Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.069%
Price spread now: KuCoin against Coinbase International−0.375%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$372as in the Funding arb table
Net, price: spread back to 7d avg − costs−$418as in the Price arb table
costs, in and out, $10k−$3773.773% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.595%+$59 · spread now −0.375%, 7d avg +0.033%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.409% cheaper against Coinbase International than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of +0.033%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARM-PERP-INTX | 322.33 | 0.0128 | pay 0.0016% / 1h | 4m 51s | $100K | $314K | 10x |
| Short | KuCoin ARMUSDTM | 321.12 | 0.0111 | get 0.0111% / 8h | 3h 04m | $2.3M | $119K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Coinbase International. 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
- −$3.57
- Price spread: −0.375% → +0.033%
- −$40.86
- Slippage, 4 orders
- −$355.27
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$421.7
- Costs to cover
- 3.773%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 48 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 Coinbase International live order book, 48 min ago | 7.08 bp | 13.4 bp −$13 | 22.2 bp −$222 | 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 | −0.0444% | 8h | 321.18 | −0.357% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDT | −0.0016% | 8h | 320.89 | −0.447% | $122K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.28 | −0.326% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.98 | −0.420% | $38K | $252K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.02 | −0.406% | $8.3M | $50.8M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.98 | −0.419% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.83 | −0.465% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.23 | −0.341% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.45 | −0.272% | $191K | $301K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.21 | −0.347% | $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 | −0.413% | $1K | $2.6M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.23 | −0.341% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 321.09 | −0.385% | $1.1M | $3.6M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.70 | −0.506% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.26 | −0.332% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.00 | −0.413% | $372K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.56 | −0.239% | $187K | $426K | 10x | as long as short |
| KuCoin ARMUSDTMshort | +0.0111% | 8h | 321.12 | −0.375% | $2.3M | $119K | 20x | |
| Phoenix ARM | +0.0123% | 1h | 321.03 | −0.403% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTXlong | +0.0128% | 1h | 322.33 | long leg | $100K | $314K | 10x | |
| tradeXYZ xyz:ARM | +0.0136% | 1h | 321.33 | −0.310% | $8.0M | $8.6M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.93 | +0.807% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0748% | 1h | 321.06 | −0.394% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDC | +0.0911% | 4h | 320.93 | −0.433% | $34K | $349K | 10x | as long as short |
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit 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
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC