Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against BloFin+0.098%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.098%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.087% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARM-USDT | 326.86 | −0.0014 | get 0.0014% / 8h | 4h 08m | $127K | $49K | 20x |
| Short | OKX ARM-USDT-SWAP | 327.18 | 0 | get 0.0000% / 8h | 4h 08m | $1.7M | $6.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $2.91
- Price spread: +0.098% → +0.011%
- $8.7
- Slippage, 4 orders
- −$27.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$38.27
- Costs to cover
- 0.499%
- Break-even
- 99.1 days
Slippage from BloFin: live order book, 20 min ago; OKX: 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, 20 min ago | 0.15 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.84 bp | 10.7 bp −$11 | 46.7 bp −$467 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDTlong | −0.0014% | 8h | 326.86 | long leg | $127K | $49K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 327.21 | +0.108% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 327.07 | +0.066% | $36K | $270K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 327.16 | +0.092% | $8.6M | $50.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.17 | +0.095% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAPshort | 0.0000% | 8h | 327.18 | +0.098% | $1.7M | $6.7M | 20x | |
| Bitget ARMUSDT | 0.0000% | 8h | 327.20 | +0.104% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 326.73 | −0.038% | $212K | $301K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 326.82 | −0.012% | $409 | $202K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.07 | +0.064% | $1K | $2.7M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 327.15 | +0.089% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 326.43 | −0.132% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 327.15 | +0.089% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.12 | +0.080% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.25 | +0.119% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 327.30 | +0.135% | $8.3M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.30 | +0.135% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.15 | +0.089% | $197K | $417K | 10x | as long as short |
| Gate ARM_USDT | +0.0065% | 8h | 327.41 | +0.168% | $1.5M | $4.3M | 50x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 327.01 | +0.046% | $97K | $305K | 10x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 326.85 | −0.003% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.01 | +0.964% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0322% | 8h | 327.21 | +0.107% | $2.3M | $119K | 20x | as long as short |
| edgeX ARMUSDC | +0.0775% | 4h | 326.85 | −0.003% | $35K | $348K | 10x | as long as short |
BloFin ARM-USDT
OKX ARM-USDT-SWAP
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Lighter ARM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
edgeX ARMUSDC