Funding you earn now, next payment 08:00 UTC−0.0651%/8h= −71.3% APRpaid last 24h −0.021%
Price spread now: Bitget against Injective−0.905%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−0.098%−$10 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 −$20 a day on $10k at the current rate, and Bitget is 0.905% cheaper against Injective than usual: you would sell low and buy high (−$91 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% 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 | Injective ARM/USDC PERP | 324.70 | 0.0220 | pay 0.0028% / 1h | 0m 48s | $5K | $49K | 12x |
| Short | Bitget ARMUSDT | 321.76 | −0.0431 | pay 0.0431% / 8h | 0m 48s | $1.7M | $3.9M | 20x |
Injective ARM/USDC PERP
Bitget ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$136.71
- Price spread: −0.905% → 0.000%
- −$90.55
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$239.28
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 3.88 bp | 15.6 bp −$16 | 29.3 bp −$293 | 68.4 bp −$6,838 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDTshort | −0.0431% | 8h | 321.76 | −0.905% | $1.7M | $3.9M | 20x | |
| edgeX ARMUSDC | −0.0155% | 4h | 321.69 | −0.927% | $36K | $357K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.75 | −0.907% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.69 | −0.926% | $36K | $312K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.77 | −0.902% | $8.3M | $49.9M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.71 | −0.921% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.61 | −0.952% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.84 | −0.881% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.72 | −0.919% | $187K | $252K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.67 | −0.934% | $357 | $236K | 10x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.72 | −0.918% | $1K | $2.4M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.54 | −0.973% | $18K | $14K | 20x | as long as short |
| BloFin ARM-USDT | +0.0003% | 8h | 321.72 | −0.918% | $123K | $52K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.60 | −0.955% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.56 | −0.967% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.63 | −0.945% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.64 | −0.942% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.29 | −1.050% | $185K | $440K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.93 | −0.853% | $2.3M | $125K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 320.83 | −1.192% | $98K | $289K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 324.70 | long leg | $5K | $49K | 12x | |
| Phoenix ARM | +0.0224% | 1h | 321.79 | −0.896% | $5K | $444K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0240% | 1h | 321.73 | −0.915% | $8.2M | $8.6M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0777% | 1h | 321.79 | −0.896% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Phoenix ARM
tradeXYZ xyz:ARM
Deribit ARM_USDC-PERPETUAL