Funding you earn now, next payment 00:00 UTC+0.0348%/8h= +38.1% APRnext payment +$3.48 per $10,000 · paid last 24h −0.014%
Price spread now: KuCoin against Binance+0.144%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3653.652% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 2 days (all we have)−0.217%−$22 · spread now +0.144%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.165% dearer against Binance than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.021%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.169% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.48 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 | Binance ARMUSDT | 326.23 | 0.0320 | pay 0.0320% / 8h | 14m 07s | $8.6M | $51.0M | 20x |
| Short | KuCoin ARMUSDTM | 326.70 | 0.0668 | get 0.0668% / 8h | 14m 07s | $2.3M | $120K | 20x |
Binance ARMUSDT
KuCoin ARMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $73.07
- Price spread: +0.144% → −0.021%
- $16.5
- Slippage, 4 orders
- −$343.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$275.68
- Costs to cover
- 3.652%
- Break-even
- 33.4 days
Slippage from Binance: live order book, 13 min ago; KuCoin: 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 Binance live order book, 13 min ago | 0.77 bp | 10.0 bp −$10 | 36.2 bp −$362 | 103.8 bp −$10.4K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 4.28 bp | 174.4 bp −$174 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0943% | 4h | 326.73 | +0.154% | $35K | $352K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 326.10 | −0.041% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 326.29 | +0.018% | $2.0M | $2.4M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 326.12 | −0.034% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 326.22 | −0.003% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 326.71 | +0.147% | $1K | $3.1M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 326.44 | +0.064% | $12K | $145K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.05 | +0.251% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 326.55 | +0.098% | $89K | $289K | 10x | as long as short |
| BloFin ARM-USDT | +0.0017% | 8h | 326.75 | +0.159% | $124K | $45K | 20x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
BloFin ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 326.44 | +0.064% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0033% | 1h | 326.55 | +0.098% | $1.1M | $4.8M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 326.84 | +0.187% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 326.64 | +0.126% | $383K | $2.1M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 326.29 | +0.018% | $209K | $555K | 10x | as long as short |
| Gate ARM_USDT | +0.0066% | 8h | 326.49 | +0.080% | $1.5M | $4.1M | 50x | as long as short |
| tradeXYZ xyz:ARM | +0.0155% | 1h | 326.18 | −0.015% | $8.1M | $9.7M | 10x | as long as short |
| Variational Omni ARM | +0.0183% | 8h | 326.72 | +0.151% | $213K | $523K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.15 | +1.202% | $5K | $52K | 12x | as long as short |
| Phoenix ARM | +0.0271% | 1h | 326.98 | +0.230% | $5K | $460K | 10x | as long as short |
| Extended ARM-USD | +0.0320% | 1h | 326.23 | 0.000% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDTlong | +0.0320% | 8h | 326.23 | long leg | $8.6M | $51.0M | 20x | |
| GRVT ARM_USDT_Perp | +0.0358% | 8h | 326.79 | +0.172% | $471 | $199K | 10x | as long as short |
| KuCoin ARMUSDTMshort | +0.0668% | 8h | 326.70 | +0.144% | $2.3M | $120K | 20x |
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
tradeXYZ xyz:ARM
Variational Omni ARM
Injective ARM/USDC PERP
Phoenix ARM
Extended ARM-USD
GRVT ARM_USDT_Perp