Funding you earn now, next payment 03:00 UTC+0.0079%/8h= +8.6% APRpaid last 24h +0.068%
Price spread now: tradeXYZ against BloFin+0.155%88s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as 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−$420.418% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)+0.273%+$27 · spread now +0.155%, 7d avg +0.006%
=Together, before fees+0.469%+ Points / potential airdroptradeXYZ: Active · farm board+$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.149% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.006%. The two prices were read 88 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 | 328.26 | 0.0004 | pay 0.0004% / 8h | 5h 21m | $128K | $48K | 20x |
| Short | tradeXYZ xyz:ARM | 328.77 | 0.0083 | get 0.0010% / 1h | 21m 30s | $8.3M | $8.7M | 10x |
BloFin ARM-USDT
tradeXYZ xyz:ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $16.53
- Price spread: +0.155% → +0.006%
- $14.89
- Slippage, 4 orders
- −$11.75
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$10.33
- Costs to cover
- 0.418%
- Break-even
- 11.4 days
Slippage from BloFin: live order book, 15 min ago; tradeXYZ: live order book, 6 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, 15 min ago | 0.61 bp | 10.8 bp −$11 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.91 bp | 10.6 bp −$11 | 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 | −0.0888% | 4h | 328.18 | −0.023% | $35K | $346K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 328.28 | +0.006% | $101K | $292K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.66 | +0.121% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.83 | +0.174% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.85 | +0.180% | $1.7M | $6.7M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.40 | +0.041% | $581 | $189K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.21 | −0.015% | $650 | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.02 | −0.073% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDTlong | +0.0004% | 8h | 328.26 | long leg | $128K | $48K | 20x | |
| QFEX ARM-USD | +0.0011% | 1h | 328.70 | +0.134% | $1.1M | $4.2M | 10x | as long as short |
edgeX ARMUSDC
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-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARM | +0.0018% | 8h | 328.40 | +0.043% | $213K | $319K | — | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.17 | −0.027% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.68 | +0.128% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.81 | +0.168% | $381K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.20 | −0.018% | $202K | $405K | 10x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0083% | 1h | 328.77 | +0.155% | $8.3M | $8.7M | 10x | |
| Extended ARM-USD | +0.0112% | 1h | 328.86 | +0.182% | $36K | $272K | 10x | as long as short |
| Binance ARMUSDT | +0.0113% | 8h | 328.94 | +0.209% | $8.6M | $50.0M | 20x | as long as short |
| Gate ARM_USDT | +0.0114% | 8h | 329.01 | +0.228% | $1.4M | $4.3M | 50x | as long as short |
| Phoenix ARM | +0.0122% | 1h | 328.23 | −0.009% | $5K | $434K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.09 | +1.167% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0274% | 8h | 328.93 | +0.204% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0618% | 8h | 328.65 | +0.119% | $2.4M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0725% | 1h | 328.52 | +0.079% | $12K | $125K | 10x | as long as short |
Variational Omni ARM
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Extended ARM-USD
Binance ARMUSDT
Gate ARM_USDT
Phoenix ARM
Injective ARM/USDC PERP
Bitget ARMUSDT
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL