Funding you earn now, next payment 23:00 UTC+0.0271%/8h= +29.7% APRpaid last 24h +0.058%
Price spread now: Phoenix against SunX+0.080%7-day average +0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.294%+$29 on $10k
+Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.080%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Phoenix is 0.077% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARM-USDT | 325.61 | 0 | get 0.0000% / 8h | 1m 14s | $1K | $3.1M | 10x |
| Short | Phoenix ARM | 325.87 | 0.0271 | get 0.0034% / 1h | 1m 14s | $5K | $460K | 10x |
SunX ARM-USDT
Phoenix ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against SunX. 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
- $56.89
- Price spread: +0.080% → +0.003%
- $7.67
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $49.57
- Costs to cover
- 0.150%
- Break-even
- 0.9 days
Slippage unknown: SunX: live order book, 6 min ago; Phoenix: live order book, 11 min ago. 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 SunX live order book, 6 min ago | 500.11 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 11 min ago | 6.44 bp | 18.8 bp −$19 | 40.8 bp −$408 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0725% | 4h | 325.79 | +0.054% | $35K | $352K | 10x | as long as short |
| BloFin ARM-USDT | −0.0027% | 8h | 325.80 | +0.058% | $124K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.63 | +0.006% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.88 | +0.083% | $2.0M | $2.4M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.66 | +0.015% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.83 | +0.068% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDTlong | 0.0000% | 8h | 325.61 | long leg | $1K | $3.1M | 10x | |
| HTX ARM-USDT | 0.0000% | 8h | 326.03 | +0.129% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.94 | +0.101% | $89K | $286K | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 325.50 | −0.034% | — | — | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
Lighter ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0033% | 1h | 325.83 | +0.068% | $1.1M | $4.8M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.79 | +0.055% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.60 | −0.003% | $381K | $2.1M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 325.72 | +0.034% | $208K | $551K | 10x | as long as short |
| Gate ARM_USDT | +0.0079% | 8h | 325.95 | +0.104% | $1.5M | $4.2M | 50x | as long as short |
| tradeXYZ xyz:ARM | +0.0127% | 1h | 325.50 | −0.034% | $8.0M | $9.6M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.15 | +1.394% | $5K | $52K | 12x | as long as short |
| Variational Omni ARM | +0.0233% | 8h | 325.64 | +0.008% | $213K | $523K | — | as long as short |
| Phoenix ARMshort | +0.0271% | 1h | 325.87 | +0.080% | $5K | $460K | 10x | |
| Extended ARM-USD | +0.0352% | 1h | 325.76 | +0.045% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | +0.0354% | 8h | 325.82 | +0.064% | $8.7M | $50.8M | 20x | as long as short |
| GRVT ARM_USDT_Perp | +0.0373% | 8h | 325.92 | +0.094% | $577 | $199K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0456% | 1h | 326.05 | +0.135% | $12K | $128K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0715% | 8h | 326.12 | +0.157% | $2.3M | $119K | 20x | as long as short |
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Variational Omni ARM
Extended ARM-USD
Binance ARMUSDT
GRVT ARM_USDT_Perp
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM