Funding you earn now, next payment 05:00 UTC−0.0650%/8h= −71.1% APRpaid last 24h −0.129%
Price spread now: edgeX against Deribit−0.072%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 4 days (all we have)−0.217%−$22 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.072%, 7d avg −0.007%
=Together, before fees−0.018%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and edgeX is 0.065% cheaper against Deribit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.217% in total (about -20.5% 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 | Deribit ARM_USDC-PERPETUAL | 323.18 | 0 | get 0.0000% / 1h | 29m 08s | $12K | $59K | 10x |
| Short | edgeX ARMUSDC | 322.95 | −0.0650 | pay 0.0325% / 4h | 3h 29m | $34K | $351K | 10x |
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Deribit. 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
- −$136.43
- Price spread: −0.072% → −0.007%
- −$6.49
- Slippage, 4 orders
- −$24.44
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$183.36
- Costs to cover
- 0.404%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 89 min ago; edgeX: live order book, 24 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 Deribit live order book, 89 min ago | 0.15 bp | 11.8 bp −$12 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 24 min ago | 2.00 bp | 7.1 bp −$7 | 87.5 bp −$875 | 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 ARMUSDCshort | −0.0650% | 4h | 322.95 | −0.072% | $34K | $351K | 10x | |
| Bitget ARMUSDT | −0.0033% | 8h | 323.24 | +0.019% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDT | −0.0003% | 8h | 323.15 | −0.009% | $123K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 323.22 | +0.014% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.11 | −0.021% | $40K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 323.36 | +0.055% | $8.3M | $50.7M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 323.25 | +0.022% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.14 | −0.012% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 323.46 | +0.087% | $1.5M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 323.02 | −0.050% | $208K | $291K | — | as long as short |
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 | 322.89 | −0.091% | $268 | $212K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 323.37 | +0.059% | $1K | $2.6M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALlong | 0.0000% | 1h | 323.18 | long leg | $12K | $59K | 10x | |
| HTX ARM-USDT | 0.0000% | 8h | 323.47 | +0.090% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 323.33 | +0.046% | $1.1M | $3.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 323.12 | −0.019% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.43 | +0.077% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.20 | +0.006% | $374K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.25 | +0.022% | $190K | $416K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0088% | 1h | 323.29 | +0.034% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 323.47 | +0.090% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 322.22 | −0.297% | $96K | $306K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0178% | 8h | 323.26 | +0.025% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 327.18 | +1.238% | $5K | $50K | 12x | 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
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Injective ARM/USDC PERP