Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h —
Price spread now: Extended against Lighter+0.074%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 · Extended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Extended is 0.074% dearer against Lighter than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARM | 319.24 | 0.0032 | pay 0.0004% / 1h | 45m 09s | — | — | 10x |
| Short | Extended ARM-USD | 319.48 | 0 | get 0.0000% / 1h | 45m 09s | $31K | $316K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$6.72
- Price spread: +0.074% → 0.000%
- $7.37
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$4.35
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Extended: live order book, 52 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 52 min ago | 2.95 bp | 14.5 bp −$15 | 108.9 bp −$1,089 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | −0.1069% | 8h | 319.30 | +0.018% | $310 | $238K | 10x | as long as short |
| Bitget ARMUSDT | −0.0420% | 8h | 319.58 | +0.107% | $1.7M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0391% | 4h | 319.44 | +0.063% | $35K | $359K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.70 | +0.144% | $7K | $126K | 20x | as long as short |
| Extended ARM-USDshort | 0.0000% | 1h | 319.48 | +0.074% | $31K | $316K | 10x | |
| Binance ARMUSDT | 0.0000% | 8h | 319.92 | +0.212% | $8.2M | $49.9M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.62 | +0.119% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.71 | +0.147% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 319.56 | +0.100% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 318.94 | −0.095% | $183K | $253K | — | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 319.35 | +0.034% | $1K | $2.3M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.20 | −0.013% | $18K | $14K | 20x | as long as short |
| BloFin ARM-USDT | +0.0006% | 8h | 319.30 | +0.019% | $122K | $52K | 20x | as long as short |
| QFEX ARM-USD | +0.0020% | 1h | 319.19 | −0.016% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 319.24 | long leg | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 319.61 | +0.116% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 319.04 | −0.063% | $369K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 318.90 | −0.107% | $182K | $431K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.41 | +0.053% | $2.3M | $144K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0104% | 1h | 319.39 | +0.047% | $98K | $280K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0136% | 1h | 319.73 | +0.153% | $8.2M | $8.6M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +1.710% | $5K | $44K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 319.02 | −0.069% | $5K | $414K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0376% | 1h | 319.51 | +0.085% | $12K | $56K | 10x | as long as short |
Lighter ARM
Extended ARM-USD
GRVT ARM_USDT_Perp
Bitget ARMUSDT
edgeX ARMUSDC
Aster ARMUSDT
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Polymarket Perps ARM-USD
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Phoenix ARM
Deribit ARM_USDC-PERPETUAL