Funding you earn now, next payment 11:00 UTC+0.0248%/8h= +27.2% APRnext payment +$0.31 per $10,000 · paid last 24h —
Price spread now: Deribit against Lighter+0.065%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and Deribit is 0.065% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARM | 320.72 | 0.0032 | pay 0.0004% / 1h | 28m 36s | — | — | 10x |
| Short | Deribit ARM_USDC-PERPETUAL | 320.93 | 0.0280 | get 0.0035% / 1h | 28m 36s | $12K | $54K | 10x |
Lighter ARM
Deribit ARM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Lighter. 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
- $52.08
- Price spread: +0.065% → 0.000%
- $6.55
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $51.63
- Costs to cover
- 0.070%
- Break-even
- 0.1 days
Slippage unknown: Lighter: 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Lighter 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0011% | 8h | 320.93 | +0.065% | $128K | $56K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.31 | +0.184% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.99 | +0.085% | $31K | $321K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.03 | +0.097% | $8.2M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.09 | +0.115% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.02 | +0.094% | $1.7M | $6.2M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.13 | +0.128% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 321.03 | +0.097% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.73 | +0.003% | $186K | $219K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 320.96 | +0.075% | $1K | $2.1M | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 320.75 | +0.009% | $18K | $11K | 20x | as long as short |
| QFEX ARM-USD | +0.0019% | 1h | 320.98 | +0.081% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 320.72 | long leg | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.15 | +0.134% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.76 | +0.012% | $365K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.71 | −0.003% | $181K | $440K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0061% | 1h | 320.81 | +0.028% | $8.3M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0096% | 1h | 320.69 | −0.009% | $99K | $271K | 10x | as long as short |
| edgeX ARMUSDC | +0.0152% | 4h | 320.72 | 0.000% | $35K | $363K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0198% | 8h | 321.22 | +0.156% | $2.3M | $295K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0207% | 1h | 322.26 | +0.480% | $3K | $60K | 12x | as long as short |
| Phoenix ARM | +0.0248% | 1h | 320.74 | +0.006% | $8K | $424K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALshort | +0.0280% | 1h | 320.93 | +0.065% | $12K | $54K | 10x | |
| GRVT ARM_USDT_Perp | +0.0472% | 8h | 320.77 | +0.016% | $914 | $257K | 10x | as long as short |
HTX ARM-USDT
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
edgeX ARMUSDC
KuCoin ARMUSDTM
Injective ARM/USDC PERP
Phoenix ARM
GRVT ARM_USDT_Perp