Funding you earn now, next payment 01:00 UTC−0.0355%/8h= −38.9% APRpaid last 24h −0.014%
Price spread now: edgeX against tradeXYZ−0.241%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 3 days (all we have)+0.228%+$23 · spread now −0.241%, 7d avg +0.014%
=Together, before fees+0.099%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and edgeX is 0.255% cheaper against tradeXYZ than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.130% in total (about -6.8% 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 | 330.42 | 0.0952 | pay 0.0119% / 1h | 47m 43s | $8.2M | $8.5M | 10x |
| Short | edgeX ARMUSDC | 329.62 | 0.0597 | get 0.0298% / 4h | 3h 47m | $35K | $352K | 10x |
tradeXYZ xyz:ARM
edgeX ARMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$74.6
- Price spread: −0.241% → +0.014%
- −$25.48
- Slippage, 4 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$134.09
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; edgeX: live order book, 26 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, 10 min ago | 0.77 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 26 min ago | 1.38 bp | 6.4 bp −$6 | 80.9 bp −$809 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0025% | 8h | 329.75 | −0.203% | $125K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 330.12 | −0.090% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 330.46 | +0.012% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 330.54 | +0.036% | $1.7M | $6.7M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 329.18 | −0.375% | $1K | $3.1M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 329.03 | −0.421% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 330.54 | +0.036% | $1.1M | $4.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 330.35 | −0.021% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 330.05 | −0.112% | — | — | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | −1.356% | $89K | $286K | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Coinbase International ARM-PERP-INTXShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | +0.0172% | 8h | 327.04 | −1.024% | $831 | $196K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 328.70 | −0.521% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 329.18 | −0.375% | $5K | $50K | 12x | as long as short |
| Variational Omni ARM | +0.0242% | 8h | 328.75 | −0.506% | $213K | $528K | — | as long as short |
| Bitget ARMUSDT | +0.0245% | 8h | 330.40 | −0.006% | $1.8M | $4.0M | 20x | as long as short |
| Gate ARM_USDT | +0.0251% | 8h | 330.77 | +0.106% | $1.5M | $4.0M | 50x | as long as short |
| Extended ARM-USD | +0.0360% | 1h | 330.43 | +0.003% | $36K | $212K | 10x | as long as short |
| Binance ARMUSDT | +0.0362% | 8h | 330.51 | +0.026% | $8.8M | $50.4M | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0417% | 1h | 330.17 | −0.076% | $12K | $125K | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0506% | 1h | 329.83 | −0.179% | $208K | $527K | 10x | as long as short |
| edgeX ARMUSDCshort | +0.0597% | 4h | 329.62 | −0.241% | $35K | $352K | 10x | |
| KuCoin ARMUSDTM | +0.0753% | 8h | 330.50 | +0.024% | $2.4M | $117K | 20x | as long as short |
| Polymarket Perps ARM-USD | +0.0923% | 1h | 330.06 | −0.109% | $382K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0952% | 1h | 330.42 | long leg | $8.2M | $8.5M | 10x |
GRVT ARM_USDT_Perp
Phoenix ARM
Injective ARM/USDC PERP
Variational Omni ARM
Bitget ARMUSDT
Gate ARM_USDT
Extended ARM-USD
Binance ARMUSDT
Deribit ARM_USDC-PERPETUAL
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Polymarket Perps ARM-USD