Funding you earn now, next payment 08:00 UTC+0.0689%/8h= +75.4% APRnext payment +$6.89 per $10,000 · paid last 24h −0.033%
Price spread now: Bybit against Bitget+0.041%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.041%, 7d avg +0.008%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Bybit is 0.033% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.008%. Mind the row above: over the last 7 days funding on this pair cost −0.193%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.193% in total (about -10.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.89 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 | Bitget ARMUSDT | 319.57 | −0.0689 | get 0.0689% / 8h | 2h 33m | $1.8M | $3.9M | 20x |
| Short | Bybit ARMUSDT | 319.70 | 0 | get 0.0000% / 8h | 2h 33m | $1.9M | $2.2M | 25x |
Bitget ARMUSDT
Bybit ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $144.69
- Price spread: +0.041% → +0.008%
- $3.27
- Slippage, 4 orders
- −$52.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $72.18
- Costs to cover
- 0.758%
- Break-even
- 3.5 days
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 9 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 Bitget live order book, 5 min ago | 5.14 bp | 19.7 bp −$20 | 30.8 bp −$308 | 85.5 bp −$8,553 | doesn't fit |
| Sell Bybit live order book, 9 min ago | 7.63 bp | 19.7 bp −$20 | 81.0 bp −$810 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDTlong | −0.0689% | 8h | 319.57 | long leg | $1.8M | $3.9M | 20x | |
| edgeX ARMUSDC | −0.0530% | 4h | 320.39 | +0.256% | $34K | $351K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.74 | +0.054% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.46 | −0.034% | $35K | $266K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 319.67 | +0.030% | $8.2M | $50.6M | 20x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 319.70 | +0.041% | $1.9M | $2.2M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.33 | −0.075% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 319.63 | +0.019% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.46 | +0.279% | $191K | $293K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.84 | +0.397% | $253 | $218K | 10x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 319.61 | +0.013% | $1K | $2.5M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 319.56 | −0.003% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.69 | +0.350% | $18K | $17K | 20x | as long as short |
| BloFin ARM-USDT | +0.0010% | 8h | 319.36 | −0.066% | $122K | $50K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 319.57 | 0.000% | $1.1M | $3.6M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.47 | −0.031% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 319.78 | +0.066% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 319.45 | −0.038% | $369K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.40 | −0.053% | $186K | $416K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.72 | +0.047% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0141% | 1h | 319.60 | +0.009% | $8.0M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 320.61 | +0.325% | $100K | $304K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 319.90 | +0.103% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.54 | +1.555% | $5K | $50K | 12x | as long as short |
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP