ARM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0781%/8h= +85.5% APRnext payment +$7.81 per $10,000 · paid last 24h +0.095%

Price spread now: KuCoin against OKX+0.113%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs−$197as in the Price arb table

costs, in and out, $10k−$2082.077% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.258%+$26 on $10k

Price spread, last 7 days+0.019%+$2 · spread now +0.113%, 7d avg +0.003%

Together, before fees+0.277%+$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and KuCoin is 0.110% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.003%.

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 +$7.81 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	OKX ARM-USDT-SWAP	328.17	0	get 0.0000% / 8h	6h 19m	$1.7M	$6.6M	20x
Short	KuCoin ARMUSDTM	328.54	0.0781	get 0.0781% / 8h	6h 19m	$2.4M	$120K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee KuCoinbpOrdersPrice spread, now +0.113%Rate

Funding earned: $164.01
Price spread: +0.113% → +0.003%: $10.97
Slippage, 4 orders: −$185.69
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$32.71
Costs to cover: 2.077%
Break-even: 8.4 days

Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 2 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, 3 min ago	1.52 bp	12.1 bp −$12	44.1 bp −$441	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	7.30 bp	106.8 bp −$107	doesn't fit	doesn't fit	doesn't fit

ARM on 23 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
Coinbase International ARM-PERP-INTX	−0.0024%	1h	328.06	−0.034%	$99K	$287K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.32	+0.044%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	328.27	+0.030%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAPlong	0.0000%	8h	328.17	long leg	$1.7M	$6.6M	20x
GRVT ARM_USDT_Perp	0.0000%	8h	328.80	+0.192%	$279	$185K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.36	+0.058%	$1K	$2.8M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	328.39	+0.067%	$12K	$125K	10x	as long as short
HTX ARM-USDT	0.0000%	8h	328.73	+0.171%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0015%	1h	328.08	−0.027%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	328.32	+0.046%	—	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ARM-USD-PERP	+0.0046%	1h	328.59	+0.128%	—	—	10x	as long as short
tradeXYZ xyz:ARM	+0.0050%	1h	328.12	−0.015%	$8.3M	$8.8M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	328.43	+0.079%	$380K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	328.48	+0.094%	$204K	$402K	10x	as long as short
Phoenix ARM	+0.0121%	1h	328.81	+0.195%	$5K	$444K	10x	as long as short
Variational Omni ARM	+0.0132%	8h	328.41	+0.074%	$213K	$332K	—	as long as short
Gate ARM_USDT	+0.0151%	8h	328.47	+0.091%	$1.5M	$4.2M	50x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	331.58	+1.039%	$5K	$50K	12x	as long as short
Binance ARMUSDT	+0.0250%	8h	328.22	+0.015%	$8.6M	$50.4M	20x	as long as short
Extended ARM-USD	+0.0256%	1h	328.14	−0.008%	$36K	$278K	10x	as long as short
Bitget ARMUSDT	+0.0501%	8h	328.20	+0.009%	$1.8M	$3.8M	20x	as long as short
edgeX ARMUSDC	+0.0750%	4h	328.39	+0.066%	$35K	$346K	10x	as long as short
KuCoin ARMUSDTMshort	+0.0781%	8h	328.54	+0.113%	$2.4M	$120K	20x