Funding you earn now, next payment 08:00 UTC−0.0778%/8h= −85.2% APRnext payment −$7.78 per $10,000 · paid last 24h −0.083%
Price spread now: Bybit against KuCoin−0.036%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2402.403% of the position
Funding, last 7 days−0.253%−$25 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.036%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bybit is 0.055% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.253% in total (about -13.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.78 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 | 330.43 | 0.0778 | pay 0.0778% / 8h | 7h 23m | $2.4M | $116K | 20x |
| Short | Bybit ARMUSDT | 330.31 | 0 | get 0.0000% / 8h | 7h 23m | $2.0M | $2.2M | 25x |
KuCoin ARMUSDTM
Bybit ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$163.38
- Price spread: −0.036% → +0.018%
- −$5.45
- Slippage, 4 orders
- −$217.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$409.17
- Costs to cover
- 2.403%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 9.35 bp | 102.3 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.19 bp | 17.9 bp −$18 | 81.3 bp −$813 | 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 | −0.0996% | 4h | 331.52 | +0.331% | $35K | $352K | 10x | as long as short |
| BloFin ARM-USDT | −0.0016% | 8h | 331.08 | +0.197% | $127K | $46K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 330.07 | −0.108% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 330.31 | −0.036% | $2.0M | $2.2M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 329.98 | −0.136% | $1.7M | $6.7M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 330.05 | −0.115% | $1K | $3.0M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 331.33 | +0.272% | $18K | $16K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0023% | 1h | 330.14 | −0.088% | $12K | $125K | 10x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 330.32 | −0.033% | $1.1M | $4.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 330.01 | −0.127% | — | — | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
Deribit ARM_USDC-PERPETUAL
QFEX ARM-USD
Lighter ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ARM-USD-PERP | +0.0046% | 1h | 330.76 | +0.100% | — | — | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | −1.359% | $89K | $282K | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0054% | 1h | 330.65 | +0.067% | $205K | $522K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0056% | 8h | 331.40 | +0.293% | $418 | $190K | 10x | as long as short |
| Gate ARM_USDT | +0.0141% | 8h | 330.38 | −0.015% | $1.5M | $4.1M | 50x | as long as short |
| Polymarket Perps ARM-USD | +0.0166% | 1h | 330.34 | −0.027% | $382K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0173% | 1h | 330.09 | −0.103% | $8.3M | $8.8M | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 330.96 | +0.160% | $5K | $460K | 10x | as long as short |
| Variational Omni ARM | +0.0213% | 8h | 331.06 | +0.191% | $215K | $528K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.89 | +0.442% | $5K | $50K | 12x | as long as short |
| Binance ARMUSDT | +0.0350% | 8h | 330.32 | −0.033% | $8.9M | $50.5M | 20x | as long as short |
| Extended ARM-USD | +0.0352% | 1h | 330.05 | −0.116% | $38K | $334K | 10x | as long as short |
| Bitget ARMUSDT | +0.0714% | 8h | 330.19 | −0.073% | $1.8M | $3.9M | 20x | as long as short |
| KuCoin ARMUSDTMlong | +0.0778% | 8h | 330.43 | long leg | $2.4M | $116K | 20x |
Vest ARM-USD-PERP
Coinbase International ARM-PERP-INTX
Ondo Perps ARM-USD.P
GRVT ARM_USDT_Perp
Gate ARM_USDT
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Binance ARMUSDT
Extended ARM-USD
Bitget ARMUSDT