Funding you earn now, next payment 06:00 UTC−0.0154%/8h= −16.8% APRnext payment −$0.19 per $10,000 · paid last 24h −0.042%
Price spread now: Vest against Phoenix−0.100%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.100% cheaper against Phoenix than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | 321.23 | 0.0199 | pay 0.0025% / 1h | 4m 29s | $5K | $444K | 10x |
| Short | Vest ARM-USD-PERP | 320.91 | 0.0046 | get 0.0006% / 1h | 4m 29s | — | — | 10x |
Phoenix ARM
Vest ARM-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$32.25
- Price spread: −0.100% → 0.000%
- −$9.96
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$51.22
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 38 min ago; Vest: 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, 38 min ago | 6.56 bp | 18.9 bp −$19 | 40.7 bp −$407 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0801% | 8h | 320.89 | −0.106% | $1.7M | $4.1M | 20x | as long as short |
| edgeX ARMUSDC | −0.0108% | 4h | 321.08 | −0.048% | $34K | $352K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.91 | −0.099% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.76 | −0.147% | $39K | $270K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.02 | −0.065% | $8.3M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.84 | −0.121% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.77 | −0.143% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.84 | −0.121% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.27 | +0.012% | $185K | $278K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.13 | −0.030% | $941 | $231K | 10x | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.11 | −0.037% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.03 | −0.062% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | 0.0000% | 8h | 320.59 | −0.199% | $122K | $51K | 20x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 320.80 | −0.134% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.67 | −0.174% | — | — | 10x | as long as short |
| Vest ARM-USD-PERPshort | +0.0046% | 1h | 320.91 | −0.100% | — | — | 10x | |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.04 | −0.059% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.18 | −0.016% | $185K | $434K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.06 | −0.053% | $2.3M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0124% | 1h | 321.02 | −0.065% | $12K | $59K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0188% | 1h | 321.09 | −0.044% | $8.2M | $8.7M | 10x | as long as short |
| Phoenix ARMlong | +0.0199% | 1h | 321.23 | long leg | $5K | $444K | 10x | |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 321.18 | −0.016% | $97K | $293K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.28 | +0.638% | $5K | $50K | 12x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP