Funding you earn now, next payment 01:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h —
Price spread now: Lighter against Bitget−0.171%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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.171% cheaper against Bitget than usual: you would sell low and buy high (−$17 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 | Bitget ARMUSDT | 327.36 | 0.0057 | pay 0.0057% / 8h | 7h 52m | $1.8M | $3.9M | 20x |
| Short | Lighter ARM | 326.80 | 0.0032 | get 0.0004% / 1h | 52m 48s | — | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- −$5.25
- Price spread: −0.171% → 0.000%
- −$17.11
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$34.36
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 7.04 bp | 19.9 bp −$20 | 33.6 bp −$336 | 120.5 bp −$12.0K | 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 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 ARMUSDC | −0.0267% | 4h | 326.99 | −0.114% | $35K | $351K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 327.56 | +0.062% | $7K | $126K | 20x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.27 | −0.027% | $1.7M | $6.6M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.08 | −0.086% | $1K | $3.1M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.01 | −0.107% | $18K | $17K | 20x | as long as short |
| BloFin ARM-USDT | +0.0004% | 8h | 326.94 | −0.128% | $124K | $44K | 20x | as long as short |
| Bybit ARMUSDT | +0.0017% | 8h | 327.40 | +0.012% | $2.0M | $2.1M | 25x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 327.02 | −0.104% | $1.1M | $4.7M | 10x | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 326.80 | −0.171% | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.14 | −0.067% | — | — | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | −0.434% | $89K | $286K | 10x | as long as short |
| Bitget ARMUSDTlong | +0.0057% | 8h | 327.36 | long leg | $1.8M | $3.9M | 20x | |
| Deribit ARM_USDC-PERPETUAL | +0.0178% | 1h | 326.98 | −0.116% | $12K | $125K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 326.93 | −0.131% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 329.18 | +0.556% | $5K | $50K | 12x | as long as short |
| Variational Omni ARM | +0.0238% | 8h | 327.53 | +0.052% | $210K | $527K | — | as long as short |
| GRVT ARM_USDT_Perp | +0.0282% | 8h | 326.66 | −0.214% | $830 | $196K | 10x | as long as short |
| Gate ARM_USDT | +0.0351% | 8h | 327.51 | +0.046% | $1.5M | $4.0M | 50x | as long as short |
| Binance ARMUSDT | +0.0359% | 8h | 327.35 | −0.005% | $8.7M | $50.3M | 20x | as long as short |
| Extended ARM-USD | +0.0360% | 1h | 327.21 | −0.046% | $36K | $193K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0749% | 8h | 327.43 | +0.021% | $2.3M | $117K | 20x | as long as short |
| Ondo Perps ARM-USD.P | +0.1094% | 1h | 326.97 | −0.119% | $208K | $532K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.1621% | 1h | 327.42 | +0.018% | $8.1M | $8.4M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.1688% | 1h | 326.99 | −0.113% | $384K | $1.3M | 10x | as long as short |
Bitget ARMUSDT
Lighter ARM
edgeX ARMUSDC
Aster ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Bybit ARMUSDT
Coinbase International ARM-PERP-INTX
Deribit ARM_USDC-PERPETUAL
Phoenix ARM
Injective ARM/USDC PERP
Variational Omni ARM
GRVT ARM_USDT_Perp
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD