Funding you earn now, next payment 02:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: OKX against Injective−1.404%78s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.262%−$26 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 OKX is 1.404% cheaper against Injective than usual: you would sell low and buy high (−$140 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 78 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 | 332.02 | 0.0220 | pay 0.0028% / 1h | 2m 02s | $5K | $50K | 12x |
| Short | OKX ARM-USDT-SWAP | 327.36 | 0 | get 0.0000% / 8h | 6h 02m | $1.7M | $6.6M | 20x |
Injective ARM/USDC PERP
OKX ARM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −1.404% → 0.000%
- −$140.35
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$196.57
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 1.99 bp | 16.2 bp −$16 | 54.5 bp −$545 | 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 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 327.05 | −1.497% | $100K | $289K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 327.48 | −1.369% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.44 | −1.379% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAPshort | 0.0000% | 8h | 327.36 | −1.404% | $1.7M | $6.6M | 20x | |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.76 | −1.284% | $1K | $186K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.44 | −1.379% | $940 | $2.8M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 326.16 | −1.765% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0015% | 1h | 327.07 | −1.491% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.06 | −1.494% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.26 | −1.434% | — | — | 10x | as long as short |
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ARM | +0.0050% | 1h | 327.38 | −1.398% | $8.3M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.22 | −1.446% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.20 | −1.452% | $201K | $396K | 10x | as long as short |
| Variational Omni ARM | +0.0100% | 8h | 327.73 | −1.291% | $213K | $329K | — | as long as short |
| Phoenix ARM | +0.0121% | 1h | 327.36 | −1.404% | $5K | $444K | 10x | as long as short |
| Gate ARM_USDT | +0.0127% | 8h | 327.60 | −1.331% | $1.4M | $4.2M | 50x | as long as short |
| Binance ARMUSDT | +0.0207% | 8h | 327.49 | −1.365% | $8.6M | $50.3M | 20x | as long as short |
| Extended ARM-USD | +0.0208% | 1h | 327.40 | −1.391% | $36K | $273K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 332.02 | long leg | $5K | $50K | 12x | |
| Bitget ARMUSDT | +0.0284% | 8h | 327.44 | −1.379% | $1.8M | $3.8M | 20x | as long as short |
| edgeX ARMUSDC | +0.0301% | 4h | 327.45 | −1.377% | $35K | $345K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0729% | 8h | 327.63 | −1.322% | $2.3M | $120K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0972% | 1h | 327.75 | −1.286% | $12K | $125K | 10x | as long as short |
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Variational Omni ARM
Phoenix ARM
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
Bitget ARMUSDT
edgeX ARMUSDC
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL