Funding you earn now, next payment 00:00 UTC−0.0421%/8h= −46.1% APRpaid last 24h −0.016%
Price spread now: Bybit against edgeX−0.059%81s7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$620.624% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 3 days (all we have)+0.084%+$8 · spread now −0.059%, 7d avg +0.015%
=Together, before fees−0.004%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bybit is 0.074% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.015%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.088% in total (about -4.6% 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 | edgeX ARMUSDC | 322.99 | 0.0421 | pay 0.0210% / 4h | 2h 28m | $34K | $348K | 10x |
| Short | Bybit ARMUSDT | 322.80 | 0 | get 0.0000% / 8h | 2h 28m | $2.0M | $2.6M | 25x |
edgeX ARMUSDC
Bybit ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$88.33
- Price spread: −0.059% → +0.015%
- −$7.43
- Slippage, 4 orders
- −$42.43
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$158.19
- Costs to cover
- 0.624%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 60 min ago; Bybit: 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, 60 min ago | 6.05 bp | 11.2 bp −$11 | 93.6 bp −$936 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.94 bp | 17.1 bp −$17 | 136.7 bp −$1,367 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 322.54 | −0.140% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.96 | −0.010% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 323.01 | +0.007% | $8.5M | $51.0M | 20x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 322.80 | −0.059% | $2.0M | $2.6M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.84 | −0.047% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 323.06 | +0.021% | $1.5M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 322.93 | −0.019% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.89 | −0.031% | $276K | $460K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.89 | −0.030% | $342 | $215K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.67 | −0.099% | $1K | $3.2M | 10x | as long as short |
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 323.35 | +0.111% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0006% | 8h | 322.82 | −0.053% | $122K | $43K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0024% | 1h | 322.84 | −0.047% | $91K | $278K | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.65 | −0.105% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0035% | 1h | 322.96 | −0.009% | $1.1M | $4.6M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.92 | −0.022% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.88 | −0.034% | $377K | $1.4M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.86 | −0.040% | $210K | $549K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0065% | 1h | 322.85 | −0.044% | $7.6M | $9.8M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 323.24 | +0.077% | $2.3M | $117K | 20x | as long as short |
| Phoenix ARM | +0.0149% | 1h | 322.76 | −0.071% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 325.90 | +0.901% | $5K | $52K | 12x | as long as short |
| edgeX ARMUSDClong | +0.0421% | 4h | 322.99 | long leg | $34K | $348K | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0618% | 1h | 322.99 | 0.000% | $12K | $144K | 10x | as long as short |
HTX ARM-USDT
BloFin ARM-USDT
Coinbase International ARM-PERP-INTX
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL