Funding you earn now, next payment 12:00 UTC+0.0223%/8h= +24.4% APRpaid last 24h −0.057%
Price spread now: edgeX against OKX+0.285%51s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.408% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.379%−$38 · spread now +0.285%, 7d avg +0.007%
=Together, before fees−0.388%+ Points / potential airdropedgeX: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and edgeX is 0.279% dearer against OKX than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARM-USDT-SWAP | 317.51 | 0 | get 0.0000% / 8h | 7h 34m | $1.6M | $6.5M | 20x |
| Short | edgeX ARMUSDC | 318.42 | 0.0223 | get 0.0112% / 4h | 3h 34m | $35K | $359K | 10x |
OKX ARM-USDT-SWAP
edgeX ARMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- $46.86
- Price spread: +0.285% → +0.007%
- $27.86
- Slippage, 4 orders
- −$21.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $33.87
- Costs to cover
- 0.408%
- Break-even
- 1.9 days
Slippage from OKX: live order book, 3 min ago; edgeX: live order book, 64 min ago.
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 OKX live order book, 3 min ago | 1.73 bp | 12.1 bp −$12 | 44.9 bp −$449 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 64 min ago | 1.55 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0798% | 8h | 318.74 | +0.387% | $612 | $238K | 10x | as long as short |
| Bitget ARMUSDT | −0.0398% | 8h | 317.91 | +0.126% | $1.6M | $4.0M | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 318.21 | +0.221% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 318.00 | +0.156% | $31K | $316K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 318.03 | +0.164% | $8.1M | $49.9M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 317.94 | +0.135% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAPlong | 0.0000% | 8h | 317.51 | long leg | $1.6M | $6.5M | 20x | |
| Gate ARM_USDT | 0.0000% | 8h | 318.00 | +0.154% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 317.86 | +0.109% | $182K | $253K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 318.41 | +0.283% | $1K | $2.3M | 10x | as long as short |
GRVT ARM_USDT_Perp
Bitget ARMUSDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
Gate ARM_USDT
Variational Omni ARM
SunX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 318.17 | +0.208% | $12K | $56K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 317.94 | +0.135% | $18K | $14K | 20x | as long as short |
| QFEX ARM-USD | +0.0020% | 1h | 318.21 | +0.220% | $1.1M | $3.3M | 10x | as long as short |
| BloFin ARM-USDT | +0.0024% | 8h | 318.00 | +0.154% | $121K | $52K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 318.12 | +0.192% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 318.26 | +0.236% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 317.94 | +0.135% | $368K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 318.02 | +0.161% | $186K | $439K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 318.16 | +0.205% | $2.3M | $156K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0104% | 1h | 319.39 | +0.592% | $98K | $279K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0112% | 1h | 317.92 | +0.129% | $8.1M | $8.6M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +2.264% | $5K | $44K | 12x | as long as short |
| edgeX ARMUSDCshort | +0.0223% | 4h | 318.42 | +0.285% | $35K | $359K | 10x | |
| Phoenix ARM | +0.0224% | 1h | 318.06 | +0.173% | $5K | $414K | 10x | as long as short |
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Phoenix ARM