Funding you earn now, next payment 09:00 UTC+0.0535%/8h= +58.6% APRnext payment +$0.67 per $10,000 · paid last 24h +0.035%
Price spread now: Deribit against tradeXYZ+0.063%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Deribit is 0.063% dearer against tradeXYZ than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 318.45 | 0.0126 | pay 0.0016% / 1h | 37m 20s | $8.1M | $8.6M | 10x |
| Short | Deribit ARM_USDC-PERPETUAL | 318.65 | 0.0661 | get 0.0083% / 1h | 37m 20s | $12K | $56K | 10x |
tradeXYZ xyz:ARM
Deribit ARM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $112.42
- Price spread: +0.063% → 0.000%
- $6.28
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $93.7
- Costs to cover
- 0.250%
- Break-even
- 1.2 days
Slippage unknown: tradeXYZ: live order book, 11 min ago; Deribit: 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 tradeXYZ live order book, 11 min ago | 0.78 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | −0.0798% | 8h | 318.74 | +0.091% | $612 | $238K | 10x | as long as short |
| Bitget ARMUSDT | −0.0405% | 8h | 318.61 | +0.050% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0027% | 8h | 318.23 | −0.069% | $121K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 318.18 | −0.084% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 318.40 | −0.014% | $31K | $316K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 318.48 | +0.009% | $8.1M | $49.9M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 318.39 | −0.019% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 318.35 | −0.031% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 318.47 | +0.006% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 318.62 | +0.053% | $183K | $253K | — | as long as short |
GRVT ARM_USDT_Perp
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 318.84 | +0.122% | $1K | $2.3M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 318.45 | 0.000% | $18K | $14K | 20x | as long as short |
| QFEX ARM-USD | +0.0020% | 1h | 318.57 | +0.038% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 318.30 | −0.047% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 318.70 | +0.079% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 318.15 | −0.094% | $368K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 318.50 | +0.016% | $186K | $432K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 318.32 | −0.041% | $2.3M | $152K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0104% | 1h | 319.39 | +0.295% | $98K | $279K | 10x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0126% | 1h | 318.45 | long leg | $8.1M | $8.6M | 10x | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +1.963% | $5K | $44K | 12x | as long as short |
| edgeX ARMUSDC | +0.0223% | 4h | 318.42 | −0.011% | $35K | $359K | 10x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 318.76 | +0.097% | $5K | $414K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALshort | +0.0661% | 1h | 318.65 | +0.063% | $12K | $56K | 10x |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
edgeX ARMUSDC
Phoenix ARM