Funding you earn now, next payment 16:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against BloFin+0.167%63s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.689% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.167%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.159% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.009%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARM-USDT | 322.61 | −0.0024 | get 0.0024% / 8h | 6h 00m | $124K | $55K | 20x |
| Short | OKX ARM-USDT-SWAP | 323.15 | 0 | get 0.0000% / 8h | 6h 00m | $1.6M | $6.2M | 20x |
BloFin ARM-USDT
OKX ARM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- $4.94
- Price spread: +0.167% → +0.009%
- $15.87
- Slippage, 4 orders
- −$46.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$48.08
- Costs to cover
- 0.689%
- Break-even
- 75.2 days
Slippage from BloFin: live order book, 43 min ago; OKX: live order book, 1 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 BloFin live order book, 43 min ago | 0.47 bp | 16.2 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 3.10 bp | 14.3 bp −$14 | 39.7 bp −$397 | doesn't fit | doesn't fit |
ARM on 24 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDTlong | −0.0024% | 8h | 322.61 | long leg | $124K | $55K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 323.13 | +0.160% | $7K | $126K | 20x | as long as short |
| OKX ARM-USDT-SWAPshort | 0.0000% | 8h | 323.15 | +0.167% | $1.6M | $6.2M | 20x | |
| Gate ARM_USDT | 0.0000% | 8h | 323.24 | +0.195% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.37 | +0.236% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.65 | +0.014% | $187K | $219K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.61 | 0.000% | $1K | $2.1M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 322.07 | −0.167% | $18K | $12K | 20x | as long as short |
| Binance ARMUSDT | +0.0005% | 8h | 323.22 | +0.189% | $8.3M | $50.1M | 20x | as long as short |
| Bybit ARMUSDT | +0.0007% | 8h | 323.33 | +0.223% | $2.0M | $2.1M | 25x | as long as short |
Aster ARMUSDT
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
Binance ARMUSDT
Bybit ARMUSDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARM-USD | +0.0008% | 1h | 323.14 | +0.165% | $33K | $318K | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 323.24 | +0.195% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0037% | 1h | 323.02 | +0.127% | $1.1M | $3.3M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.98 | +0.115% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.00 | +0.121% | $373K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.40 | −0.375% | $184K | $433K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0092% | 1h | 323.16 | +0.170% | $8.3M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0120% | 1h | 321.45 | −0.360% | $99K | $272K | 10x | as long as short |
| Phoenix ARM | +0.0175% | 1h | 322.26 | −0.108% | $8K | $414K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0214% | 8h | 323.13 | +0.161% | $2.3M | $260K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0214% | 1h | 323.42 | +0.251% | $12K | $56K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 322.26 | −0.108% | $3K | $60K | 12x | as long as short |
| edgeX ARMUSDC | +0.0228% | 4h | 322.57 | −0.012% | $35K | $362K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.1087% | 8h | 322.25 | −0.111% | $976 | $251K | 10x | as long as short |
Extended ARM-USD
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL
Injective ARM/USDC PERP
edgeX ARMUSDC
GRVT ARM_USDT_Perp