Funding you earn now, next payment 04:00 UTC+0.0906%/8h= +99.2% APRpaid last 24h −0.043%
Price spread now: Bybit against edgeX+0.137%61s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as 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−$490.485% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 3 days (all we have)−0.116%−$12 · spread now +0.137%, 7d avg +0.015%
=Together, before fees−0.166%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Bybit is 0.122% dearer against edgeX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.015%. The two prices were read 61 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 -0.050% in total (about -2.6% 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 | 329.99 | −0.0906 | get 0.0453% / 4h | 3h 02m | $35K | $344K | 10x |
| Short | Bybit ARMUSDT | 330.44 | 0 | get 0.0000% / 8h | 7h 02m | $2.0M | $2.2M | 25x |
edgeX ARMUSDC
Bybit ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $190.29
- Price spread: +0.137% → +0.015%
- $12.2
- Slippage, 4 orders
- −$28.55
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $153.95
- Costs to cover
- 0.485%
- Break-even
- 1.3 days
Slippage from edgeX: live order book, 6 min ago; Bybit: live order book, 4 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, 6 min ago | 1.36 bp | 6.4 bp −$6 | 91.5 bp −$915 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.73 bp | 12.5 bp −$12 | 80.7 bp −$807 | 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 ARMUSDClong | −0.0906% | 4h | 329.99 | long leg | $35K | $344K | 10x | |
| Aster ARMUSDT | 0.0000% | 8h | 330.00 | +0.005% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 330.44 | +0.137% | $2.0M | $2.2M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 330.39 | +0.122% | $1.7M | $6.7M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 330.32 | +0.101% | $859 | $2.9M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 330.00 | +0.004% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 330.20 | +0.065% | $1.1M | $4.5M | 10x | as long as short |
| BloFin ARM-USDT | +0.0029% | 8h | 330.66 | +0.204% | $128K | $46K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 330.06 | +0.022% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 330.48 | +0.150% | — | — | 10x | as long as short |
Aster ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 330.52 | +0.162% | $90K | $287K | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 330.28 | +0.089% | $382K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 330.24 | +0.077% | $204K | $531K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0093% | 1h | 330.25 | +0.080% | $8.4M | $8.9M | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0142% | 8h | 330.42 | +0.131% | $473 | $187K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 330.62 | +0.192% | $5K | $460K | 10x | as long as short |
| Variational Omni ARM | +0.0205% | 8h | 330.08 | +0.028% | $214K | $526K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 333.61 | +1.098% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0326% | 1h | 330.26 | +0.083% | $12K | $125K | 10x | as long as short |
| Extended ARM-USD | +0.0352% | 1h | 330.22 | +0.069% | $38K | $273K | 10x | as long as short |
| Binance ARMUSDT | +0.0356% | 8h | 330.37 | +0.115% | $8.9M | $50.4M | 20x | as long as short |
| Gate ARM_USDT | +0.0421% | 8h | 330.66 | +0.204% | $1.5M | $4.1M | 50x | as long as short |
| KuCoin ARMUSDTM | +0.0837% | 8h | 330.69 | +0.213% | $2.4M | $116K | 20x | as long as short |
| Bitget ARMUSDT | +0.0898% | 8h | 330.36 | +0.113% | $1.8M | $3.9M | 20x | as long as short |
Coinbase International ARM-PERP-INTX
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
GRVT ARM_USDT_Perp
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
Extended ARM-USD
Binance ARMUSDT
Gate ARM_USDT
KuCoin ARMUSDTM
Bitget ARMUSDT