Funding you earn now, next payment 02:00 UTC−0.0122%/8h= −13.4% APRpaid last 24h −0.061%
Price spread now: HTX against Phoenix−0.106%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.106% cheaper against Phoenix than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 72 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 | Phoenix ARM | 329.15 | 0.0122 | pay 0.0015% / 1h | 6m 06s | $5K | $434K | 10x |
| Short | HTX ARM-USDT | 328.80 | 0 | get 0.0000% / 8h | 5h 06m | $18K | $16K | 20x |
Phoenix ARM
HTX ARM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Phoenix. 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
- −$25.69
- Price spread: −0.106% → 0.000%
- −$10.63
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$55.32
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 56 min ago; HTX: 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 Phoenix live order book, 56 min ago | 6.41 bp | 19.0 bp −$19 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 | −0.0056% | 4h | 328.88 | −0.082% | $35K | $347K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 328.91 | −0.073% | $102K | $292K | 10x | as long as short |
| BloFin ARM-USDT | −0.0001% | 8h | 329.10 | −0.015% | $128K | $48K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.89 | −0.080% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 329.02 | −0.039% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 329.12 | −0.009% | $1.7M | $6.7M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 328.99 | −0.048% | $213K | $314K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.89 | −0.079% | $727 | $192K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.81 | −0.103% | $964 | $2.7M | 10x | as long as short |
| HTX ARM-USDTshort | 0.0000% | 8h | 328.80 | −0.106% | $18K | $16K | 20x |
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0011% | 1h | 328.93 | −0.067% | $1.1M | $4.1M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.85 | −0.091% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 329.09 | −0.018% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.96 | −0.058% | $381K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.92 | −0.070% | $203K | $403K | 10x | as long as short |
| Binance ARMUSDT | +0.0087% | 8h | 329.07 | −0.025% | $8.7M | $49.9M | 20x | as long as short |
| Extended ARM-USD | +0.0088% | 1h | 328.93 | −0.066% | $36K | $268K | 10x | as long as short |
| Phoenix ARMlong | +0.0122% | 1h | 329.15 | long leg | $5K | $434K | 10x | |
| Gate ARM_USDT | +0.0129% | 8h | 329.23 | +0.024% | $1.5M | $4.3M | 50x | as long as short |
| tradeXYZ xyz:ARM | +0.0135% | 1h | 329.07 | −0.024% | $8.3M | $8.7M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.31 | +0.960% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0285% | 8h | 329.08 | −0.021% | $1.8M | $3.8M | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0328% | 1h | 329.14 | −0.003% | $12K | $125K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0572% | 8h | 328.99 | −0.049% | $2.4M | $118K | 20x | as long as short |
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Binance ARMUSDT
Extended ARM-USD
Gate ARM_USDT
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Bitget ARMUSDT
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM