Funding you earn now, next payment 23:00 UTC+0.0248%/8h= +27.1% APRpaid last 24h −0.003%
Price spread now: tradeXYZ against Gate−0.102%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$840.840% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now −0.102%, 7d avg −0.051%
=Together, before fees+0.254%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.051% cheaper against Gate than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.051%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.161% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.161% in total (about 8.4% 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 | Gate ARM_USDT | 323.39 | 0.0030 | pay 0.0030% / 8h | 1h 46m | $1.5M | $4.0M | 50x |
| Short | tradeXYZ xyz:ARM | 323.06 | 0.0278 | get 0.0035% / 1h | 46m 21s | $7.7M | $9.9M | 10x |
Gate ARM_USDT
tradeXYZ xyz:ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $52.05
- Price spread: −0.102% → −0.051%
- −$5.11
- Slippage, 4 orders
- −$50.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$37.01
- Costs to cover
- 0.840%
- Break-even
- 12.0 days
Slippage from Gate: live order book, 2 min ago; tradeXYZ: live order book, 2 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, 2 min ago | 3.40 bp | 28.9 bp −$29 | 52.3 bp −$523 | 67.0 bp −$6,702 | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 0.77 bp | 12.1 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0208% | 4h | 323.72 | +0.103% | $34K | $348K | 10x | as long as short |
| BloFin ARM-USDT | −0.0012% | 8h | 323.11 | −0.087% | $122K | $44K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 323.05 | −0.106% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.12 | −0.085% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 323.13 | −0.080% | $8.5M | $51.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 323.18 | −0.065% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.13 | −0.080% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.03 | −0.111% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 323.89 | +0.155% | $276K | $459K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.68 | −0.220% | $1K | $3.2M | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
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 | 323.59 | +0.062% | $18K | $16K | 20x | as long as short |
| Gate ARM_USDTlong | +0.0030% | 8h | 323.39 | long leg | $1.5M | $4.0M | 50x | |
| Lighter ARM | +0.0032% | 1h | 322.99 | −0.124% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0043% | 1h | 323.09 | −0.093% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.34 | −0.015% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.06 | −0.102% | $365K | $1.5M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.61 | +0.068% | $214K | $553K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0063% | 8h | 323.77 | +0.118% | $401 | $213K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 323.28 | −0.034% | $83K | $291K | 10x | as long as short |
| Phoenix ARM | +0.0198% | 1h | 323.40 | +0.003% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 326.30 | +0.900% | $5K | $52K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0222% | 8h | 323.55 | +0.049% | $2.3M | $118K | 20x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0278% | 1h | 323.06 | −0.102% | $7.7M | $9.9M | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0679% | 1h | 323.32 | −0.022% | $12K | $145K | 10x | as long as short |
HTX ARM-USDT
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
GRVT ARM_USDT_Perp
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL