Funding you earn now, next payment 23:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.004%
Price spread now: Bybit against Injective−1.022%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−0.241%−$24 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 Bybit is 1.022% cheaper against Injective than usual: you would sell low and buy high (−$102 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 | Injective ARM/USDC PERP | 326.88 | 0.0220 | pay 0.0028% / 1h | 35m 28s | $5K | $52K | 12x |
| Short | Bybit ARMUSDT | 323.54 | 0 | get 0.0000% / 8h | 1h 35m | $2.0M | $2.6M | 25x |
Injective ARM/USDC PERP
Bybit ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −1.022% → 0.000%
- −$102.18
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$159.4
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bybit: 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 Bybit live order book, 2 min ago | 2.63 bp | 15.9 bp −$16 | 99.3 bp −$993 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0962% | 4h | 323.64 | −0.990% | $34K | $348K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 323.52 | −1.027% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.59 | −1.008% | $39K | $188K | 10x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 323.54 | −1.022% | $2.0M | $2.6M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.44 | −1.052% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.55 | −1.019% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 323.64 | −0.992% | $276K | $459K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 323.22 | −1.120% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.69 | −0.976% | $18K | $16K | 20x | as long as short |
| Binance ARMUSDT | +0.0005% | 8h | 323.64 | −0.991% | $8.6M | $51.1M | 20x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
Binance ARMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | +0.0017% | 8h | 323.55 | −1.019% | $123K | $44K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 323.56 | −1.016% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0043% | 1h | 323.59 | −1.006% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.69 | −0.976% | — | — | 10x | as long as short |
| Gate ARM_USDT | +0.0046% | 8h | 323.89 | −0.915% | $1.5M | $4.1M | 50x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.50 | −1.034% | $365K | $1.5M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.30 | −1.095% | $214K | $553K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 323.28 | −1.101% | $83K | $289K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0121% | 1h | 323.61 | −1.000% | $12K | $145K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0134% | 8h | 323.75 | −0.959% | $800 | $210K | 10x | as long as short |
| Phoenix ARM | +0.0198% | 1h | 323.90 | −0.912% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 326.88 | long leg | $5K | $52K | 12x | |
| tradeXYZ xyz:ARM | +0.0252% | 1h | 323.68 | −0.979% | $7.8M | $10.0M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0286% | 8h | 323.69 | −0.976% | $2.3M | $117K | 20x | as long as short |
BloFin ARM-USDT
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
Gate ARM_USDT
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
Deribit ARM_USDC-PERPETUAL
GRVT ARM_USDT_Perp
Phoenix ARM
tradeXYZ xyz:ARM
KuCoin ARMUSDTM