Funding you earn now, next payment 08:00 UTC−0.0613%/8h= −67.2% APRpaid last 24h −0.019%
Price spread now: edgeX against Bybit−0.002%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.577% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.002%, 7d avg −0.013%
=Together, before fees−0.008%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% 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 | Bybit ARMUSDT | 323.87 | 0 | get 0.0000% / 8h | 3h 43m | $1.9M | $2.2M | 25x |
| Short | edgeX ARMUSDC | 323.86 | −0.0613 | pay 0.0307% / 4h | 3h 43m | $34K | $350K | 10x |
Bybit ARMUSDT
edgeX ARMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$128.83
- Price spread: −0.002% → −0.013%
- $1.01
- Slippage, 4 orders
- −$37.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$185.54
- Costs to cover
- 0.577%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 10 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 Bybit live order book, 4 min ago | 4.47 bp | 21.0 bp −$21 | 79.4 bp −$794 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 10 min ago | 2.00 bp | 7.1 bp −$7 | 87.5 bp −$875 | 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 | −0.0613% | 4h | 323.86 | −0.002% | $34K | $350K | 10x | |
| BloFin ARM-USDT | −0.0005% | 8h | 323.98 | +0.034% | $124K | $49K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 324.19 | +0.100% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.95 | +0.024% | $40K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 324.01 | +0.042% | $8.4M | $50.5M | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 323.87 | long leg | $1.9M | $2.2M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.90 | +0.009% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 324.06 | +0.059% | $1.5M | $4.3M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.28 | +0.127% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.10 | +0.070% | $210K | $294K | — | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 323.87 | +0.001% | $852 | $209K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.01 | +0.043% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.70 | −0.052% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 323.91 | +0.012% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 323.63 | −0.074% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.05 | +0.056% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 323.95 | +0.025% | $8.1M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.87 | 0.000% | $375K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.74 | −0.040% | $190K | $413K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 324.14 | +0.083% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | +0.176% | $95K | $306K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0219% | 8h | 324.00 | +0.040% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +1.967% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0430% | 1h | 323.88 | +0.003% | $12K | $59K | 10x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL