Funding you earn now, next payment 02:00 UTC+0.0195%/8h= +21.3% APRpaid last 24h −0.009%
Price spread now: Binance against tradeXYZ+0.050%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$490.492% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 2 days (all we have)+0.044%+$4 · spread now +0.050%, 7d avg +0.035%
=Together, before fees−0.092%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.136%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.136% in total (about -7.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 327.87 | 0.0050 | pay 0.0006% / 1h | 16m 06s | $8.3M | $8.9M | 10x |
| Short | Binance ARMUSDT | 328.03 | 0.0245 | get 0.0245% / 8h | 6h 16m | $8.6M | $50.4M | 20x |
tradeXYZ xyz:ARM
Binance ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $40.94
- Price spread: +0.050% → +0.035%
- $1.56
- Slippage, 4 orders
- −$21.21
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$6.72
- Costs to cover
- 0.492%
- Break-even
- 8.1 days
Slippage from tradeXYZ: live order book, 3 min ago; Binance: live order book, 11 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, 3 min ago | 4.11 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.37 bp | 10.8 bp −$11 | 30.3 bp −$303 | 88.0 bp −$8,796 | doesn't fit |
ARM on 23 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 | −0.0373% | 4h | 328.22 | +0.107% | $35K | $346K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.15 | +0.085% | $99K | $288K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.12 | +0.077% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.92 | +0.015% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.97 | +0.030% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.23 | +0.110% | $853 | $186K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.36 | +0.149% | $1K | $2.8M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.57 | +0.213% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0015% | 1h | 328.16 | +0.088% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.93 | +0.018% | — | — | 10x | as long as short |
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.20 | +0.101% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0050% | 1h | 327.87 | long leg | $8.3M | $8.9M | 10x | |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.04 | +0.052% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.07 | +0.061% | $201K | $402K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.81 | +0.287% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0121% | 8h | 328.01 | +0.044% | $213K | $331K | — | as long as short |
| Gate ARM_USDT | +0.0160% | 8h | 328.26 | +0.119% | $1.5M | $4.2M | 50x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0207% | 1h | 328.13 | +0.079% | $12K | $125K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.02 | +1.266% | $5K | $50K | 12x | as long as short |
| Binance ARMUSDTshort | +0.0245% | 8h | 328.03 | +0.050% | $8.6M | $50.4M | 20x | |
| Extended ARM-USD | +0.0248% | 1h | 328.10 | +0.070% | $36K | $273K | 10x | as long as short |
| Bitget ARMUSDT | +0.0479% | 8h | 328.32 | +0.137% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0774% | 8h | 328.21 | +0.104% | $2.4M | $120K | 20x | as long as short |
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Variational Omni ARM
Gate ARM_USDT
Deribit ARM_USDC-PERPETUAL
Injective ARM/USDC PERP
Extended ARM-USD
Bitget ARMUSDT
KuCoin ARMUSDTM