Funding you earn now, next payment 06:00 UTC−0.0580%/8h= −63.6% APRpaid last 24h −0.035%
Price spread now: edgeX against Extended−0.368%53s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as 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−$430.435% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.347%+$35 · spread now −0.368%, 7d avg +0.010%
=Together, before fees+0.343%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and edgeX is 0.378% cheaper against Extended than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of +0.010%). Swap the legs. The two prices were read 53 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 -0.004% in total (about -0.2% 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 | Extended ARM-USD | 320.93 | 0 | get 0.0000% / 1h | 12m 36s | $38K | $272K | 10x |
| Short | edgeX ARMUSDC | 319.75 | −0.0580 | pay 0.0290% / 4h | 2h 12m | $34K | $352K | 10x |
Extended ARM-USD
edgeX ARMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- −$121.88
- Price spread: −0.368% → +0.010%
- −$37.8
- Slippage, 4 orders
- −$29.49
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$203.16
- Costs to cover
- 0.435%
- Break-even
- never at this rate
Slippage from Extended: live order book, 35 min ago; edgeX: live order book, 36 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 Extended live order book, 35 min ago | 2.17 bp | 13.7 bp −$14 | 124.1 bp −$1,241 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 36 min ago | 2.64 bp | 7.9 bp −$8 | 101.4 bp −$1,014 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0936% | 8h | 320.65 | −0.089% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDCshort | −0.0580% | 4h | 319.75 | −0.368% | $34K | $352K | 10x | |
| BloFin ARM-USDT | −0.0028% | 8h | 320.44 | −0.154% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.66 | −0.087% | $7K | $126K | 20x | as long as short |
| Extended ARM-USDlong | 0.0000% | 1h | 320.93 | long leg | $38K | $272K | 10x | |
| Binance ARMUSDT | 0.0000% | 8h | 320.91 | −0.008% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.12 | +0.058% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.82 | −0.036% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.06 | +0.039% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.57 | −0.424% | $184K | $294K | — | as long as short |
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 319.65 | −0.401% | $655 | $221K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 320.28 | −0.204% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.53 | −0.438% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 320.99 | +0.017% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.85 | −0.026% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.77 | −0.051% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.78 | −0.048% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.43 | −0.469% | $185K | $422K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.58 | −0.110% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0141% | 1h | 320.99 | +0.017% | $8.1M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 320.40 | −0.167% | $100K | $299K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 319.85 | −0.338% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.11 | +0.678% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.1344% | 1h | 320.49 | −0.138% | $12K | $59K | 10x | as long as short |
GRVT ARM_USDT_Perp
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
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL