Funding you earn now, next payment 04:00 UTC+0.0694%/8h= +76.0% APRpaid last 24h +0.133%
Price spread now: Binance against edgeX−0.059%100s7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.375% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)+1.148%+$115 · spread now −0.059%, 7d avg +0.046%
=Together, before fees+1.258%+ Points / potential airdropedgeX: Active · farm board+$126 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.105% cheaper against edgeX than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.046%). If the spread goes back, that is −$11 on $10k: about 12 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.110% in total) that is about 6.7 days. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.110% in total (about 5.7% 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 | edgeX ARMUSDC | 328.63 | −0.0569 | get 0.0285% / 4h | 1h 25m | $35K | $345K | 10x |
| Short | Binance ARMUSDT | 328.44 | 0.0125 | get 0.0125% / 8h | 5h 25m | $8.6M | $50.0M | 20x |
edgeX ARMUSDC
Binance ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $145.74
- Price spread: −0.059% → +0.046%
- −$10.5
- Slippage, 4 orders
- −$18.48
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $97.76
- Costs to cover
- 0.375%
- Break-even
- 2.3 days
Slippage from edgeX: live order book, 37 min ago; Binance: live order book, 16 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 edgeX live order book, 37 min ago | 1.68 bp | 6.7 bp −$7 | 89.4 bp −$894 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.76 bp | 10.3 bp −$10 | 24.1 bp −$241 | 89.0 bp −$8,898 | 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 ARMUSDClong | −0.0569% | 4h | 328.63 | long leg | $35K | $345K | 10x | |
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 328.97 | +0.103% | $101K | $291K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.32 | −0.095% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.44 | −0.058% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.29 | −0.104% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.97 | +0.103% | $760 | $188K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.24 | −0.119% | $903 | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.89 | −0.225% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 328.35 | −0.085% | $1.1M | $4.2M | 10x | as long as short |
| Variational Omni ARM | +0.0018% | 8h | 328.40 | −0.069% | $213K | $319K | — | as long as short |
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | +0.0028% | 8h | 328.30 | −0.101% | $128K | $48K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.18 | −0.137% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.63 | 0.000% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.40 | −0.070% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.79 | +0.048% | $202K | $406K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0082% | 1h | 328.32 | −0.095% | $8.3M | $8.8M | 10x | as long as short |
| Gate ARM_USDT | +0.0106% | 8h | 328.64 | +0.003% | $1.4M | $4.3M | 50x | as long as short |
| Phoenix ARM | +0.0122% | 1h | 329.21 | +0.176% | $5K | $434K | 10x | as long as short |
| Binance ARMUSDTshort | +0.0125% | 8h | 328.44 | −0.059% | $8.6M | $50.0M | 20x | |
| Extended ARM-USD | +0.0128% | 1h | 328.35 | −0.085% | $36K | $272K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0207% | 1h | 328.37 | −0.079% | $12K | $125K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.09 | +1.053% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0295% | 8h | 328.47 | −0.049% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0634% | 8h | 328.46 | −0.052% | $2.4M | $119K | 20x | as long as short |
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
Gate ARM_USDT
Phoenix ARM
Extended ARM-USD
Deribit ARM_USDC-PERPETUAL
Injective ARM/USDC PERP
Bitget ARMUSDT
KuCoin ARMUSDTM