Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.064%
Price spread now: OKX against tradeXYZ+0.034%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.535% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 7 days−0.005%−$1 · spread now +0.034%, 7d avg +0.038%
=Together, before fees−0.189%+ Points / potential airdroptradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 328.25 | 0.0050 | pay 0.0006% / 1h | 48m 19s | $8.3M | $8.7M | 10x |
| Short | OKX ARM-USDT-SWAP | 328.36 | 0 | get 0.0000% / 8h | 5h 48m | $1.7M | $6.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$10.5
- Price spread: +0.034% → +0.038%
- −$0.47
- Slippage, 4 orders
- −$25.45
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$64.42
- Costs to cover
- 0.535%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; OKX: live order book, 5 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 | 1.22 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.76 bp | 18.8 bp −$19 | 53.7 bp −$537 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 328.31 | +0.018% | $101K | $291K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.12 | −0.038% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.27 | +0.006% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAPshort | 0.0000% | 8h | 328.36 | +0.034% | $1.7M | $6.6M | 20x | |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.38 | +0.040% | $332 | $186K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.38 | +0.040% | $956 | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.97 | −0.085% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 328.28 | +0.009% | $1.1M | $4.3M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.00 | −0.076% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.48 | +0.070% | — | — | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ARMlong | +0.0050% | 1h | 328.25 | long leg | $8.3M | $8.7M | 10x | |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.29 | +0.012% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.52 | +0.082% | $200K | $405K | 10x | as long as short |
| Variational Omni ARM | +0.0069% | 8h | 328.27 | +0.005% | $213K | $325K | — | as long as short |
| Phoenix ARM | +0.0122% | 1h | 328.45 | +0.061% | $5K | $434K | 10x | as long as short |
| Gate ARM_USDT | +0.0125% | 8h | 328.58 | +0.101% | $1.4M | $4.2M | 50x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0146% | 1h | 328.51 | +0.079% | $12K | $125K | 10x | as long as short |
| Binance ARMUSDT | +0.0176% | 8h | 328.45 | +0.061% | $8.6M | $50.1M | 20x | as long as short |
| Extended ARM-USD | +0.0176% | 1h | 328.36 | +0.034% | $36K | $273K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.57 | +0.707% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0239% | 8h | 328.38 | +0.040% | $1.8M | $3.8M | 20x | as long as short |
| edgeX ARMUSDC | +0.0581% | 4h | 328.06 | −0.059% | $35K | $346K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0701% | 8h | 328.48 | +0.070% | $2.4M | $119K | 20x | as long as short |
tradeXYZ xyz:ARM
OKX ARM-USDT-SWAP
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
Variational Omni ARM
Phoenix ARM
Gate ARM_USDT
Deribit ARM_USDC-PERPETUAL
Binance ARMUSDT
Extended ARM-USD
Injective ARM/USDC PERP
Bitget ARMUSDT
edgeX ARMUSDC
KuCoin ARMUSDTM