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: Injective against Lighter+0.687%96s7-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 +$6 a day on $10k at the current rate, and Injective is 0.687% dearer against Lighter than usual: you sell high and buy low: +$69 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 96 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 | Lighter ARM | 324.65 | 0.0032 | pay 0.0004% / 1h | 27m 40s | — | — | 10x |
| Short | Injective ARM/USDC PERP | 326.88 | 0.0220 | get 0.0028% / 1h | 27m 40s | $5K | $52K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $39.48
- Price spread: +0.687% → 0.000%
- $68.69
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $108.15
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
Lighter and 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 | −0.0098% | 4h | 324.14 | −0.156% | $34K | $349K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 324.47 | −0.057% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 324.96 | +0.095% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 324.73 | +0.025% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.76 | +0.034% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.01 | −0.196% | $276K | $459K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.01 | −0.197% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 324.15 | −0.154% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0010% | 8h | 324.41 | −0.074% | $123K | $44K | 20x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 324.65 | long leg | — | — | 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 | −0.012% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.68 | +0.009% | — | — | 10x | as long as short |
| Extended ARM-USD | +0.0048% | 1h | 324.65 | +0.001% | $39K | $188K | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 324.56 | −0.028% | $366K | $1.5M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.54 | −0.034% | $214K | $555K | 10x | as long as short |
| Binance ARMUSDT | +0.0059% | 8h | 324.78 | +0.041% | $8.6M | $51.1M | 20x | as long as short |
| Gate ARM_USDT | +0.0066% | 8h | 324.92 | +0.083% | $1.5M | $4.1M | 50x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 323.28 | −0.422% | $83K | $289K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0167% | 8h | 324.09 | −0.173% | $752 | $210K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0181% | 1h | 324.89 | +0.074% | $12K | $145K | 10x | as long as short |
| Phoenix ARM | +0.0198% | 1h | 323.91 | −0.228% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERPshort | +0.0220% | 1h | 326.88 | +0.687% | $5K | $52K | 12x | |
| tradeXYZ xyz:ARM | +0.0263% | 1h | 324.89 | +0.074% | $7.9M | $10.0M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0334% | 8h | 324.47 | −0.055% | $2.3M | $117K | 20x | as long as short |
Lighter ARM
Injective ARM/USDC PERP
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