Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.035%
Price spread now: tradeXYZ against Coinbase International+0.071%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$480.478% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now +0.071%, 7d avg +0.013%
=Together, before fees+0.098%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.058% dearer against Coinbase International than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.013%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 20 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARM-PERP-INTX | 322.33 | 0.0128 | pay 0.0016% / 1h | 16m 45s | $100K | $314K | 10x |
| Short | tradeXYZ xyz:ARM | 322.56 | 0.0118 | get 0.0015% / 1h | 16m 45s | $8.1M | $8.7M | 10x |
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$2.04
- Price spread: +0.071% → +0.013%
- $5.8
- Slippage, 4 orders
- −$19.8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$44.04
- Costs to cover
- 0.478%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 36 min ago; tradeXYZ: live order book, 12 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 Coinbase International live order book, 36 min ago | 7.08 bp | 13.4 bp −$13 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.93 bp | 11.2 bp −$11 | 18.4 bp −$184 | 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 | −0.0361% | 4h | 322.47 | +0.042% | $34K | $350K | 10x | as long as short |
| Bitget ARMUSDT | −0.0272% | 8h | 322.80 | +0.146% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDT | −0.0022% | 8h | 321.53 | −0.248% | $123K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.34 | +0.003% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.12 | −0.065% | $37K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.65 | +0.098% | $8.3M | $50.7M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.78 | +0.140% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.58 | +0.078% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.48 | +0.047% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.57 | +0.076% | $208K | $289K | — | as long as short |
edgeX ARMUSDC
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.62 | +0.090% | $868 | $214K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.74 | −0.183% | $869 | $2.6M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.59 | −0.230% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 322.07 | −0.081% | $1.1M | $3.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.43 | +0.031% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.10 | −0.071% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.98 | −0.109% | $373K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.22 | −0.034% | $186K | $416K | 10x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0118% | 1h | 322.56 | +0.071% | $8.1M | $8.7M | 10x | |
| Phoenix ARM | +0.0123% | 1h | 321.76 | −0.177% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTXlong | +0.0128% | 1h | 322.33 | long leg | $100K | $314K | 10x | |
| KuCoin ARMUSDTM | +0.0137% | 8h | 322.42 | +0.028% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.93 | +0.807% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0838% | 1h | 322.15 | −0.056% | $12K | $59K | 10x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
KuCoin ARMUSDTM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL