Funding you earn now, next payment 08:00 UTC−0.0126%/8h= −13.8% APRnext payment −$1.26 per $10,000 · paid last 24h −0.099%
Price spread now: BloFin against KuCoin−0.124%50s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$401as 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−$3743.744% of the position
Funding, last 7 days−0.270%−$27 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.124%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.104% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 50 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 | KuCoin ARMUSDTM | 321.29 | 0.0110 | pay 0.0110% / 8h | 3h 04m | $2.3M | $119K | 20x |
| Short | BloFin ARM-USDT | 320.89 | −0.0016 | pay 0.0016% / 8h | 3h 04m | $122K | $50K | 20x |
KuCoin ARMUSDTM
BloFin ARM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$26.37
- Price spread: −0.124% → −0.020%
- −$10.4
- Slippage, 4 orders
- −$350.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$411.21
- Costs to cover
- 3.744%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; BloFin: live order book, 14 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, 7 min ago | 5.76 bp | 164.0 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 0.78 bp | 6.8 bp −$7 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0460% | 8h | 321.32 | +0.009% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDTshort | −0.0016% | 8h | 320.89 | −0.124% | $122K | $50K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 321.45 | +0.050% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.10 | −0.059% | $35K | $257K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.36 | +0.022% | $8.3M | $50.8M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.28 | −0.003% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.30 | +0.003% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.46 | +0.053% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.45 | +0.051% | $191K | $301K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.21 | −0.025% | $723 | $215K | 10x | as long as short |
Bitget ARMUSDT
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 | 321.00 | −0.090% | $1K | $2.6M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.23 | −0.019% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 321.19 | −0.031% | $1.1M | $3.6M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.74 | −0.171% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.31 | +0.006% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.32 | +0.009% | $372K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.56 | +0.084% | $187K | $426K | 10x | as long as short |
| KuCoin ARMUSDTMlong | +0.0110% | 8h | 321.29 | long leg | $2.3M | $119K | 20x | |
| Phoenix ARM | +0.0123% | 1h | 321.03 | −0.081% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 322.33 | +0.324% | $100K | $314K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0136% | 1h | 321.49 | +0.062% | $8.0M | $8.6M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.93 | +1.133% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0748% | 1h | 321.06 | −0.072% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDC | +0.0911% | 4h | 320.93 | −0.111% | $34K | $349K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC