Funding you earn now, next payment 00:00 UTC−0.0725%/8h= −79.4% APRpaid last 24h +0.077%
Price spread now: edgeX against Aster+0.153%100s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as 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−$1441.439% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 3 days (all we have)−0.188%−$19 · spread now +0.153%, 7d avg +0.042%
=Together, before fees−0.033%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.111% dearer against Aster than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of +0.042%): +$11 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.155%, so the current rate has only just turned against you. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.155% in total (about 8.1% a year). A funding rate is set anew for every payment. 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 | Aster ARMUSDT | 325.29 | 0 | get 0.0000% / 8h | 7h 59m | $7K | $126K | 20x |
| Short | edgeX ARMUSDC | 325.79 | −0.0725 | pay 0.0363% / 4h | 3h 59m | $35K | $352K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Aster. 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
- −$152.32
- Price spread: +0.153% → +0.042%
- $11.05
- Slippage, 4 orders
- −$126.93
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$285.2
- Costs to cover
- 1.439%
- Break-even
- never at this rate
Slippage from Aster: live order book, 11 min ago; edgeX: live order book, 13 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 Aster live order book, 11 min ago | 53.04 bp | 63.5 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 13 min ago | 1.38 bp | 6.4 bp −$6 | 80.9 bp −$809 | 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 ARMUSDCshort | −0.0725% | 4h | 325.79 | +0.153% | $35K | $352K | 10x | |
| BloFin ARM-USDT | −0.0027% | 8h | 325.80 | +0.157% | $124K | $45K | 20x | as long as short |
| Aster ARMUSDTlong | 0.0000% | 8h | 325.29 | long leg | $7K | $126K | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 325.61 | +0.098% | $2.0M | $2.4M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.38 | +0.027% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.55 | +0.080% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.17 | −0.037% | $1K | $3.1M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 325.49 | +0.061% | $12K | $128K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 326.03 | +0.227% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.94 | +0.200% | $89K | $286K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 325.40 | +0.034% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0033% | 1h | 325.51 | +0.067% | $1.1M | $4.8M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.64 | +0.107% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.56 | +0.083% | $381K | $2.1M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 325.72 | +0.132% | $208K | $551K | 10x | as long as short |
| Gate ARM_USDT | +0.0077% | 8h | 325.59 | +0.092% | $1.5M | $4.2M | 50x | as long as short |
| tradeXYZ xyz:ARM | +0.0122% | 1h | 325.55 | +0.080% | $8.0M | $9.6M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.15 | +1.494% | $5K | $52K | 12x | as long as short |
| Variational Omni ARM | +0.0233% | 8h | 325.64 | +0.106% | $213K | $523K | — | as long as short |
| Phoenix ARM | +0.0271% | 1h | 325.87 | +0.178% | $5K | $460K | 10x | as long as short |
| Extended ARM-USD | +0.0352% | 1h | 325.38 | +0.026% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | +0.0356% | 8h | 325.39 | +0.031% | $8.6M | $50.9M | 20x | as long as short |
| GRVT ARM_USDT_Perp | +0.0373% | 8h | 325.92 | +0.193% | $577 | $199K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0718% | 8h | 325.83 | +0.166% | $2.3M | $119K | 20x | as long as short |
Aster ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
Lighter ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Variational Omni ARM
Phoenix ARM
Extended ARM-USD
Binance ARMUSDT
GRVT ARM_USDT_Perp
KuCoin ARMUSDTM