Funding you earn now, next payment 12:00 UTC−0.0408%/8h= −44.7% APRnext payment −$0.51 per $10,000 · paid last 24h —
Price spread now: Lighter against Deribit−0.050%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$12 a day on $10k at the current rate, and Lighter is 0.050% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARM_USDC-PERPETUAL | 319.00 | 0.0440 | pay 0.0055% / 1h | 8m 38s | $12K | $51K | 10x |
| Short | Lighter ARM | 318.84 | 0.0032 | get 0.0004% / 1h | 8m 38s | — | — | 10x |
Deribit ARM_USDC-PERPETUAL
Lighter ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$85.71
- Price spread: −0.050% → 0.000%
- −$5.02
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$97.72
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Deribit and 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 exchanges
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 | −0.0479% | 4h | 319.31 | +0.098% | $34K | $365K | 10x | as long as short |
| BloFin ARM-USDT | −0.0002% | 8h | 318.80 | −0.063% | $126K | $58K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.21 | +0.065% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 318.81 | −0.060% | $33K | $329K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 319.12 | +0.037% | $8.1M | $50.8M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.12 | +0.038% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 318.71 | −0.091% | $1.6M | $6.1M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 319.05 | +0.016% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 318.94 | −0.019% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.15 | +0.048% | $185K | $219K | — | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARMShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 319.26 | +0.082% | $734 | $266K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 319.26 | +0.082% | $913 | $1.9M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 318.78 | −0.069% | $18K | $9K | 20x | as long as short |
| QFEX ARM-USD | +0.0027% | 1h | 318.86 | −0.044% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 318.84 | −0.050% | — | — | 10x | |
| Injective ARM/USDC PERP | +0.0033% | 1h | 322.26 | +1.022% | $3K | $60K | 12x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 319.09 | +0.028% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 318.93 | −0.022% | $8.2M | $8.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 318.98 | −0.006% | $373K | $1.4M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 318.94 | −0.019% | $180K | $438K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0056% | 1h | 318.84 | −0.050% | $97K | $267K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0120% | 8h | 319.10 | +0.031% | $2.3M | $373K | 20x | as long as short |
| Phoenix ARM | +0.0149% | 1h | 319.13 | +0.041% | $8K | $424K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALlong | +0.0440% | 1h | 319.00 | long leg | $12K | $51K | 10x |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Injective ARM/USDC PERP
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Phoenix ARM