Funding you earn now, next payment 12:00 UTC−0.0376%/8h= −41.2% APRpaid last 24h +0.014%
Price spread now: Bitget against edgeX−0.113%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)+0.162%+$16 · spread now −0.113%, 7d avg +0.020%
=Together, before fees+0.326%+ Points / potential airdropedgeX: Active · farm board+$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.133% cheaper against edgeX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.020%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.164%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.164% in total (about 8.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARMUSDC | 322.80 | 0.0376 | pay 0.0188% / 4h | 1h 57m | $35K | $363K | 10x |
| Short | Bitget ARMUSDT | 322.44 | 0 | get 0.0000% / 8h | 5h 57m | $1.7M | $4.2M | 20x |
edgeX ARMUSDC
Bitget ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- −$78.96
- Price spread: −0.113% → +0.020%
- −$13.29
- Slippage, 4 orders
- −$36.12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$149.37
- Costs to cover
- 0.571%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 54 min ago; Bitget: live order book, 4 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 edgeX live order book, 54 min ago | 7.82 bp | 12.9 bp −$13 | 90.0 bp −$900 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.57 bp | 19.4 bp −$19 | 41.0 bp −$410 | 114.1 bp −$11.4K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 322.41 | −0.120% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.64 | −0.051% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.42 | −0.119% | $1.7M | $6.2M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.51 | −0.091% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDTshort | 0.0000% | 8h | 322.44 | −0.113% | $1.7M | $4.2M | 20x | |
| Variational Omni ARM | 0.0000% | 8h | 322.65 | −0.046% | $187K | $219K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.61 | −0.060% | $1K | $2.1M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 322.07 | −0.227% | $18K | $12K | 20x | as long as short |
| Binance ARMUSDT | +0.0005% | 8h | 322.47 | −0.103% | $8.3M | $50.4M | 20x | as long as short |
| Extended ARM-USD | +0.0008% | 1h | 322.39 | −0.127% | $33K | $318K | 10x | as long as short |
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
Binance ARMUSDT
Extended ARM-USDShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | +0.0018% | 8h | 322.64 | −0.051% | $124K | $55K | 20x | as long as short |
| QFEX ARM-USD | +0.0019% | 1h | 322.46 | −0.106% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.32 | −0.150% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.59 | −0.066% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.43 | −0.116% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.92 | +0.036% | $184K | $441K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0090% | 1h | 322.50 | −0.094% | $8.3M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0096% | 1h | 321.45 | −0.419% | $99K | $272K | 10x | as long as short |
| Phoenix ARM | +0.0175% | 1h | 322.60 | −0.063% | $8K | $424K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0207% | 1h | 322.26 | −0.168% | $3K | $60K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0209% | 8h | 322.51 | −0.091% | $2.3M | $262K | 20x | as long as short |
| edgeX ARMUSDClong | +0.0376% | 4h | 322.80 | long leg | $35K | $363K | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0464% | 1h | 322.57 | −0.072% | $12K | $56K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.1027% | 8h | 322.81 | +0.003% | $875 | $252K | 10x | as long as short |
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL
GRVT ARM_USDT_Perp