Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.14 per $10,000 · paid last 24h −0.016%
Price spread now: BloFin against Bybit+0.003%62s7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as 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−$620.621% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.003%, 7d avg −0.029%
=The price spread pays, funding is against you. BloFin is 0.032% dearer against Bybit than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.029%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.4 days. The two prices were read 62 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 | Bybit ARMUSDT | 321.35 | 0 | get 0.0000% / 8h | 10m 11s | $1.9M | $2.1M | 25x |
| Short | BloFin ARM-USDT | 321.36 | −0.0014 | pay 0.0014% / 8h | 10m 11s | $122K | $52K | 20x |
Bybit ARMUSDT
BloFin ARM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$3
- Price spread: +0.003% → −0.029%
- $3.18
- Slippage, 4 orders
- −$39.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.94
- Costs to cover
- 0.621%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 56 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 Bybit live order book, 1 min ago | 3.89 bp | 25.0 bp −$25 | 99.2 bp −$992 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 56 min ago | 2.34 bp | 13.0 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0893% | 4h | 321.60 | +0.078% | $36K | $357K | 10x | as long as short |
| Bitget ARMUSDT | −0.0463% | 8h | 321.67 | +0.100% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDTshort | −0.0014% | 8h | 321.36 | +0.003% | $122K | $52K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 321.24 | −0.036% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.38 | +0.011% | $36K | $312K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.45 | +0.033% | $8.2M | $50.0M | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 321.35 | long leg | $1.9M | $2.1M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.43 | +0.025% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.64 | +0.090% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.39 | +0.012% | $187K | $252K | — | as long as short |
edgeX ARMUSDC
Bitget ARMUSDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.83 | +0.149% | $1K | $237K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.74 | +0.121% | $988 | $2.4M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.37 | +0.006% | $18K | $15K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.50 | +0.047% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.13 | −0.068% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.63 | +0.087% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.50 | +0.047% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.72 | +0.115% | $185K | $441K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.74 | +0.121% | $2.3M | $121K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 320.83 | −0.162% | $98K | $289K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +1.042% | $5K | $49K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 321.71 | +0.112% | $5K | $444K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0242% | 1h | 321.69 | +0.106% | $8.2M | $8.7M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0466% | 1h | 321.43 | +0.025% | $12K | $59K | 10x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
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
Deribit ARM_USDC-PERPETUAL