Funding you earn now, next payment 08:00 UTC+0.0449%/8h= +49.2% APRnext payment +$4.49 per $10,000 · paid last 24h −0.045%
Price spread now: OKX against Bitget+0.037%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$670.668% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 7 days−0.065%−$7 · spread now +0.037%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and OKX is 0.050% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.198%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.198% in total (about -10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.49 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 | 321.49 | −0.0449 | get 0.0449% / 8h | 4m 46s | $1.7M | $3.9M | 20x |
| Short | OKX ARM-USDT-SWAP | 321.61 | 0 | get 0.0000% / 8h | 4m 46s | $1.6M | $6.5M | 20x |
Bitget ARMUSDT
OKX ARM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $94.29
- Price spread: +0.037% → −0.012%
- $4.95
- Slippage, 4 orders
- −$44.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $32.39
- Costs to cover
- 0.668%
- Break-even
- 4.6 days
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago | 4.51 bp | 19.0 bp −$19 | 29.2 bp −$292 | 76.8 bp −$7,681 | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.96 bp | 17.3 bp −$17 | 46.9 bp −$469 | 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 | −0.0449% | 8h | 321.49 | long leg | $1.7M | $3.9M | 20x | |
| BloFin ARM-USDT | −0.0025% | 8h | 321.46 | −0.009% | $123K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.74 | +0.079% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.65 | +0.050% | $36K | $312K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.75 | +0.082% | $8.3M | $49.9M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.71 | +0.068% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAPshort | 0.0000% | 8h | 321.61 | +0.037% | $1.6M | $6.5M | 20x | |
| Gate ARM_USDT | 0.0000% | 8h | 321.81 | +0.100% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.60 | +0.033% | $187K | $252K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.49 | 0.000% | $347 | $236K | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
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 | 321.66 | +0.053% | $1K | $2.4M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 321.79 | +0.093% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.43 | −0.019% | $18K | $14K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.51 | +0.006% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.56 | +0.022% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.63 | +0.044% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.64 | +0.047% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.29 | −0.062% | $185K | $440K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.91 | +0.131% | $2.3M | $122K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 320.83 | −0.205% | $98K | $289K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +0.998% | $5K | $49K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 321.71 | +0.068% | $5K | $444K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0236% | 1h | 321.72 | +0.072% | $8.2M | $8.6M | 10x | as long as short |
| edgeX ARMUSDC | +0.0726% | 4h | 321.41 | −0.024% | $36K | $356K | 10x | as long as short |
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Phoenix ARM
tradeXYZ xyz:ARM
edgeX ARMUSDC