Funding you earn now, next payment 02:00 UTC−0.0110%/8h= −12.1% APRpaid last 24h —
Price spread now: Lighter against Variational Omni−0.087%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter is 0.087% cheaper against Variational Omni than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARM | 329.17 | 0.0142 | pay 0.0142% / 8h | 6h 23m | $214K | $333K | — |
| Short | Lighter ARM | 328.88 | 0.0032 | get 0.0004% / 1h | 23m 47s | — | — | 10x |
Variational Omni ARM
Lighter ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- −$23.17
- Price spread: −0.087% → 0.000%
- −$8.68
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$31.85
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 45 min ago; Lighter: 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 Variational Omni RFQ quote, 45 min ago | 5.51 bp | doesn't fit | 86.7 bp −$867 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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 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 | −0.0024% | 1h | 328.06 | −0.336% | $99K | $287K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.94 | −0.070% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 329.05 | −0.035% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 329.17 | +0.001% | $1.7M | $6.7M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.79 | −0.114% | $727 | $185K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.96 | −0.062% | $1K | $2.9M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 329.22 | +0.016% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0015% | 1h | 329.03 | −0.041% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 328.88 | −0.087% | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 329.15 | −0.005% | — | — | 10x | as long as short |
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Vest ARM-USD-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ARM | +0.0050% | 1h | 329.00 | −0.050% | $8.3M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 329.01 | −0.047% | $381K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.74 | −0.129% | $204K | $406K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.39 | −0.236% | $5K | $444K | 10x | as long as short |
| Variational Omni ARMlong | +0.0142% | 8h | 329.17 | long leg | $214K | $333K | — | |
| edgeX ARMUSDC | +0.0157% | 4h | 328.73 | −0.132% | $35K | $344K | 10x | as long as short |
| Gate ARM_USDT | +0.0180% | 8h | 329.36 | +0.059% | $1.5M | $4.2M | 50x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.58 | +0.733% | $5K | $50K | 12x | as long as short |
| Binance ARMUSDT | +0.0264% | 8h | 329.01 | −0.046% | $8.7M | $50.5M | 20x | as long as short |
| Extended ARM-USD | +0.0264% | 1h | 329.02 | −0.046% | $36K | $274K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0328% | 1h | 329.13 | −0.011% | $12K | $125K | 10x | as long as short |
| Bitget ARMUSDT | +0.0519% | 8h | 329.08 | −0.026% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0791% | 8h | 329.13 | −0.011% | $2.4M | $121K | 20x | as long as short |
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
edgeX ARMUSDC
Gate ARM_USDT
Injective ARM/USDC PERP
Binance ARMUSDT
Extended ARM-USD
Deribit ARM_USDC-PERPETUAL
Bitget ARMUSDT
KuCoin ARMUSDTM