Funding you earn now, next payment 03:00 UTC−0.0082%/8h= −9.0% APRpaid last 24h —
Price spread now: Lighter against Gate−0.146%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.146% cheaper against Gate than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARM_USDT | 329.12 | 0.0114 | pay 0.0114% / 8h | 5h 34m | $1.4M | $4.2M | 50x |
| Short | Lighter ARM | 328.64 | 0.0032 | get 0.0004% / 1h | 34m 19s | — | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$17.22
- Price spread: −0.146% → 0.000%
- −$14.58
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$46.8
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 min ago; Lighter: no order-book sample. Net counts fees only.
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, 4 min ago | 4.10 bp | 13.7 bp −$14 | 39.3 bp −$393 | 55.8 bp −$5,582 | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0322% | 4h | 329.01 | −0.033% | $35K | $346K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 328.97 | −0.046% | $101K | $293K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.73 | −0.120% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 329.04 | −0.024% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.73 | −0.118% | $1.7M | $6.7M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 329.07 | −0.015% | $471 | $187K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.84 | −0.085% | $845 | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.75 | −0.112% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 328.85 | −0.082% | $1.1M | $4.3M | 10x | as long as short |
| BloFin ARM-USDT | +0.0026% | 8h | 328.78 | −0.103% | $127K | $48K | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARMshort | +0.0032% | 1h | 328.64 | −0.146% | — | — | 10x | |
| Variational Omni ARM | +0.0037% | 8h | 329.02 | −0.032% | $214K | $321K | — | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 329.01 | −0.033% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.85 | −0.082% | $381K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 329.02 | −0.030% | $202K | $406K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0063% | 1h | 328.89 | −0.070% | $8.3M | $8.8M | 10x | as long as short |
| Gate ARM_USDTlong | +0.0114% | 8h | 329.12 | long leg | $1.4M | $4.2M | 50x | |
| Phoenix ARM | +0.0122% | 1h | 328.96 | −0.049% | $5K | $434K | 10x | as long as short |
| Binance ARMUSDT | +0.0144% | 8h | 328.93 | −0.058% | $8.6M | $50.0M | 20x | as long as short |
| Extended ARM-USD | +0.0144% | 1h | 328.88 | −0.073% | $36K | $272K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.09 | +0.902% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0294% | 8h | 328.98 | −0.043% | $1.8M | $3.8M | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0328% | 1h | 328.86 | −0.079% | $12K | $125K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0661% | 8h | 328.91 | −0.064% | $2.4M | $119K | 20x | as long as short |
Gate ARM_USDT
Lighter ARM
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Variational Omni ARM
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
Phoenix ARM
Binance ARMUSDT
Extended ARM-USD
Injective ARM/USDC PERP
Bitget ARMUSDT
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM