Funding you earn now, next payment 08:00 UTC−0.0843%/8h= −92.3% APRnext payment −$8.43 per $10,000 · paid last 24h −0.095%
Price spread now: OKX against KuCoin−0.200%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2262.260% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 7 days+0.113%+$11 · spread now −0.200%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and OKX is 0.197% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.258% in total (about -13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.43 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 | 330.73 | 0.0843 | pay 0.0843% / 8h | 6h 59m | $2.4M | $116K | 20x |
| Short | OKX ARM-USDT-SWAP | 330.07 | 0 | get 0.0000% / 8h | 6h 59m | $1.7M | $6.6M | 20x |
KuCoin ARMUSDTM
OKX ARM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$177.03
- Price spread: −0.200% → −0.002%
- −$19.74
- Slippage, 4 orders
- −$203.98
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$422.75
- Costs to cover
- 2.260%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; OKX: 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, 2 min ago | 9.37 bp | 77.7 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.63 bp | 14.2 bp −$14 | 43.1 bp −$431 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 330.27 | −0.141% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 330.24 | −0.148% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAPshort | 0.0000% | 8h | 330.07 | −0.200% | $1.7M | $6.6M | 20x | |
| SunX ARM-USDT | 0.0000% | 8h | 330.01 | −0.218% | $917 | $2.9M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 330.26 | −0.142% | $18K | $16K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0019% | 1h | 330.17 | −0.169% | $8.4M | $8.9M | 10x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 330.11 | −0.187% | $1.1M | $4.5M | 10x | as long as short |
| BloFin ARM-USDT | +0.0029% | 8h | 330.32 | −0.124% | $127K | $46K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 329.70 | −0.311% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 330.42 | −0.094% | — | — | 10x | as long as short |
Aster ARMUSDT
Bybit ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
tradeXYZ xyz:ARM
QFEX ARM-USD
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 330.52 | −0.063% | $90K | $286K | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 330.21 | −0.157% | $382K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 329.83 | −0.272% | $207K | $536K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0142% | 8h | 330.42 | −0.094% | $473 | $187K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 330.62 | −0.033% | $5K | $460K | 10x | as long as short |
| Variational Omni ARM | +0.0213% | 8h | 330.08 | −0.197% | $214K | $526K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 333.61 | +0.871% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0235% | 1h | 330.27 | −0.139% | $12K | $125K | 10x | as long as short |
| Binance ARMUSDT | +0.0357% | 8h | 330.22 | −0.155% | $8.9M | $50.4M | 20x | as long as short |
| Extended ARM-USD | +0.0360% | 1h | 330.10 | −0.191% | $36K | $278K | 10x | as long as short |
| Gate ARM_USDT | +0.0439% | 8h | 330.42 | −0.094% | $1.5M | $4.1M | 50x | as long as short |
| KuCoin ARMUSDTMlong | +0.0843% | 8h | 330.73 | long leg | $2.4M | $116K | 20x | |
| Bitget ARMUSDT | +0.0902% | 8h | 330.27 | −0.139% | $1.8M | $3.8M | 20x | as long as short |
| edgeX ARMUSDC | +0.0960% | 4h | 330.35 | −0.116% | $35K | $345K | 10x | as long as short |
Coinbase International ARM-PERP-INTX
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
GRVT ARM_USDT_Perp
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
Binance ARMUSDT
Extended ARM-USD
Gate ARM_USDT
Bitget ARMUSDT
edgeX ARMUSDC