Funding you earn now, next payment 02:00 UTC−0.0134%/8h= −14.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.033%
Price spread now: Coinbase International against tradeXYZ−0.082%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.368%−$37 · spread now −0.082%, 7d avg −0.013%
=Together, before fees−0.340%+ Points / potential airdroptradeXYZ: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.069% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 328.49 | 0.0126 | pay 0.0016% / 1h | 2m 36s | $8.3M | $8.8M | 10x |
| Short | Coinbase International ARM-PERP-INTX | 328.22 | −0.0008 | pay 0.0001% / 1h | 2m 36s | $101K | $292K | 10x |
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$28.22
- Price spread: −0.082% → −0.013%
- −$6.93
- Slippage, 4 orders
- −$13.76
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$76.91
- Costs to cover
- 0.418%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; Coinbase International: live order book, 60 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, 6 min ago | 1.37 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 60 min ago | 2.90 bp | 9.4 bp −$9 | 17.5 bp −$175 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTXshort | −0.0008% | 1h | 328.22 | −0.082% | $101K | $292K | 10x | |
| BloFin ARM-USDT | −0.0001% | 8h | 328.22 | −0.082% | $127K | $48K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.34 | −0.045% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.50 | +0.003% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.40 | −0.027% | $1.7M | $6.7M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 328.99 | +0.152% | $213K | $314K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 329.08 | +0.180% | $658 | $192K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.07 | −0.128% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.50 | +0.003% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 328.41 | −0.024% | $1.1M | $4.1M | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 328.08 | −0.125% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.55 | +0.018% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.40 | −0.027% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.81 | −0.207% | $203K | $400K | 10x | as long as short |
| Binance ARMUSDT | +0.0078% | 8h | 328.44 | −0.014% | $8.6M | $50.0M | 20x | as long as short |
| Extended ARM-USD | +0.0080% | 1h | 328.34 | −0.047% | $36K | $268K | 10x | as long as short |
| Phoenix ARM | +0.0122% | 1h | 328.97 | +0.146% | $5K | $434K | 10x | as long as short |
| Gate ARM_USDT | +0.0125% | 8h | 328.65 | +0.049% | $1.5M | $4.3M | 50x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0126% | 1h | 328.49 | long leg | $8.3M | $8.8M | 10x | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.31 | +1.163% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0269% | 8h | 328.73 | +0.073% | $1.8M | $3.8M | 20x | as long as short |
| edgeX ARMUSDC | +0.0319% | 4h | 328.94 | +0.138% | $35K | $348K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0555% | 8h | 328.42 | −0.021% | $2.4M | $118K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0788% | 1h | 328.04 | −0.137% | $12K | $125K | 10x | as long as short |
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Binance ARMUSDT
Extended ARM-USD
Phoenix ARM
Gate ARM_USDT
Injective ARM/USDC PERP
Bitget ARMUSDT
edgeX ARMUSDC
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL