Funding you earn now, next payment 07:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h −0.084%
Price spread now: Coinbase International against Deribit+0.037%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.037% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARM_USDC-PERPETUAL | 321.06 | 0 | get 0.0000% / 1h | 54m 32s | $12K | $59K | 10x |
| Short | Coinbase International ARM-PERP-INTX | 321.18 | 0.0160 | get 0.0020% / 1h | 54m 32s | $97K | $291K | 10x |
Deribit ARM_USDC-PERPETUAL
Coinbase International ARM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- $33.6
- Price spread: +0.037% → 0.000%
- $3.74
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $20.34
- Costs to cover
- 0.170%
- Break-even
- 2.8 days
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 48 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 48 min ago | 8.13 bp | 13.1 bp −$13 | 15.6 bp −$156 | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0716% | 8h | 321.55 | +0.153% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0013% | 8h | 320.95 | −0.034% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.39 | +0.103% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.36 | +0.093% | $35K | $319K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.48 | +0.131% | $8.3M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.45 | +0.121% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.38 | +0.100% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.36 | +0.093% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.00 | −0.020% | $185K | $276K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.05 | −0.004% | $642 | $232K | 10x | as long as short |
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 320.92 | −0.044% | $1K | $2.5M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALlong | 0.0000% | 1h | 321.06 | long leg | $12K | $59K | 10x | |
| HTX ARM-USDT | 0.0000% | 8h | 320.87 | −0.059% | $18K | $15K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.43 | +0.115% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.25 | +0.059% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.47 | +0.128% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.44 | +0.118% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.01 | −0.016% | $183K | $438K | 10x | as long as short |
| edgeX ARMUSDC | +0.0052% | 4h | 321.06 | −0.001% | $34K | $352K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.40 | +0.106% | $2.3M | $119K | 20x | as long as short |
| Coinbase International ARM-PERP-INTXshort | +0.0160% | 1h | 321.18 | +0.037% | $97K | $291K | 10x | |
| Phoenix ARM | +0.0199% | 1h | 321.11 | +0.016% | $5K | $444K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0200% | 1h | 321.59 | +0.165% | $8.2M | $8.6M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.38 | +1.034% | $5K | $49K | 12x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
edgeX ARMUSDC
KuCoin ARMUSDTM
Phoenix ARM
tradeXYZ xyz:ARM
Injective ARM/USDC PERP