Funding you earn now, next payment 21:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h −0.001%
Price spread now: Coinbase International against OKX−0.102%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days+0.225%+$22 on $10k
+Price spread, last 3 days (all we have)−0.105%−$10 · spread now −0.102%, 7d avg −0.031%
=Funding pays, the price is against you. Coinbase International is 0.071% cheaper against OKX than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.031%). If the spread goes back, that is −$7 on $10k: about 9.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.225% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARM-USDT-SWAP | 323.23 | 0 | get 0.0000% / 8h | 2h 11m | $1.6M | $6.7M | 20x |
| Short | Coinbase International ARM-PERP-INTX | 322.90 | 0.0024 | get 0.0003% / 1h | 11m 08s | $91K | $278K | 10x |
OKX ARM-USDT-SWAP
Coinbase International ARM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. 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
- $5.04
- Price spread: −0.102% → −0.031%
- −$7.14
- Slippage, 4 orders
- −$38.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$60.45
- Costs to cover
- 0.583%
- Break-even
- 91.0 days
Slippage from OKX: live order book, 2 min ago; Coinbase International: live order book, 12 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 OKX live order book, 2 min ago | 0.77 bp | 13.1 bp −$13 | 42.9 bp −$429 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 12 min ago | 8.52 bp | 14.2 bp −$14 | 22.2 bp −$222 | 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 | −0.0308% | 4h | 323.03 | −0.061% | $34K | $349K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 323.21 | −0.007% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.27 | +0.012% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 323.31 | +0.025% | $8.5M | $51.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 323.26 | +0.009% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAPlong | 0.0000% | 8h | 323.23 | long leg | $1.6M | $6.7M | 20x | |
| Bitget ARMUSDT | 0.0000% | 8h | 323.14 | −0.028% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 323.11 | −0.037% | $276K | $460K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.82 | −0.127% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.35 | +0.037% | $18K | $16K | 20x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | 0.0000% | 8h | 323.28 | +0.015% | $122K | $44K | 20x | as long as short |
| Gate ARM_USDT | +0.0011% | 8h | 323.51 | +0.087% | $1.5M | $4.0M | 50x | as long as short |
| GRVT ARM_USDT_Perp | +0.0016% | 8h | 323.14 | −0.028% | $837 | $214K | 10x | as long as short |
| Coinbase International ARM-PERP-INTXshort | +0.0024% | 1h | 322.90 | −0.102% | $91K | $278K | 10x | |
| Lighter ARM | +0.0032% | 1h | 323.04 | −0.059% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0035% | 1h | 323.45 | +0.068% | $1.1M | $4.6M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.68 | +0.139% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.34 | +0.034% | $377K | $1.4M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.83 | −0.124% | $210K | $549K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0051% | 1h | 323.15 | −0.025% | $7.6M | $9.9M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 323.74 | +0.158% | $2.3M | $117K | 20x | as long as short |
| Phoenix ARM | +0.0149% | 1h | 323.17 | −0.019% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 326.29 | +0.947% | $5K | $52K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0276% | 1h | 323.41 | +0.056% | $12K | $144K | 10x | as long as short |
BloFin ARM-USDT
Gate ARM_USDT
GRVT ARM_USDT_Perp
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL