ARM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.062%

Price spread now: BloFin against Phoenix−0.016%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$600.603% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.243%−$24 on $10k

Price spread, last 4 days (all we have)−0.064%−$6 · spread now −0.016%, 7d avg −0.009%

Together, before fees−0.308%−$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix ARM	322.56	0.0200	pay 0.0025% / 1h	52m 16s	$5K	$446K	10x
Short	BloFin ARM-USDT	322.51	0.0020	get 0.0020% / 8h	2h 52m	$122K	$51K	20x

Funding history

latest

Range statsloading…

BloFin against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee PhoenixbpFee BloFinbpOrdersPrice spread, now −0.016%Rate

Slippage from Phoenix: live order book, 60 min ago; BloFin: live order book, 26 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phoenix live order book, 60 min ago	6.47 bp	18.8 bp −$19	40.7 bp −$407	doesn't fit	doesn't fit
Sell BloFin live order book, 26 min ago	0.78 bp	6.8 bp −$7	doesn't fit	doesn't fit	doesn't fit

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	−0.0685%	4h	322.27	−0.089%	$34K	$350K	10x	as long as short
Bitget ARMUSDT	−0.0560%	8h	322.04	−0.161%	$1.8M	$3.9M	20x	as long as short
Aster ARMUSDT	0.0000%	8h	322.83	+0.084%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	322.83	+0.085%	$35K	$272K	10x	as long as short
Binance ARMUSDT	0.0000%	8h	322.99	+0.132%	$8.3M	$50.5M	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	322.84	+0.087%	$1.9M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	322.77	+0.065%	$1.6M	$6.7M	20x	as long as short
Gate ARM_USDT	0.0000%	8h	322.87	+0.096%	$1.4M	$4.3M	50x	as long as short
Variational Omni ARM	0.0000%	8h	322.18	−0.117%	$192K	$298K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	321.56	−0.310%	$974	$216K	10x	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	322.25	−0.096%	$935	$2.6M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	322.21	−0.109%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0011%	1h	322.75	+0.059%	$1.1M	$3.6M	10x	as long as short
BloFin ARM-USDTshort	+0.0020%	8h	322.51	−0.016%	$122K	$51K	20x
Lighter ARM	+0.0032%	1h	322.68	+0.037%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	322.94	+0.118%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	322.63	+0.022%	$374K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	321.92	−0.198%	$186K	$417K	10x	as long as short
KuCoin ARMUSDTM	+0.0100%	8h	322.79	+0.071%	$2.3M	$119K	20x	as long as short
Coinbase International ARM-PERP-INTX	+0.0176%	1h	321.20	−0.422%	$99K	$309K	10x	as long as short
tradeXYZ xyz:ARM	+0.0181%	1h	322.83	+0.084%	$8.1M	$8.6M	10x	as long as short
Phoenix ARMlong	+0.0200%	1h	322.56	long leg	$5K	$446K	10x
Deribit ARM_USDC-PERPETUAL	+0.0215%	1h	322.92	+0.112%	$12K	$59K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	324.06	+0.465%	$5K	$50K	12x	as long as short