Funding you earn now, next payment 23:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.24 per $10,000 · paid last 24h —
Price spread now: Lighter against Injective−0.664%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Lighter is 0.664% cheaper against Injective than usual: you would sell low and buy high (−$66 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 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 | 326.88 | 0.0220 | pay 0.0028% / 1h | 27m 50s | $5K | $52K | 12x |
| Short | Lighter ARM | 324.71 | 0.0032 | get 0.0004% / 1h | 27m 50s | — | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$39.48
- Price spread: −0.664% → 0.000%
- −$66.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$105.89
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Lighter: 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 Lighter no order-book sample | — | — | — | — | — |
Injective and Lighter: 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 | −0.0098% | 4h | 324.14 | −0.837% | $34K | $349K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 324.47 | −0.736% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 324.88 | −0.612% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 324.57 | −0.707% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.68 | −0.673% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.01 | −0.877% | $276K | $459K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.01 | −0.878% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 324.15 | −0.835% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0010% | 8h | 324.41 | −0.756% | $123K | $44K | 20x | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 324.71 | −0.664% | — | — | 10x |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0043% | 1h | 324.61 | −0.694% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.68 | −0.673% | — | — | 10x | as long as short |
| Extended ARM-USD | +0.0048% | 1h | 324.64 | −0.685% | $39K | $188K | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 324.56 | −0.710% | $366K | $1.5M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.74 | −0.961% | $214K | $554K | 10x | as long as short |
| Binance ARMUSDT | +0.0051% | 8h | 324.70 | −0.667% | $8.6M | $51.1M | 20x | as long as short |
| Gate ARM_USDT | +0.0064% | 8h | 324.84 | −0.624% | $1.5M | $4.1M | 50x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 323.28 | −1.101% | $83K | $289K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0167% | 8h | 324.09 | −0.854% | $752 | $210K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0181% | 1h | 324.89 | −0.609% | $12K | $145K | 10x | as long as short |
| Phoenix ARM | +0.0198% | 1h | 323.91 | −0.909% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 326.88 | long leg | $5K | $52K | 12x | |
| tradeXYZ xyz:ARM | +0.0266% | 1h | 324.77 | −0.645% | $7.8M | $10.0M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0334% | 8h | 324.45 | −0.743% | $2.3M | $117K | 20x | as long as short |
Injective ARM/USDC PERP
Lighter ARM
edgeX ARMUSDC
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Extended ARM-USD
Polymarket Perps ARM-USD
Binance ARMUSDT
Gate ARM_USDT
Coinbase International ARM-PERP-INTX
GRVT ARM_USDT_Perp
Deribit ARM_USDC-PERPETUAL
Phoenix ARM
tradeXYZ xyz:ARM
KuCoin ARMUSDTM