Funding you earn now, next payment 00:00 UTC+0.0152%/8h= +16.6% APRnext payment +$1.52 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against OKX−0.076%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 2 days (all we have)+0.109%+$11 · spread now −0.076%, 7d avg +0.027%
=Funding pays, the price is against you. Binance is 0.102% cheaper against OKX than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of +0.027%). If the spread goes back, that is −$10 on $10k: about 2.3 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.027% in total) that is about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARM-USDT-SWAP | 326.04 | 0 | get 0.0000% / 8h | 41m 33s | $1.7M | $6.8M | 20x |
| Short | Binance ARMUSDT | 325.79 | 0.0152 | get 0.0152% / 8h | 41m 33s | $8.6M | $51.0M | 20x |
OKX ARM-USDT-SWAP
Binance ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $31.84
- Price spread: −0.076% → +0.027%
- −$10.24
- Slippage, 4 orders
- −$25.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$23.79
- Costs to cover
- 0.454%
- Break-even
- 12.2 days
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 16 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 OKX live order book, 1 min ago | 2.76 bp | 12.7 bp −$13 | 54.1 bp −$541 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.77 bp | 7.9 bp −$8 | 27.9 bp −$279 | 94.9 bp −$9,487 | 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-USDT | −0.0025% | 8h | 325.60 | −0.135% | $123K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.33 | −0.219% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.77 | −0.083% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAPlong | 0.0000% | 8h | 326.04 | long leg | $1.7M | $6.8M | 20x | |
| Bitget ARMUSDT | 0.0000% | 8h | 325.77 | −0.083% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.37 | −0.205% | $931 | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.57 | −0.144% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.276% | $88K | $287K | 10x | as long as short |
| Variational Omni ARM | +0.0022% | 8h | 325.49 | −0.167% | $213K | $523K | — | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0026% | 1h | 325.69 | −0.107% | $12K | $145K | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
Bitget ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
Variational Omni ARM
Deribit ARM_USDC-PERPETUALShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 325.42 | −0.190% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0033% | 1h | 325.87 | −0.052% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 326.03 | −0.003% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.81 | −0.071% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.67 | −0.113% | $460K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 325.67 | −0.113% | $208K | $554K | 10x | as long as short |
| Gate ARM_USDT | +0.0054% | 8h | 325.96 | −0.025% | $1.5M | $4.1M | 50x | as long as short |
| Extended ARM-USD | +0.0144% | 1h | 325.70 | −0.105% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDTshort | +0.0152% | 8h | 325.79 | −0.076% | $8.6M | $51.0M | 20x | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 328.17 | +0.653% | $5K | $52K | 12x | as long as short |
| GRVT ARM_USDT_Perp | +0.0224% | 8h | 325.76 | −0.086% | $531 | $201K | 10x | as long as short |
| Phoenix ARM | +0.0271% | 1h | 325.51 | −0.163% | $5K | $460K | 10x | as long as short |
| edgeX ARMUSDC | +0.0447% | 4h | 325.42 | −0.189% | $35K | $351K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0504% | 8h | 325.97 | −0.021% | $2.3M | $119K | 20x | as long as short |
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
Extended ARM-USD
Injective ARM/USDC PERP
GRVT ARM_USDT_Perp
Phoenix ARM
edgeX ARMUSDC
KuCoin ARMUSDTM