Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against Coinbase International−0.104%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$490.495% of the position
Funding, last 7 days−0.192%−$19 on $10k
+Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.104%, 7d avg +0.016%
=Together, before fees+0.117%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.120% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARM-PERP-INTX | 326.96 | 0.0088 | pay 0.0011% / 1h | 12m 26s | $98K | $303K | 10x |
| Short | Extended ARM-USD | 326.62 | 0 | get 0.0000% / 1h | 12m 26s | $36K | $270K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$18.48
- Price spread: −0.104% → +0.016%
- −$12.03
- Slippage, 4 orders
- −$34.47
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$79.98
- Costs to cover
- 0.495%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 46 min ago; Extended: live order book, 45 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, 46 min ago | 4.72 bp | 10.0 bp −$10 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Extended live order book, 45 min ago | 2.44 bp | 13.9 bp −$14 | 122.6 bp −$1,226 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0025% | 8h | 326.37 | −0.180% | $127K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 326.63 | −0.102% | $7K | $126K | 20x | as long as short |
| Extended ARM-USDshort | 0.0000% | 1h | 326.62 | −0.104% | $36K | $270K | 10x | |
| Binance ARMUSDT | 0.0000% | 8h | 326.75 | −0.064% | $8.6M | $50.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 326.66 | −0.092% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 326.60 | −0.110% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 326.77 | −0.058% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 326.77 | −0.059% | $212K | $302K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 326.52 | −0.134% | $359 | $201K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 326.53 | −0.132% | $1K | $2.7M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 326.84 | −0.037% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 326.63 | −0.101% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 326.60 | −0.110% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 326.72 | −0.073% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 326.59 | −0.113% | $8.2M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 326.58 | −0.116% | $378K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 326.48 | −0.147% | $196K | $414K | 10x | as long as short |
| Gate ARM_USDT | +0.0067% | 8h | 326.81 | −0.046% | $1.5M | $4.3M | 50x | as long as short |
| Coinbase International ARM-PERP-INTXlong | +0.0088% | 1h | 326.96 | long leg | $98K | $303K | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0148% | 1h | 326.72 | −0.073% | $12K | $59K | 10x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 326.49 | −0.144% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.01 | +0.933% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0336% | 8h | 326.69 | −0.083% | $2.3M | $119K | 20x | as long as short |
| edgeX ARMUSDC | +0.0532% | 4h | 326.45 | −0.155% | $35K | $350K | 10x | as long as short |
Coinbase International ARM-PERP-INTX
Extended ARM-USD
BloFin ARM-USDT
Aster ARMUSDT
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
Deribit ARM_USDC-PERPETUAL
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
edgeX ARMUSDC