Funding you earn now, next payment 08:00 UTC−0.0828%/8h= −90.7% APRnext payment −$8.28 per $10,000 · paid last 24h −0.049%
Price spread now: Bitget against KuCoin−0.022%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$363as in the Funding arb table
Net, price: spread back to 7d avg − costs−$361as in the Price arb table
costs, in and out, $10k−$3583.575% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now −0.022%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Bitget is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.28 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 | KuCoin ARMUSDTM | 321.16 | 0.0100 | pay 0.0100% / 8h | 56m 04s | $2.3M | $119K | 20x |
| Short | Bitget ARMUSDT | 321.09 | −0.0728 | pay 0.0728% / 8h | 56m 04s | $1.7M | $4.1M | 20x |
KuCoin ARMUSDTM
Bitget ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$173.88
- Price spread: −0.022% → +0.011%
- −$3.32
- Slippage, 4 orders
- −$333.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$534.71
- Costs to cover
- 3.575%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Bitget: live order book, 2 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 KuCoin live order book, 10 min ago | 5.60 bp | 152.3 bp −$152 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.96 bp | 11.6 bp −$12 | 30.0 bp −$300 | 73.3 bp −$7,334 | 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 ARMUSDTshort | −0.0728% | 8h | 321.09 | −0.022% | $1.7M | $4.1M | 20x | |
| edgeX ARMUSDC | −0.0601% | 4h | 321.09 | −0.022% | $34K | $352K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.86 | −0.094% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.87 | −0.091% | $35K | $308K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.02 | −0.044% | $8.3M | $50.6M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.05 | −0.034% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.06 | −0.031% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.01 | −0.047% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.26 | +0.032% | $185K | $277K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.57 | +0.127% | $441 | $231K | 10x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit 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 | 320.92 | −0.075% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.87 | −0.090% | $18K | $15K | 20x | as long as short |
| BloFin ARM-USDT | +0.0005% | 8h | 320.93 | −0.072% | $121K | $51K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 320.74 | −0.131% | $1.1M | $3.5M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0030% | 1h | 321.04 | −0.037% | $12K | $59K | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.87 | −0.090% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.06 | −0.031% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.88 | −0.087% | $371K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.87 | −0.090% | $183K | $438K | 10x | as long as short |
| KuCoin ARMUSDTMlong | +0.0100% | 8h | 321.16 | long leg | $2.3M | $119K | 20x | |
| tradeXYZ xyz:ARM | +0.0134% | 1h | 320.98 | −0.056% | $8.2M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 321.18 | +0.006% | $97K | $291K | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 321.26 | +0.031% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.38 | +1.003% | $5K | $49K | 12x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Deribit ARM_USDC-PERPETUAL
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP