Funding you earn now, next payment 03:00 UTC−0.0645%/8h= −70.6% APRpaid last 24h −0.104%
Price spread now: edgeX against Coinbase International−0.003%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days−0.270%−$27 on $10k
+Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.003%, 7d avg +0.029%
=Together, before fees−0.079%+ Points / potential airdropedgeX: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and edgeX is 0.031% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.270% in total (about -14.1% 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 | Coinbase International ARM-PERP-INTX | 327.37 | 0.0088 | pay 0.0011% / 1h | 37m 17s | $98K | $301K | 10x |
| Short | edgeX ARMUSDC | 327.36 | −0.0557 | pay 0.0278% / 4h | 37m 17s | $35K | $347K | 10x |
Coinbase International ARM-PERP-INTX
edgeX ARMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Coinbase International. 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
- −$135.39
- Price spread: −0.003% → +0.029%
- −$3.14
- Slippage, 4 orders
- −$14.28
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$171.81
- Costs to cover
- 0.333%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 21 min ago; edgeX: live order book, 21 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 Coinbase International live order book, 21 min ago | 4.72 bp | 10.0 bp −$10 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 21 min ago | 0.91 bp | 6.1 bp −$6 | 92.2 bp −$922 | 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 | −0.0557% | 4h | 327.36 | −0.003% | $35K | $347K | 10x | |
| Aster ARMUSDT | 0.0000% | 8h | 327.43 | +0.019% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.44 | +0.021% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.50 | +0.040% | $1.7M | $6.7M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 327.44 | +0.021% | $212K | $308K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.54 | +0.052% | $675 | $196K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.35 | −0.006% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.05 | −0.098% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 327.43 | +0.018% | $1.1M | $4.0M | 10x | as long as short |
| BloFin ARM-USDT | +0.0026% | 8h | 327.35 | −0.006% | $128K | $49K | 20x | as long as short |
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 327.13 | −0.073% | — | — | 10x | as long as short |
| Extended ARM-USD | +0.0032% | 1h | 327.29 | −0.024% | $39K | $271K | 10x | as long as short |
| Binance ARMUSDT | +0.0032% | 8h | 327.48 | +0.035% | $8.6M | $50.0M | 20x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.64 | +0.082% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 327.43 | +0.018% | $8.3M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.33 | −0.012% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.48 | +0.034% | $202K | $405K | 10x | as long as short |
| Bitget ARMUSDT | +0.0075% | 8h | 327.44 | +0.021% | $1.8M | $3.9M | 20x | as long as short |
| Coinbase International ARM-PERP-INTXlong | +0.0088% | 1h | 327.37 | long leg | $98K | $301K | 10x | |
| Gate ARM_USDT | +0.0113% | 8h | 327.54 | +0.052% | $1.5M | $4.3M | 50x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 327.36 | −0.003% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.69 | +1.014% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0449% | 8h | 327.51 | +0.043% | $2.3M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0789% | 1h | 327.50 | +0.040% | $12K | $125K | 10x | as long as short |
Lighter ARM
Extended ARM-USD
Binance ARMUSDT
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Bitget ARMUSDT
Gate ARM_USDT
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL