Funding you earn now, next payment 06:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.002%
Price spread now: Phoenix against tradeXYZ+0.009%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.620% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.009%, 7d avg +0.010%
=Together, before fees+0.050%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, 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 | 320.28 | 0.0143 | pay 0.0018% / 1h | 43m 30s | $8.1M | $8.7M | 10x |
| Short | Phoenix ARM | 320.31 | 0.0199 | get 0.0025% / 1h | 43m 30s | $5K | $444K | 10x |
tradeXYZ xyz:ARM
Phoenix ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $11.78
- Price spread: +0.009% → +0.010%
- −$0.06
- Slippage, 4 orders
- −$37.04
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$50.32
- Costs to cover
- 0.620%
- Break-even
- 36.9 days
Slippage from tradeXYZ: live order book, 5 min ago; Phoenix: live order book, 64 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, 5 min ago | 1.09 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 64 min ago | 6.51 bp | 18.9 bp −$19 | 40.8 bp −$408 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0827% | 8h | 320.32 | +0.012% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0054% | 4h | 320.23 | −0.015% | $34K | $353K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.00 | −0.087% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.14 | −0.045% | $36K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.20 | −0.024% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.09 | −0.059% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.18 | −0.031% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.26 | −0.006% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.01 | −0.083% | $184K | $287K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.10 | −0.056% | $653 | $226K | 10x | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 320.10 | −0.056% | $1K | $2.5M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 320.09 | −0.059% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.97 | −0.097% | $18K | $17K | 20x | as long as short |
| BloFin ARM-USDT | +0.0004% | 8h | 320.02 | −0.081% | $122K | $51K | 20x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 320.23 | −0.016% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.98 | −0.094% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.36 | +0.025% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.14 | −0.044% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.98 | −0.094% | $184K | $433K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.39 | +0.034% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0143% | 1h | 320.28 | long leg | $8.1M | $8.7M | 10x | |
| Phoenix ARMshort | +0.0199% | 1h | 320.31 | +0.009% | $5K | $444K | 10x | |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 321.23 | +0.297% | $100K | $296K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.40 | +1.286% | $5K | $50K | 12x | as long as short |
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
BloFin 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