Funding you earn now, next payment 23:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h —
Price spread now: Lighter against Coinbase International+0.151%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—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Lighter is 0.151% dearer against Coinbase International than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARM-PERP-INTX | 325.14 | 0.0016 | pay 0.0002% / 1h | 43m 06s | $88K | $287K | 10x |
| Short | Lighter ARM | 325.63 | 0.0032 | get 0.0004% / 1h | 43m 06s | — | — | 10x |
Coinbase International ARM-PERP-INTX
Lighter ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- $3.36
- Price spread: +0.151% → 0.000%
- $15.07
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $8.43
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 35 min ago; Lighter: 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 Coinbase International live order book, 35 min ago | 7.41 bp | 13.2 bp −$13 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0025% | 8h | 325.60 | +0.141% | $123K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.35 | +0.066% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.81 | +0.206% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.87 | +0.225% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.73 | +0.181% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.06 | −0.025% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.57 | +0.132% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTXlong | +0.0016% | 1h | 325.14 | long leg | $88K | $287K | 10x | |
| Variational Omni ARM | +0.0022% | 8h | 325.49 | +0.109% | $213K | $523K | — | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 325.63 | +0.151% | — | — | 10x |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
Variational Omni ARMShow 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 | +0.234% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.98 | +0.258% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.72 | +0.178% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.70 | +0.172% | $465K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.87 | −0.083% | $208K | $552K | 10x | as long as short |
| Gate ARM_USDT | +0.0055% | 8h | 325.98 | +0.258% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0143% | 8h | 325.77 | +0.194% | $8.6M | $51.0M | 20x | as long as short |
| Extended ARM-USD | +0.0144% | 1h | 325.73 | +0.183% | $39K | $188K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 328.17 | +0.932% | $5K | $52K | 12x | as long as short |
| GRVT ARM_USDT_Perp | +0.0222% | 8h | 325.44 | +0.093% | $635 | $203K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0241% | 1h | 325.80 | +0.203% | $12K | $145K | 10x | as long as short |
| Phoenix ARM | +0.0271% | 1h | 325.51 | +0.114% | $5K | $460K | 10x | as long as short |
| edgeX ARMUSDC | +0.0447% | 4h | 325.42 | +0.088% | $35K | $351K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0502% | 8h | 325.84 | +0.215% | $2.3M | $119K | 20x | as long as short |
QFEX ARM-USD
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
Injective ARM/USDC PERP
GRVT ARM_USDT_Perp
Deribit ARM_USDC-PERPETUAL
Phoenix ARM
edgeX ARMUSDC
KuCoin ARMUSDTM