Funding you earn now, next payment 00:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: tradeXYZ against Injective−1.030%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−0.068%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 1.030% cheaper against Injective than usual: you would sell low and buy high (−$103 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 | 330.15 | 0.0220 | pay 0.0028% / 1h | 14m 55s | $5K | $52K | 12x |
| Short | tradeXYZ xyz:ARM | 326.75 | 0.0162 | get 0.0020% / 1h | 14m 55s | $8.1M | $9.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$12.24
- Price spread: −1.030% → 0.000%
- −$102.98
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$133.24
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 1.38 bp | 11.0 bp −$11 | doesn't fit | 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 | −0.0943% | 4h | 326.73 | −1.035% | $35K | $352K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 326.62 | −1.069% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 326.72 | −1.039% | $2.0M | $2.4M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 326.79 | −1.018% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 326.54 | −1.093% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 326.71 | −1.042% | $1K | $3.1M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 326.74 | −1.033% | $12K | $145K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.05 | −0.939% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 326.55 | −1.090% | $89K | $289K | 10x | as long as short |
| BloFin ARM-USDT | +0.0017% | 8h | 326.75 | −1.030% | $124K | $45K | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 326.85 | −1.000% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0033% | 1h | 326.62 | −1.069% | $1.1M | $4.8M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 326.88 | −0.990% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 326.97 | −0.963% | $383K | $2.1M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 326.29 | −1.169% | $209K | $555K | 10x | as long as short |
| Gate ARM_USDT | +0.0068% | 8h | 326.96 | −0.966% | $1.5M | $4.1M | 50x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0162% | 1h | 326.75 | −1.030% | $8.1M | $9.7M | 10x | |
| Variational Omni ARM | +0.0183% | 8h | 326.72 | −1.038% | $213K | $523K | — | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 330.15 | long leg | $5K | $52K | 12x | |
| Phoenix ARM | +0.0271% | 1h | 326.98 | −0.960% | $5K | $460K | 10x | as long as short |
| Extended ARM-USD | +0.0312% | 1h | 326.71 | −1.043% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | +0.0313% | 8h | 326.66 | −1.057% | $8.6M | $51.1M | 20x | as long as short |
| GRVT ARM_USDT_Perp | +0.0358% | 8h | 326.79 | −1.018% | $471 | $199K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0665% | 8h | 326.87 | −0.993% | $2.3M | $120K | 20x | as long as short |
Injective ARM/USDC PERP
tradeXYZ xyz:ARM
edgeX ARMUSDC
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
BloFin ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
Variational Omni ARM
Phoenix ARM
Extended ARM-USD
Binance ARMUSDT
GRVT ARM_USDT_Perp
KuCoin ARMUSDTM