Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against BloFin+0.106%82s7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$890.890% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 3 days (all we have)+0.236%+$24 · spread now +0.106%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.070% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.036%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARM-USDT | 322.03 | −0.0012 | get 0.0012% / 8h | 3h 31m | $126K | $43K | 20x |
| Short | Bybit ARMUSDT | 322.37 | 0 | get 0.0000% / 8h | 3h 31m | $2.0M | $2.7M | 25x |
BloFin ARM-USDT
Bybit ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $2.48
- Price spread: +0.106% → +0.036%
- $7
- Slippage, 4 orders
- −$65.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79.51
- Costs to cover
- 0.890%
- Break-even
- 231.1 days
Slippage from BloFin: live order book, 9 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 BloFin live order book, 9 min ago | 3.26 bp | 10.2 bp −$10 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.95 bp | 43.3 bp −$43 | 143.3 bp −$1,433 | 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 | −0.0551% | 4h | 322.14 | +0.035% | $34K | $345K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0072% | 1h | 322.16 | +0.040% | $91K | $275K | 10x | as long as short |
| BloFin ARM-USDTlong | −0.0012% | 8h | 322.03 | long leg | $126K | $43K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 322.20 | +0.054% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.17 | +0.045% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.24 | +0.064% | $8.5M | $50.4M | 20x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 322.37 | +0.106% | $2.0M | $2.7M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.00 | −0.009% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.36 | +0.102% | $1.5M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 322.23 | +0.062% | $1.8M | $4.1M | 20x | as long as short |
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARM | 0.0000% | 8h | 322.15 | +0.039% | $211K | $396K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.26 | +0.072% | $899 | $213K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.96 | −0.022% | $1K | $3.2M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 322.21 | +0.056% | $12K | $144K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 322.42 | +0.121% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 322.25 | +0.068% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.10 | +0.022% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.32 | +0.090% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 322.10 | +0.022% | $7.6M | $9.9M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.29 | +0.081% | $376K | $1.4M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.08 | +0.016% | $205K | $543K | 10x | as long as short |
| Phoenix ARM | +0.0099% | 1h | 322.22 | +0.059% | $18K | $445K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 322.60 | +0.177% | $2.3M | $116K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 326.53 | +1.397% | $5K | $52K | 12x | as long as short |
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
KuCoin ARMUSDTM
Injective ARM/USDC PERP