Funding you earn now, next payment 09:00 UTC−0.0691%/8h= −75.7% APRnext payment −$0.86 per $10,000 · paid last 24h +0.018%
Price spread now: Deribit against Injective−1.845%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+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 −$21 a day on $10k at the current rate, and Deribit is 1.845% cheaper against Injective than usual: you would sell low and buy high (−$184 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | 324.70 | 0.0220 | pay 0.0028% / 1h | 50m 18s | $5K | $44K | 12x |
| Short | Deribit ARM_USDC-PERPETUAL | 318.71 | −0.0471 | pay 0.0059% / 1h | 50m 18s | $12K | $56K | 10x |
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$145.14
- Price spread: −1.845% → 0.000%
- −$184.48
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$336.64
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Deribit: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Injective and Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | −0.1615% | 8h | 318.58 | −1.884% | $1K | $238K | 10x | as long as short |
| edgeX ARMUSDC | −0.0684% | 4h | 318.80 | −1.816% | $36K | $359K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALshort | −0.0471% | 1h | 318.71 | −1.845% | $12K | $56K | 10x | |
| Bitget ARMUSDT | −0.0425% | 8h | 318.62 | −1.872% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0019% | 8h | 319.43 | −1.623% | $123K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.34 | −1.650% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 318.79 | −1.820% | $31K | $320K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 318.82 | −1.812% | $8.1M | $49.8M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.09 | −1.728% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 318.49 | −1.913% | $1.6M | $6.5M | 20x | as long as short |
GRVT ARM_USDT_Perp
edgeX ARMUSDC
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARM_USDT | 0.0000% | 8h | 318.91 | −1.783% | $1.4M | $4.0M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.50 | −1.602% | $186K | $251K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 318.75 | −1.832% | $1K | $2.3M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.01 | −1.752% | $18K | $14K | 20x | as long as short |
| QFEX ARM-USD | +0.0020% | 1h | 319.32 | −1.657% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 318.88 | −1.792% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 319.19 | −1.697% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 319.48 | −1.608% | $8.2M | $8.6M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 319.62 | −1.565% | $370K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 318.94 | −1.774% | $182K | $431K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.41 | −1.629% | $2.3M | $138K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0104% | 1h | 319.39 | −1.635% | $98K | $280K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 324.70 | long leg | $5K | $44K | 12x | |
| Phoenix ARM | +0.0224% | 1h | 318.74 | −1.836% | $5K | $414K | 10x | as long as short |
Gate ARM_USDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Phoenix ARM