Funding you earn now, next payment 08:00 UTC+0.0110%/8h= +12.0% APRnext payment +$1.10 per $10,000 · paid last 24h +0.083%
Price spread now: KuCoin against Bybit+0.003%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$384as in the Price arb table
costs, in and out, $10k−$3873.865% of the position
Funding, last 7 days+0.252%+$25 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now +0.003%, 7d avg −0.019%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.022% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARMUSDT | 321.28 | 0 | get 0.0000% / 8h | 3h 04m | $1.9M | $2.2M | 25x |
| Short | KuCoin ARMUSDTM | 321.29 | 0.0110 | get 0.0110% / 8h | 3h 04m | $2.3M | $119K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $23.1
- Price spread: +0.003% → −0.019%
- $2.21
- Slippage, 4 orders
- −$363.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$361.19
- Costs to cover
- 3.865%
- Break-even
- 116.5 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 7 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, 2 min ago | 5.13 bp | 16.6 bp −$17 | 79.9 bp −$799 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 5.76 bp | 187.8 bp −$188 | 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 ARMUSDT | −0.0460% | 8h | 321.32 | +0.012% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDT | −0.0016% | 8h | 320.89 | −0.121% | $122K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.45 | +0.053% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.10 | −0.056% | $35K | $257K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.36 | +0.026% | $8.3M | $50.8M | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 321.28 | long leg | $1.9M | $2.2M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.30 | +0.006% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.46 | +0.056% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.45 | +0.054% | $191K | $301K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.21 | −0.022% | $723 | $215K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.00 | −0.087% | $1K | $2.6M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.23 | −0.016% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 321.19 | −0.028% | $1.1M | $3.6M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.74 | −0.168% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.31 | +0.009% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.32 | +0.012% | $372K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.56 | +0.087% | $187K | $426K | 10x | as long as short |
| KuCoin ARMUSDTMshort | +0.0110% | 8h | 321.29 | +0.003% | $2.3M | $119K | 20x | |
| Phoenix ARM | +0.0123% | 1h | 321.03 | −0.078% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 322.33 | +0.327% | $100K | $314K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0136% | 1h | 321.49 | +0.065% | $8.0M | $8.6M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.93 | +1.136% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0748% | 1h | 321.06 | −0.068% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDC | +0.0911% | 4h | 320.93 | −0.108% | $34K | $349K | 10x | as long as short |
Bybit ARMUSDT
KuCoin ARMUSDTM
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
Lighter ARM
Polymarket Perps ARM-USD
Phoenix ARM
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC