Funding you earn now, next payment 00:00 UTC−0.0619%/8h= −67.8% APRpaid last 24h −0.010%
Price spread now: Coinbase International against edgeX−0.024%77s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as 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−$340.341% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 3 days (all we have)−0.103%−$10 · spread now −0.024%, 7d avg −0.031%
=Together, before fees+0.060%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.163%, so the current rate has only just turned against you. The two prices were read 77 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 0.163% in total (about 8.5% 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 | edgeX ARMUSDC | 330.18 | 0.0667 | pay 0.0333% / 4h | 3h 06m | $35K | $344K | 10x |
| Short | Coinbase International ARM-PERP-INTX | 330.10 | 0.0048 | get 0.0006% / 1h | 6m 10s | $91K | $284K | 10x |
edgeX ARMUSDC
Coinbase International ARM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$129.97
- Price spread: −0.024% → −0.031%
- $0.72
- Slippage, 4 orders
- −$15.07
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$163.33
- Costs to cover
- 0.341%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago | 1.36 bp | 6.4 bp −$6 | 91.5 bp −$915 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 5.00 bp | 11.3 bp −$11 | 16.4 bp −$164 | 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 | 329.72 | −0.137% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 330.12 | −0.018% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 330.09 | −0.027% | $1.7M | $6.7M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 329.65 | −0.160% | $1K | $2.9M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 330.51 | +0.100% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0002% | 8h | 330.08 | −0.030% | $127K | $46K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 329.85 | −0.099% | $1.1M | $4.6M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 329.70 | −0.145% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 330.12 | −0.018% | — | — | 10x | as long as short |
| Coinbase International ARM-PERP-INTXshort | +0.0048% | 1h | 330.10 | −0.024% | $91K | $284K | 10x |
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 329.80 | −0.115% | $204K | $524K | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0058% | 1h | 329.86 | −0.096% | $382K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0100% | 1h | 329.80 | −0.115% | $8.4M | $8.9M | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0161% | 8h | 330.18 | +0.001% | $479 | $188K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 330.30 | +0.037% | $5K | $460K | 10x | as long as short |
| Variational Omni ARM | +0.0205% | 8h | 330.08 | −0.030% | $214K | $526K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 333.61 | +1.039% | $5K | $50K | 12x | as long as short |
| Gate ARM_USDT | +0.0333% | 8h | 330.33 | +0.046% | $1.5M | $4.1M | 50x | as long as short |
| Extended ARM-USD | +0.0352% | 1h | 329.93 | −0.074% | $38K | $273K | 10x | as long as short |
| Binance ARMUSDT | +0.0352% | 8h | 329.98 | −0.060% | $8.9M | $50.4M | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0387% | 1h | 329.95 | −0.069% | $12K | $125K | 10x | as long as short |
| edgeX ARMUSDClong | +0.0667% | 4h | 330.18 | long leg | $35K | $344K | 10x | |
| KuCoin ARMUSDTM | +0.0824% | 8h | 330.40 | +0.067% | $2.4M | $116K | 20x | as long as short |
| Bitget ARMUSDT | +0.0881% | 8h | 330.04 | −0.042% | $1.8M | $3.9M | 20x | as long as short |
Ondo Perps ARM-USD.P
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
GRVT ARM_USDT_Perp
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Gate ARM_USDT
Extended ARM-USD
Binance ARMUSDT
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM
Bitget ARMUSDT