Funding you earn now, next payment 08:00 UTC+0.0321%/8h= +35.2% APRnext payment +$3.21 per $10,000 · paid last 24h +0.049%
Price spread now: Bitget against BloFin−0.030%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$500.501% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.379%+$38 · spread now −0.030%, 7d avg +0.040%
=Funding pays, the price is against you. Bitget is 0.070% cheaper against BloFin than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.040%). If the spread goes back, that is −$7 on $10k: about 18 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.210% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.210% in total (about 11.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.21 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 | BloFin ARM-USDT | 328.96 | −0.0017 | get 0.0017% / 8h | 5h 29m | $128K | $48K | 20x |
| Short | Bitget ARMUSDT | 328.86 | 0.0304 | get 0.0304% / 8h | 5h 29m | $1.8M | $3.8M | 20x |
BloFin ARM-USDT
Bitget ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $67.5
- Price spread: −0.030% → +0.040%
- −$7.03
- Slippage, 4 orders
- −$26.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $10.34
- Costs to cover
- 0.501%
- Break-even
- 5.9 days
Slippage from BloFin: live order book, 7 min ago; Bitget: live order book, 4 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 BloFin live order book, 7 min ago | 0.61 bp | 10.8 bp −$11 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.19 bp | 17.4 bp −$17 | 27.3 bp −$273 | 84.3 bp −$8,428 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDTlong | −0.0017% | 8h | 328.96 | long leg | $128K | $48K | 20x | |
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 328.97 | +0.003% | $101K | $291K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.86 | −0.031% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.74 | −0.067% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.73 | −0.070% | $1.7M | $6.7M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 329.10 | +0.043% | $760 | $188K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.80 | −0.049% | $852 | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.58 | −0.116% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 328.75 | −0.064% | $1.1M | $4.3M | 10x | as long as short |
| Variational Omni ARM | +0.0028% | 8h | 328.97 | +0.004% | $214K | $320K | — | as long as short |
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 328.50 | −0.140% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.96 | 0.000% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.85 | −0.033% | $381K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.79 | −0.052% | $202K | $406K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0085% | 1h | 328.73 | −0.070% | $12K | $125K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0091% | 1h | 328.85 | −0.033% | $8.3M | $8.8M | 10x | as long as short |
| Gate ARM_USDT | +0.0112% | 8h | 329.11 | +0.046% | $1.4M | $4.3M | 50x | as long as short |
| Phoenix ARM | +0.0122% | 1h | 329.21 | +0.076% | $5K | $434K | 10x | as long as short |
| Binance ARMUSDT | +0.0132% | 8h | 328.59 | −0.112% | $8.6M | $50.0M | 20x | as long as short |
| Extended ARM-USD | +0.0136% | 1h | 328.72 | −0.074% | $36K | $272K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.09 | +0.951% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDTshort | +0.0304% | 8h | 328.86 | −0.030% | $1.8M | $3.8M | 20x | |
| edgeX ARMUSDC | +0.0466% | 4h | 328.90 | −0.019% | $35K | $347K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0644% | 8h | 329.00 | +0.012% | $2.4M | $119K | 20x | as long as short |
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Deribit ARM_USDC-PERPETUAL
tradeXYZ xyz:ARM
Gate ARM_USDT
Phoenix ARM
Binance ARMUSDT
Extended ARM-USD
Injective ARM/USDC PERP
edgeX ARMUSDC
KuCoin ARMUSDTM