Funding you earn now, next payment 04:00 UTC−0.1346%/8h= −147.3% APRpaid last 24h −0.002%
Price spread now: edgeX against Binance+0.374%70s7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.335% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 2 days (all we have)−0.420%−$42 · spread now +0.374%, 7d avg −0.023%
=Together, before fees−0.413%+ Points / potential airdropedgeX: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.397% dearer against Binance than usual: you sell high and buy low (spread +0.374% now, against its 7-day average of −0.023%): +$40 on $10k if it goes back. Holding the pair costs −$40 a day in funding at the current rate, which eats that in about 24 hours. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% 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 | Binance ARMUSDT | 330.29 | 0.0350 | pay 0.0350% / 8h | 7h 24m | $8.9M | $50.5M | 20x |
| Short | edgeX ARMUSDC | 331.52 | −0.0996 | pay 0.0498% / 4h | 3h 24m | $35K | $352K | 10x |
Binance ARMUSDT
edgeX ARMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$282.57
- Price spread: +0.374% → −0.023%
- $39.69
- Slippage, 4 orders
- −$14.53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$276.41
- Costs to cover
- 0.335%
- Break-even
- from the start
Slippage from Binance: live order book, 3 min ago; edgeX: live order book, 49 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 Binance live order book, 3 min ago | 0.30 bp | 10.3 bp −$10 | 29.9 bp −$299 | 88.5 bp −$8,846 | doesn't fit |
| Sell edgeX live order book, 49 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDCshort | −0.0996% | 4h | 331.52 | +0.374% | $35K | $352K | 10x | |
| BloFin ARM-USDT | −0.0016% | 8h | 331.08 | +0.239% | $127K | $46K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 330.25 | −0.013% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 330.31 | +0.006% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 330.25 | −0.012% | $1.7M | $6.7M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 330.68 | +0.118% | $1K | $3.0M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 330.96 | +0.203% | $12K | $125K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 331.33 | +0.315% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 330.32 | +0.009% | $1.1M | $4.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 330.29 | 0.000% | — | — | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
QFEX ARM-USD
Lighter ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ARM-USD-PERP | +0.0046% | 1h | 330.76 | +0.142% | — | — | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | −1.317% | $89K | $282K | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0054% | 1h | 330.65 | +0.109% | $205K | $522K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0056% | 8h | 331.40 | +0.335% | $418 | $190K | 10x | as long as short |
| Gate ARM_USDT | +0.0141% | 8h | 330.52 | +0.070% | $1.5M | $4.1M | 50x | as long as short |
| Polymarket Perps ARM-USD | +0.0166% | 1h | 330.34 | +0.015% | $382K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0180% | 1h | 330.29 | 0.000% | $8.3M | $8.8M | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 330.96 | +0.203% | $5K | $460K | 10x | as long as short |
| Variational Omni ARM | +0.0213% | 8h | 331.06 | +0.233% | $215K | $528K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.89 | +0.484% | $5K | $50K | 12x | as long as short |
| Binance ARMUSDTlong | +0.0350% | 8h | 330.29 | long leg | $8.9M | $50.5M | 20x | |
| Extended ARM-USD | +0.0352% | 1h | 330.33 | +0.011% | $38K | $334K | 10x | as long as short |
| Bitget ARMUSDT | +0.0714% | 8h | 330.30 | +0.003% | $1.8M | $3.9M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0778% | 8h | 330.68 | +0.118% | $2.4M | $116K | 20x | as long as short |
Vest ARM-USD-PERP
Coinbase International ARM-PERP-INTX
Ondo Perps ARM-USD.P
GRVT ARM_USDT_Perp
Gate ARM_USDT
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Extended ARM-USD
Bitget ARMUSDT
KuCoin ARMUSDTM