Funding you earn now, next payment 08:00 UTC−0.0752%/8h= −82.3% APRnext payment −$7.52 per $10,000 · paid last 24h −0.095%
Price spread now: OKX against KuCoin−0.061%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$321as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$2952.951% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now −0.061%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and OKX is 0.058% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.258% in total (about -13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARMUSDTM | 327.85 | 0.0752 | pay 0.0752% / 8h | 7h 52m | $2.3M | $117K | 20x |
| Short | OKX ARM-USDT-SWAP | 327.65 | 0 | get 0.0000% / 8h | 7h 52m | $1.7M | $6.6M | 20x |
KuCoin ARMUSDTM
OKX ARM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$157.92
- Price spread: −0.061% → −0.003%
- −$5.81
- Slippage, 4 orders
- −$273.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$458.81
- Costs to cover
- 2.951%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 4 min ago | 5.95 bp | 84.0 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 1.53 bp | 16.3 bp −$16 | 75.8 bp −$758 | doesn't fit | doesn't fit |
ARM on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0267% | 4h | 326.99 | −0.263% | $35K | $351K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 327.65 | −0.062% | $7K | $126K | 20x | as long as short |
| OKX ARM-USDT-SWAPshort | 0.0000% | 8h | 327.65 | −0.061% | $1.7M | $6.6M | 20x | |
| SunX ARM-USDT | 0.0000% | 8h | 327.08 | −0.235% | $1K | $3.1M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.01 | −0.256% | $18K | $17K | 20x | as long as short |
| BloFin ARM-USDT | +0.0004% | 8h | 326.94 | −0.278% | $124K | $44K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 327.54 | −0.095% | $1.1M | $4.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.26 | −0.180% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.69 | −0.049% | — | — | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | −0.583% | $89K | $286K | 10x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Coinbase International ARM-PERP-INTXShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARMUSDT | +0.0052% | 8h | 327.60 | −0.076% | $2.0M | $2.1M | 25x | as long as short |
| Bitget ARMUSDT | +0.0072% | 8h | 327.67 | −0.055% | $1.8M | $3.9M | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0178% | 1h | 326.98 | −0.265% | $12K | $125K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 326.93 | −0.281% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 329.18 | +0.406% | $5K | $50K | 12x | as long as short |
| Variational Omni ARM | +0.0238% | 8h | 327.53 | −0.097% | $210K | $527K | — | as long as short |
| GRVT ARM_USDT_Perp | +0.0282% | 8h | 326.66 | −0.363% | $830 | $196K | 10x | as long as short |
| Binance ARMUSDT | +0.0359% | 8h | 327.86 | +0.002% | $8.7M | $50.3M | 20x | as long as short |
| Extended ARM-USD | +0.0360% | 1h | 327.46 | −0.119% | $38K | $197K | 10x | as long as short |
| Gate ARM_USDT | +0.0402% | 8h | 327.86 | +0.003% | $1.5M | $4.0M | 50x | as long as short |
| KuCoin ARMUSDTMlong | +0.0752% | 8h | 327.85 | long leg | $2.3M | $117K | 20x | |
| Ondo Perps ARM-USD.P | +0.0938% | 1h | 326.97 | −0.268% | $208K | $532K | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.1450% | 1h | 327.88 | +0.009% | $385K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.1556% | 1h | 327.74 | −0.034% | $8.1M | $8.4M | 10x | as long as short |
Bybit ARMUSDT
Bitget ARMUSDT
Deribit ARM_USDC-PERPETUAL
Phoenix ARM
Injective ARM/USDC PERP
Variational Omni ARM
GRVT ARM_USDT_Perp
Binance ARMUSDT
Extended ARM-USD
Gate ARM_USDT
Ondo Perps ARM-USD.P
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM