Funding you earn now, next payment 08:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.87 per $10,000 · paid last 24h −0.045%
Price spread now: Bybit against Binance−0.007%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$520.524% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now −0.007%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARMUSDT | 329.04 | 0.0087 | pay 0.0087% / 8h | 5h 05m | $8.7M | $49.9M | 20x |
| Short | Bybit ARMUSDT | 329.02 | 0 | get 0.0000% / 8h | 5h 05m | $2.0M | $2.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$18.17
- Price spread: −0.007% → −0.009%
- $0.16
- Slippage, 4 orders
- −$31.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$70.45
- Costs to cover
- 0.524%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 1 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 Binance live order book, 6 min ago | 0.91 bp | 8.9 bp −$9 | 25.3 bp −$253 | 108.7 bp −$10.9K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.08 bp | 18.1 bp −$18 | 84.0 bp −$840 | 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 | −0.0056% | 4h | 328.88 | −0.050% | $35K | $347K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 328.91 | −0.041% | $102K | $292K | 10x | as long as short |
| BloFin ARM-USDT | −0.0001% | 8h | 329.10 | +0.017% | $128K | $48K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.98 | −0.021% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 329.02 | −0.007% | $2.0M | $2.1M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 329.12 | +0.023% | $1.7M | $6.7M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 328.99 | −0.016% | $213K | $314K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.89 | −0.047% | $727 | $192K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.81 | −0.071% | $964 | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.80 | −0.074% | $18K | $16K | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0011% | 1h | 328.93 | −0.035% | $1.1M | $4.1M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.92 | −0.038% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 329.09 | +0.014% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.96 | −0.026% | $381K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.92 | −0.038% | $203K | $403K | 10x | as long as short |
| Binance ARMUSDTlong | +0.0087% | 8h | 329.04 | long leg | $8.7M | $49.9M | 20x | |
| Extended ARM-USD | +0.0088% | 1h | 328.99 | −0.015% | $36K | $268K | 10x | as long as short |
| Phoenix ARM | +0.0122% | 1h | 329.15 | +0.032% | $5K | $434K | 10x | as long as short |
| Gate ARM_USDT | +0.0129% | 8h | 329.23 | +0.057% | $1.5M | $4.3M | 50x | as long as short |
| tradeXYZ xyz:ARM | +0.0135% | 1h | 329.05 | +0.002% | $8.3M | $8.7M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.31 | +0.993% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0284% | 8h | 329.06 | +0.005% | $1.8M | $3.8M | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0328% | 1h | 329.14 | +0.029% | $12K | $125K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0568% | 8h | 329.03 | −0.004% | $2.4M | $118K | 20x | as long as short |
Binance ARMUSDT
Bybit ARMUSDT
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
BloFin ARM-USDT
Aster ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
Extended ARM-USD
Phoenix ARM
Gate ARM_USDT
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Bitget ARMUSDT
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM