Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.010%
Price spread now: Binance against Injective−1.385%67s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.226%−$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 1.385% cheaper against Injective than usual: you would sell low and buy high (−$138 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARM/USDC PERP | 330.24 | 0.0220 | pay 0.0028% / 1h | 56m 13s | $5K | $50K | 12x |
| Short | Binance ARMUSDT | 325.67 | 0 | get 0.0000% / 8h | 3h 56m | $8.5M | $50.2M | 20x |
Injective ARM/USDC PERP
Binance ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- −$46.2
- Price spread: −1.385% → 0.000%
- −$138.46
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$194.68
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 16 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 16 min ago | 1.38 bp | 10.4 bp −$10 | 10.9 bp −$109 | 93.1 bp −$9,315 | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 326.04 | −1.271% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 325.60 | −1.404% | $41K | $271K | 10x | as long as short |
| Binance ARMUSDTshort | 0.0000% | 8h | 325.67 | −1.385% | $8.5M | $50.2M | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 325.66 | −1.387% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.50 | −1.435% | $1.7M | $6.6M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.80 | −1.344% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 326.54 | −1.120% | $212K | $298K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 326.29 | −1.196% | $796 | $205K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.61 | −1.402% | $1K | $2.7M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 325.60 | −1.405% | $12K | $59K | 10x | as long as short |
Aster ARMUSDT
Extended ARM-USD
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUALShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 325.95 | −1.299% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 325.60 | −1.405% | $1.1M | $3.8M | 10x | as long as short |
| BloFin ARM-USDT | +0.0021% | 8h | 326.08 | −1.260% | $127K | $49K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 325.50 | −1.435% | — | — | 10x | as long as short |
| Gate ARM_USDT | +0.0036% | 8h | 325.80 | −1.344% | $1.5M | $4.3M | 50x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.87 | −1.323% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.64 | −1.393% | $8.2M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.56 | −1.417% | $377K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 325.68 | −1.381% | $196K | $412K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 326.05 | −1.269% | $98K | $308K | 10x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 326.24 | −1.211% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 330.24 | long leg | $5K | $50K | 12x | |
| KuCoin ARMUSDTM | +0.0268% | 8h | 325.77 | −1.354% | $2.3M | $118K | 20x | as long as short |
| edgeX ARMUSDC | +0.0950% | 4h | 326.12 | −1.247% | $35K | $348K | 10x | as long as short |
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDT
Lighter ARM
Gate ARM_USDT
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
Phoenix ARM
KuCoin ARMUSDTM
edgeX ARMUSDC