Funding you earn now, next payment 04:00 UTC+0.0532%/8h= +58.2% APRpaid last 24h −0.054%
Price spread now: OKX against edgeX−0.023%51s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as 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−$330.334% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.023%, 7d avg −0.002%
=Together, before fees+0.109%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.020% cheaper against edgeX than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of −0.002%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour. The two prices were read 51 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 -0.054% in total (about -2.8% 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 | 328.38 | −0.0532 | get 0.0266% / 4h | 2h 42m | $35K | $346K | 10x |
| Short | OKX ARM-USDT-SWAP | 328.31 | 0 | get 0.0000% / 8h | 6h 42m | $1.7M | $6.6M | 20x |
edgeX ARMUSDC
OKX ARM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $111.62
- Price spread: −0.023% → −0.002%
- −$2.03
- Slippage, 4 orders
- −$14.36
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $76.23
- Costs to cover
- 0.334%
- Break-even
- 2.2 days
Slippage from edgeX: live order book, 26 min ago; OKX: live order book, 5 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, 26 min ago | 1.36 bp | 6.4 bp −$6 | 91.5 bp −$915 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.22 bp | 8.9 bp −$9 | 39.9 bp −$399 | 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 ARMUSDClong | −0.0532% | 4h | 328.38 | long leg | $35K | $346K | 10x | |
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.25 | −0.041% | $98K | $292K | 10x | as long as short |
| BloFin ARM-USDT | −0.0010% | 8h | 329.28 | +0.273% | $128K | $46K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.76 | +0.114% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.42 | +0.011% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAPshort | 0.0000% | 8h | 328.31 | −0.023% | $1.7M | $6.6M | 20x | |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.57 | +0.056% | $651 | $186K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.72 | +0.102% | $1K | $2.9M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 328.66 | +0.084% | $12K | $125K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.36 | −0.007% | $18K | $16K | 20x | as long as short |
Coinbase International ARM-PERP-INTX
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0015% | 1h | 328.70 | +0.096% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.14 | −0.074% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 329.04 | +0.200% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 328.46 | +0.023% | $8.3M | $8.9M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.61 | +0.069% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.29 | −0.029% | $202K | $534K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.86 | +0.145% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0186% | 8h | 328.60 | +0.065% | $213K | $438K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 333.76 | +1.637% | $5K | $50K | 12x | as long as short |
| Gate ARM_USDT | +0.0287% | 8h | 328.95 | +0.172% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0309% | 8h | 328.32 | −0.018% | $8.7M | $50.5M | 20x | as long as short |
| Extended ARM-USD | +0.0312% | 1h | 328.64 | +0.078% | $36K | $278K | 10x | as long as short |
| Bitget ARMUSDT | +0.0731% | 8h | 328.60 | +0.066% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0822% | 8h | 328.97 | +0.178% | $2.4M | $121K | 20x | as long as short |
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
Bitget ARMUSDT
KuCoin ARMUSDTM