Funding you earn now, next payment 09:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h +0.106%
Price spread now: tradeXYZ against edgeX+0.011%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$380.380% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.011%, 7d avg −0.015%
=Together, before fees+0.234%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.025% dearer against edgeX than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.015%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 7 days funding on this pair paid +0.196%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARMUSDC | 318.42 | 0.0223 | pay 0.0112% / 4h | 3h 37m | $35K | $359K | 10x |
| Short | tradeXYZ xyz:ARM | 318.45 | 0.0126 | get 0.0016% / 1h | 37m 14s | $8.1M | $8.6M | 10x |
edgeX ARMUSDC
tradeXYZ xyz:ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$20.48
- Price spread: +0.011% → −0.015%
- $2.54
- Slippage, 4 orders
- −$10.96
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$55.9
- Costs to cover
- 0.380%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 61 min ago; tradeXYZ: live order book, 11 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, 61 min ago | 1.55 bp | 6.7 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.78 bp | 12.9 bp −$13 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | −0.0798% | 8h | 318.74 | +0.102% | $612 | $238K | 10x | as long as short |
| Bitget ARMUSDT | −0.0405% | 8h | 318.61 | +0.061% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0027% | 8h | 318.23 | −0.058% | $121K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 318.18 | −0.073% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 318.40 | −0.004% | $31K | $316K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 318.48 | +0.020% | $8.1M | $49.9M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 318.39 | −0.008% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 318.35 | −0.021% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 318.47 | +0.017% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 318.62 | +0.063% | $183K | $253K | — | as long as short |
GRVT ARM_USDT_Perp
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 318.84 | +0.133% | $1K | $2.3M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 318.45 | +0.011% | $18K | $14K | 20x | as long as short |
| QFEX ARM-USD | +0.0020% | 1h | 318.57 | +0.048% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 318.30 | −0.036% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 318.70 | +0.089% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 318.15 | −0.084% | $368K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 318.50 | +0.026% | $186K | $432K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 318.32 | −0.030% | $2.3M | $152K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0104% | 1h | 319.39 | +0.306% | $98K | $279K | 10x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0126% | 1h | 318.45 | +0.011% | $8.1M | $8.6M | 10x | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +1.974% | $5K | $44K | 12x | as long as short |
| edgeX ARMUSDClong | +0.0223% | 4h | 318.42 | long leg | $35K | $359K | 10x | |
| Phoenix ARM | +0.0224% | 1h | 318.76 | +0.108% | $5K | $414K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0661% | 1h | 318.65 | +0.074% | $12K | $56K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Phoenix ARM
Deribit ARM_USDC-PERPETUAL