Funding you earn now, next payment 01:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.068%
Price spread now: Aster against tradeXYZ−0.090%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2082.078% of the position
Funding, last 7 days−0.246%−$25 on $10k
+Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.090%, 7d avg −0.023%
=Together, before fees−0.094%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.067% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 330.45 | 0.0097 | pay 0.0012% / 1h | 4m 07s | $8.4M | $8.9M | 10x |
| Short | Aster ARMUSDT | 330.15 | 0 | get 0.0000% / 8h | 7h 04m | $7K | $126K | 20x |
tradeXYZ xyz:ARM
Aster ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$20.34
- Price spread: −0.090% → −0.023%
- −$6.75
- Slippage, 4 orders
- −$181.85
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$234.94
- Costs to cover
- 2.078%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Aster: live order book, 2 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 tradeXYZ live order book, 4 min ago | 1.51 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 45.82 bp | 127.2 bp −$127 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0906% | 4h | 329.99 | −0.140% | $35K | $344K | 10x | as long as short |
| BloFin ARM-USDT | −0.0024% | 8h | 329.92 | −0.160% | $127K | $46K | 20x | as long as short |
| Aster ARMUSDTshort | 0.0000% | 8h | 330.15 | −0.090% | $7K | $126K | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 330.63 | +0.054% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 330.69 | +0.073% | $1.7M | $6.7M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 330.16 | −0.088% | $1K | $2.9M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 330.00 | −0.136% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 330.79 | +0.103% | $1.1M | $4.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 330.43 | −0.006% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 330.72 | +0.082% | — | — | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 330.52 | +0.021% | $90K | $285K | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 330.15 | −0.091% | $204K | $531K | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0054% | 1h | 330.75 | +0.091% | $383K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0097% | 1h | 330.45 | long leg | $8.4M | $8.9M | 10x | |
| GRVT ARM_USDT_Perp | +0.0161% | 8h | 330.18 | −0.081% | $479 | $188K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 330.30 | −0.045% | $5K | $460K | 10x | as long as short |
| Variational Omni ARM | +0.0205% | 8h | 330.08 | −0.112% | $214K | $526K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 333.61 | +0.956% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0264% | 1h | 330.67 | +0.067% | $12K | $125K | 10x | as long as short |
| Extended ARM-USD | +0.0352% | 1h | 330.49 | +0.011% | $38K | $273K | 10x | as long as short |
| Binance ARMUSDT | +0.0353% | 8h | 330.49 | +0.012% | $8.9M | $50.4M | 20x | as long as short |
| Gate ARM_USDT | +0.0399% | 8h | 330.82 | +0.112% | $1.5M | $4.1M | 50x | as long as short |
| KuCoin ARMUSDTM | +0.0832% | 8h | 330.89 | +0.133% | $2.4M | $117K | 20x | as long as short |
| Bitget ARMUSDT | +0.0888% | 8h | 330.72 | +0.082% | $1.8M | $3.9M | 20x | as long as short |
Coinbase International ARM-PERP-INTX
Ondo Perps ARM-USD.P
Polymarket Perps ARM-USD
GRVT ARM_USDT_Perp
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
Extended ARM-USD
Binance ARMUSDT
Gate ARM_USDT
KuCoin ARMUSDTM
Bitget ARMUSDT