Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h +0.049%
Price spread now: Binance against Gate+0.061%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$580.584% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now +0.061%, 7d avg +0.012%
=The price spread pays, funding is against you. Binance is 0.049% dearer against Gate than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of +0.012%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARM_USDT | 326.36 | 0.0044 | pay 0.0044% / 8h | 4h 01m | $1.5M | $4.3M | 50x |
| Short | Binance ARMUSDT | 326.56 | 0 | get 0.0000% / 8h | 4h 01m | $8.6M | $50.2M | 20x |
Gate ARM_USDT
Binance ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$9.24
- Price spread: +0.061% → +0.012%
- $4.92
- Slippage, 4 orders
- −$33.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$62.67
- Costs to cover
- 0.584%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 10 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 Gate live order book, 1 min ago | 4.75 bp | 18.6 bp −$19 | 42.1 bp −$421 | 56.5 bp −$5,648 | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.38 bp | 10.4 bp −$10 | 10.9 bp −$109 | 93.1 bp −$9,315 | 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 ARMUSDC | −0.0210% | 4h | 326.71 | +0.107% | $35K | $349K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.99 | −0.114% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 326.09 | −0.082% | $36K | $266K | 10x | as long as short |
| Binance ARMUSDTshort | 0.0000% | 8h | 326.56 | +0.061% | $8.6M | $50.2M | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 326.45 | +0.028% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 326.42 | +0.018% | $1.7M | $6.6M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 326.38 | +0.006% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 326.87 | +0.156% | $212K | $300K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.23 | +0.267% | $936 | $204K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.97 | −0.119% | $1K | $2.7M | 10x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Bybit ARMUSDT
OKX ARM-USDT-SWAP
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 | 325.87 | −0.150% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0021% | 8h | 326.45 | +0.028% | $127K | $49K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 325.98 | −0.116% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 325.80 | −0.172% | — | — | 10x | as long as short |
| Gate ARM_USDTlong | +0.0044% | 8h | 326.36 | long leg | $1.5M | $4.3M | 50x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 326.28 | −0.025% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 326.26 | −0.031% | $8.2M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.99 | −0.113% | $377K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 326.29 | −0.021% | $197K | $415K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 325.93 | −0.132% | $98K | $307K | 10x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 326.99 | +0.193% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.01 | +1.118% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0294% | 8h | 326.22 | −0.043% | $2.3M | $118K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0456% | 1h | 326.06 | −0.092% | $12K | $59K | 10x | as long as short |
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL