Funding you earn now, next payment 08:00 UTC+0.0559%/8h= +61.2% APRnext payment +$5.59 per $10,000 · paid last 24h +0.049%
Price spread now: KuCoin against Bitget+0.065%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2922.919% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.065%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and KuCoin is 0.079% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.013%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.060% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.59 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 | Bitget ARMUSDT | 321.58 | −0.0459 | get 0.0459% / 8h | 8m 55s | $1.7M | $4.0M | 20x |
| Short | KuCoin ARMUSDTM | 321.79 | 0.0100 | get 0.0100% / 8h | 8m 55s | $2.3M | $121K | 20x |
Bitget ARMUSDT
KuCoin ARMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $117.39
- Price spread: +0.065% → −0.013%
- $7.86
- Slippage, 4 orders
- −$267.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$166.66
- Costs to cover
- 2.919%
- Break-even
- 16.9 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 8 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 Bitget live order book, 4 min ago | 3.42 bp | 18.7 bp −$19 | 27.2 bp −$272 | 69.9 bp −$6,991 | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 5.59 bp | 153.8 bp −$154 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDTlong | −0.0459% | 8h | 321.58 | long leg | $1.7M | $4.0M | 20x | |
| BloFin ARM-USDT | −0.0015% | 8h | 321.58 | 0.000% | $123K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.41 | −0.052% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.46 | −0.038% | $36K | $312K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.60 | +0.006% | $8.2M | $50.0M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.51 | −0.022% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.59 | +0.003% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.65 | +0.022% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.39 | −0.059% | $187K | $252K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.52 | −0.020% | $1K | $237K | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.74 | +0.050% | $988 | $2.4M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.37 | −0.065% | $18K | $15K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.41 | −0.053% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.13 | −0.140% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.64 | +0.019% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.51 | −0.022% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.22 | −0.112% | $185K | $440K | 10x | as long as short |
| KuCoin ARMUSDTMshort | +0.0100% | 8h | 321.79 | +0.065% | $2.3M | $121K | 20x | |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 320.83 | −0.233% | $98K | $289K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +0.970% | $5K | $49K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 321.55 | −0.009% | $5K | $444K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0241% | 1h | 321.62 | +0.012% | $8.2M | $8.6M | 10x | as long as short |
| edgeX ARMUSDC | +0.0756% | 4h | 321.42 | −0.051% | $36K | $355K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0933% | 1h | 321.55 | −0.009% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Phoenix ARM
tradeXYZ xyz:ARM
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL