Funding you earn now, next payment 04:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.013%
Price spread now: Coinbase International against Bybit−0.047%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now −0.047%, 7d avg −0.042%
=The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARMUSDT | 322.48 | 0 | get 0.0000% / 8h | 3h 15m | $1.9M | $2.2M | 25x |
| Short | Coinbase International ARM-PERP-INTX | 322.33 | 0.0128 | get 0.0016% / 1h | 15m 45s | $100K | $314K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $26.88
- Price spread: −0.047% → −0.042%
- −$0.46
- Slippage, 4 orders
- −$42.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$36.9
- Costs to cover
- 0.633%
- Break-even
- 16.6 days
Slippage from Bybit: live order book, 1 min ago; Coinbase International: live order book, 37 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 | 6.04 bp | 18.4 bp −$18 | 77.6 bp −$776 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 37 min ago | 7.08 bp | 12.1 bp −$12 | 17.4 bp −$174 | 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 | −0.0361% | 4h | 322.47 | −0.004% | $34K | $350K | 10x | as long as short |
| Bitget ARMUSDT | −0.0272% | 8h | 322.71 | +0.071% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDT | −0.0022% | 8h | 321.53 | −0.295% | $123K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.25 | −0.070% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.51 | +0.009% | $37K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.45 | −0.008% | $8.3M | $50.7M | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 322.48 | long leg | $1.9M | $2.2M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.41 | −0.022% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.54 | +0.019% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.49 | +0.003% | $208K | $288K | — | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.62 | +0.043% | $868 | $214K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.74 | −0.229% | $869 | $2.6M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.59 | −0.276% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 322.48 | 0.000% | $1.1M | $3.7M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0029% | 1h | 322.58 | +0.031% | $12K | $59K | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.11 | −0.115% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.45 | −0.009% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.39 | −0.028% | $373K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.22 | −0.081% | $186K | $416K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0121% | 1h | 322.51 | +0.009% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 321.76 | −0.223% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTXshort | +0.0128% | 1h | 322.33 | −0.047% | $100K | $314K | 10x | |
| KuCoin ARMUSDTM | +0.0136% | 8h | 322.45 | −0.009% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.93 | +0.760% | $5K | $50K | 12x | as long as short |
Bybit ARMUSDT
Coinbase International ARM-PERP-INTX
edgeX ARMUSDC
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Deribit ARM_USDC-PERPETUAL
Lighter ARM
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
Phoenix ARM
KuCoin ARMUSDTM
Injective ARM/USDC PERP