Funding you earn now, next payment 08:00 UTC+0.0833%/8h= +91.2% APRpaid last 24h +0.021%
Price spread now: Injective against Bitget+0.783%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Injective is 0.783% dearer against Bitget than usual: you sell high and buy low: +$78 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.098% in total (about 5.1% 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 | Bitget ARMUSDT | 321.86 | −0.0613 | get 0.0613% / 8h | 43m 06s | $1.7M | $4.0M | 20x |
| Short | Injective ARM/USDC PERP | 324.38 | 0.0220 | get 0.0028% / 1h | 43m 06s | $5K | $49K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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
- $174.93
- Price spread: +0.783% → 0.000%
- $78.29
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $241.2
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 4.19 bp | 10.7 bp −$11 | 11.3 bp −$113 | 48.2 bp −$4,819 | 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 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 ARMUSDTlong | −0.0613% | 8h | 321.86 | long leg | $1.7M | $4.0M | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 322.09 | +0.072% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.16 | +0.094% | $35K | $314K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.20 | +0.106% | $8.3M | $50.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.29 | +0.134% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.07 | +0.065% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.34 | +0.149% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.97 | +0.035% | $185K | $252K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.72 | −0.045% | $743 | $233K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.82 | −0.012% | $998 | $2.4M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 321.93 | +0.022% | $18K | $15K | 20x | as long as short |
| BloFin ARM-USDT | +0.0015% | 8h | 322.24 | +0.118% | $122K | $52K | 20x | as long as short |
| edgeX ARMUSDC | +0.0022% | 4h | 321.87 | +0.004% | $34K | $354K | 10x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.98 | +0.037% | $1.2M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.99 | +0.040% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.20 | +0.106% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.11 | +0.078% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.00 | +0.043% | $186K | $438K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 322.08 | +0.068% | $2.3M | $116K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 321.18 | −0.211% | $97K | $290K | 10x | as long as short |
| Injective ARM/USDC PERPshort | +0.0220% | 1h | 324.38 | +0.783% | $5K | $49K | 12x | |
| tradeXYZ xyz:ARM | +0.0221% | 1h | 322.18 | +0.099% | $8.2M | $8.6M | 10x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 322.06 | +0.062% | $5K | $444K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0495% | 1h | 322.28 | +0.130% | $12K | $59K | 10x | as long as short |
Bitget ARMUSDT
Injective ARM/USDC PERP
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
edgeX ARMUSDC
Lighter ARM
Polymarket Perps ARM-USD
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
Phoenix ARM
Deribit ARM_USDC-PERPETUAL