Funding you earn now, next payment 23:00 UTC+0.0181%/8h= +19.9% APRpaid last 24h +0.069%
Price spread now: Deribit against Bybit+0.003%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$560.565% of the position
Funding, last 4 days (all we have)+0.111%+$11 on $10k
+Price spread, last 3 days (all we have)−0.077%−$8 · spread now +0.003%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARMUSDT | 324.88 | 0 | get 0.0000% / 8h | 1h 27m | $2.0M | $2.6M | 25x |
| Short | Deribit ARM_USDC-PERPETUAL | 324.89 | 0.0181 | get 0.0023% / 1h | 27m 55s | $12K | $145K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bybit. 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
- $38.07
- Price spread: +0.003% → −0.005%
- $0.81
- Slippage, 4 orders
- −$38.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$17.58
- Costs to cover
- 0.565%
- Break-even
- 10.2 days
Slippage from Bybit: live order book, 4 min ago; Deribit: live order book, 55 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 Bybit live order book, 4 min ago | 3.39 bp | 12.9 bp −$13 | 60.5 bp −$605 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 55 min ago | 0.16 bp | 14.7 bp −$15 | 17.8 bp −$178 | 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 ARMUSDC | −0.0098% | 4h | 324.14 | −0.227% | $34K | $349K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 324.47 | −0.125% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 324.88 | long leg | $2.0M | $2.6M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 324.57 | −0.095% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.68 | −0.062% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.01 | −0.266% | $276K | $459K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.01 | −0.268% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 324.15 | −0.225% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0010% | 8h | 324.41 | −0.145% | $123K | $44K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 324.71 | −0.052% | — | — | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0043% | 1h | 324.61 | −0.083% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.68 | −0.062% | — | — | 10x | as long as short |
| Extended ARM-USD | +0.0048% | 1h | 324.64 | −0.074% | $39K | $188K | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 324.56 | −0.098% | $366K | $1.5M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.74 | −0.351% | $214K | $554K | 10x | as long as short |
| Binance ARMUSDT | +0.0051% | 8h | 324.70 | −0.055% | $8.6M | $51.1M | 20x | as long as short |
| Gate ARM_USDT | +0.0064% | 8h | 324.84 | −0.012% | $1.5M | $4.1M | 50x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 323.28 | −0.492% | $83K | $289K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0167% | 8h | 324.09 | −0.244% | $752 | $210K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALshort | +0.0181% | 1h | 324.89 | +0.003% | $12K | $145K | 10x | |
| Phoenix ARM | +0.0198% | 1h | 323.91 | −0.299% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 326.88 | +0.616% | $5K | $52K | 12x | as long as short |
| tradeXYZ xyz:ARM | +0.0266% | 1h | 324.77 | −0.034% | $7.8M | $10.0M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0334% | 8h | 324.45 | −0.132% | $2.3M | $117K | 20x | as long as short |
Bybit ARMUSDT
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC
Aster ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
Extended ARM-USD
Polymarket Perps ARM-USD
Binance ARMUSDT
Gate ARM_USDT
Coinbase International ARM-PERP-INTX
GRVT ARM_USDT_Perp
Phoenix ARM
Injective ARM/USDC PERP
tradeXYZ xyz:ARM
KuCoin ARMUSDTM