Funding you earn now, next payment 00:00 UTC+0.0447%/8h= +49.0% APRpaid last 24h +0.016%
Price spread now: edgeX against Bybit−0.118%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.118%, 7d avg −0.015%
=Together, before fees+0.185%+ Points / potential airdropedgeX: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.103% cheaper against Bybit than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of −0.015%). If the spread goes back, that is −$10 on $10k: about 18 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.088% in total) that is about 8.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.088% in total (about 4.6% 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 | Bybit ARMUSDT | 325.81 | 0 | get 0.0000% / 8h | 43m 11s | $2.0M | $2.5M | 25x |
| Short | edgeX ARMUSDC | 325.42 | 0.0447 | get 0.0224% / 4h | 43m 11s | $35K | $351K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $93.95
- Price spread: −0.118% → −0.015%
- −$10.3
- Slippage, 4 orders
- −$42.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $20.68
- Costs to cover
- 0.630%
- Break-even
- 5.5 days
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 35 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 | 0.92 bp | 15.9 bp −$16 | 83.0 bp −$830 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 2.16 bp | 7.2 bp −$7 | 93.5 bp −$935 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0025% | 8h | 325.60 | −0.064% | $123K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.35 | −0.140% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 325.81 | long leg | $2.0M | $2.5M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.87 | +0.018% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.73 | −0.025% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.06 | −0.230% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.57 | −0.074% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.206% | $88K | $287K | 10x | as long as short |
| Variational Omni ARM | +0.0022% | 8h | 325.49 | −0.097% | $213K | $523K | — | as long as short |
| Lighter ARM | +0.0032% | 1h | 325.63 | −0.055% | — | — | 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 | +0.0033% | 1h | 325.90 | +0.028% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.98 | +0.052% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.72 | −0.028% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.70 | −0.034% | $465K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.87 | −0.289% | $208K | $552K | 10x | as long as short |
| Gate ARM_USDT | +0.0055% | 8h | 325.98 | +0.052% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0143% | 8h | 325.77 | −0.012% | $8.6M | $51.0M | 20x | as long as short |
| Extended ARM-USD | +0.0144% | 1h | 325.73 | −0.023% | $39K | $188K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 328.17 | +0.724% | $5K | $52K | 12x | as long as short |
| GRVT ARM_USDT_Perp | +0.0222% | 8h | 325.44 | −0.113% | $635 | $203K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0241% | 1h | 325.80 | −0.003% | $12K | $145K | 10x | as long as short |
| Phoenix ARM | +0.0271% | 1h | 325.51 | −0.092% | $5K | $460K | 10x | as long as short |
| edgeX ARMUSDCshort | +0.0447% | 4h | 325.42 | −0.118% | $35K | $351K | 10x | |
| KuCoin ARMUSDTM | +0.0502% | 8h | 325.84 | +0.009% | $2.3M | $119K | 20x | as long as short |
Bybit ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
Variational Omni ARM
Lighter ARM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
Injective ARM/USDC PERP
GRVT ARM_USDT_Perp
Deribit ARM_USDC-PERPETUAL
Phoenix ARM
KuCoin ARMUSDTM