ARM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0559%/8h= −61.2% APRnext payment −$5.59 per $10,000 · paid last 24h −0.049%

Price spread now: Bitget against KuCoin−0.056%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$298as in the Funding arb table

Net, price: spread back to 7d avg − costs−$299as in the Price arb table

costs, in and out, $10k−$2922.919% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days+0.016%+$2 · spread now −0.056%, 7d avg +0.013%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bitget is 0.069% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.013%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARMUSDTM	321.74	0.0100	pay 0.0100% / 8h	9m 04s	$2.3M	$121K	20x
Short	Bitget ARMUSDT	321.56	−0.0459	pay 0.0459% / 8h	9m 04s	$1.7M	$4.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now −0.056%Rate

Funding earned: −$117.39
Price spread: −0.056% → +0.013%: −$6.93
Slippage, 4 orders: −$267.91
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$416.23
Costs to cover: 2.919%
Break-even: never at this rate

Slippage from KuCoin: live order book, 7 min ago; Bitget: live order book, 4 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 KuCoin live order book, 7 min ago	5.59 bp	103.3 bp −$103	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	3.42 bp	16.1 bp −$16	26.0 bp −$260	84.2 bp −$8,419	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 ARMUSDTshort	−0.0459%	8h	321.56	−0.056%	$1.7M	$4.0M	20x
BloFin ARM-USDT	−0.0015%	8h	321.58	−0.050%	$123K	$52K	20x	as long as short
Aster ARMUSDT	0.0000%	8h	321.23	−0.158%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	321.47	−0.082%	$36K	$312K	10x	as long as short
Binance ARMUSDT	0.0000%	8h	321.53	−0.064%	$8.2M	$50.0M	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	321.39	−0.109%	$1.9M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	321.59	−0.047%	$1.6M	$6.5M	20x	as long as short
Gate ARM_USDT	0.0000%	8h	321.61	−0.040%	$1.4M	$4.1M	50x	as long as short
Variational Omni ARM	0.0000%	8h	321.39	−0.109%	$187K	$252K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	321.52	−0.070%	$1K	$237K	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	321.74	0.000%	$988	$2.4M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	321.37	−0.115%	$18K	$15K	20x	as long as short
QFEX ARM-USD	+0.0025%	1h	321.41	−0.103%	$1.1M	$3.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	321.13	−0.190%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	321.64	−0.031%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	321.51	−0.071%	$372K	$1.2M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	321.22	−0.162%	$185K	$440K	10x	as long as short
KuCoin ARMUSDTMlong	+0.0100%	8h	321.74	long leg	$2.3M	$121K	20x
Coinbase International ARM-PERP-INTX	+0.0160%	1h	320.83	−0.283%	$98K	$289K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	324.70	+0.920%	$5K	$49K	12x	as long as short
Phoenix ARM	+0.0224%	1h	321.55	−0.059%	$5K	$444K	10x	as long as short
tradeXYZ xyz:ARM	+0.0241%	1h	321.62	−0.037%	$8.2M	$8.6M	10x	as long as short
edgeX ARMUSDC	+0.0756%	4h	321.42	−0.101%	$36K	$355K	10x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0933%	1h	321.55	−0.059%	$12K	$59K	10x	as long as short