Funding you earn now, next payment 05:00 UTC−0.0557%/8h= −61.0% APRpaid last 24h −0.123%
Price spread now: SunX against Deribit+0.047%7-day average −0.023% · 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)−0.213%−$21 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.047%, 7d avg −0.023%
=The price spread pays, funding is against you. SunX is 0.070% dearer against Deribit than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.023%): +$7 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 4 days (−0.213% in total) that is about 30 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.213% in total (about -20.1% 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 | Deribit ARM_USDC-PERPETUAL | 322.33 | 0.0557 | pay 0.0070% / 1h | 13m 40s | $12K | $59K | 10x |
| Short | SunX ARM-USDT | 322.48 | 0 | get 0.0000% / 8h | 3h 13m | $871 | $2.6M | 10x |
Deribit ARM_USDC-PERPETUAL
SunX ARM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$117.03
- Price spread: +0.047% → −0.023%
- $6.96
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$125.07
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; SunX: live order book, 4 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 SunX live order book, 4 min ago | 500.16 bp | doesn't fit | doesn't fit | 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 | −0.0297% | 8h | 322.66 | +0.102% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDT | −0.0019% | 8h | 322.16 | −0.053% | $123K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.18 | −0.046% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.25 | −0.025% | $37K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.34 | +0.003% | $8.3M | $50.7M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.31 | −0.006% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.17 | −0.050% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.46 | +0.040% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.49 | +0.049% | $208K | $288K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.06 | −0.084% | $741 | $216K | 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-USDTshort | 0.0000% | 8h | 322.48 | +0.047% | $871 | $2.6M | 10x | |
| HTX ARM-USDT | 0.0000% | 8h | 321.59 | −0.230% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 322.33 | 0.000% | $1.1M | $3.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.19 | −0.043% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.44 | +0.034% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.22 | −0.034% | $373K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.97 | −0.112% | $186K | $416K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 321.76 | −0.177% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 322.33 | 0.000% | $100K | $314K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0128% | 1h | 322.40 | +0.022% | $8.1M | $8.7M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0133% | 8h | 322.38 | +0.016% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.93 | +0.807% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUALlong | +0.0557% | 1h | 322.33 | long leg | $12K | $59K | 10x | |
| edgeX ARMUSDC | +0.0906% | 4h | 322.13 | −0.063% | $34K | $351K | 10x | as long as short |
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
Injective ARM/USDC PERP
edgeX ARMUSDC