Funding you earn now, next payment 12:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.026%
Price spread now: Injective against KuCoin+1.108%70s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 1.108% dearer against KuCoin than usual: you sell high and buy low (spread +1.108% now, against zero (this spread has no 7-day history yet)): +$111 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 55 days. Mind the row above: over the last 7 days funding on this pair paid +0.060%, so the current rate has only just turned against you. The two prices were read 70 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 | 318.73 | 0.0100 | pay 0.0100% / 8h | 4h 04m | $2.3M | $375K | 20x |
| Short | Injective ARM/USDC PERP | 322.26 | 0.0033 | get 0.0004% / 1h | 4m 00s | $3K | $60K | 12x |
KuCoin ARMUSDTM
Injective ARM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +1.108% → 0.000%
- $110.75
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $84.73
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 6 min ago; Injective: no order-book sample. Net counts fees only.
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, 6 min ago | 5.80 bp | 157.6 bp −$158 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ARM on 24 exchanges
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-USDT | −0.0021% | 8h | 318.65 | −0.025% | $126K | $58K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 318.91 | +0.058% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 318.77 | +0.014% | $33K | $329K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 318.82 | +0.027% | $8.1M | $50.8M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 318.92 | +0.060% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 318.98 | +0.078% | $1.6M | $6.2M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 318.86 | +0.041% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 319.07 | +0.107% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 318.92 | +0.059% | $185K | $219K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 318.97 | +0.075% | $734 | $266K | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 318.83 | +0.031% | $1K | $1.9M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 318.73 | 0.000% | $12K | $51K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 318.90 | +0.053% | $18K | $9K | 20x | as long as short |
| QFEX ARM-USD | +0.0027% | 1h | 318.55 | −0.056% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 318.72 | −0.003% | — | — | 10x | as long as short |
| Injective ARM/USDC PERPshort | +0.0033% | 1h | 322.26 | +1.108% | $3K | $60K | 12x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 318.79 | +0.019% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 318.68 | −0.016% | $8.2M | $8.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 318.55 | −0.056% | $373K | $1.4M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 318.48 | −0.078% | $180K | $438K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0056% | 1h | 318.82 | +0.028% | $97K | $267K | 10x | as long as short |
| KuCoin ARMUSDTMlong | +0.0100% | 8h | 318.73 | long leg | $2.3M | $375K | 20x | |
| Phoenix ARM | +0.0149% | 1h | 319.04 | +0.097% | $8K | $424K | 10x | as long as short |
| edgeX ARMUSDC | +0.0832% | 4h | 319.10 | +0.116% | $34K | $366K | 10x | as long as short |
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
Coinbase International ARM-PERP-INTX
Phoenix ARM
edgeX ARMUSDC