Funding you earn now, next payment 02:00 UTC+0.1070%/8h= +117.1% APRpaid last 24h −0.014%
Price spread now: Extended against edgeX−0.292%73s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as 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−$410.413% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)+0.372%+$37 · spread now −0.292%, 7d avg −0.009%
=Together, before fees+0.331%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.283% cheaper against edgeX than usual: you would sell low and buy high (spread −0.292% now, against its 7-day average of −0.009%). If the spread goes back, that is −$28 on $10k: about 21 hours of funding at the current rate (+$32 a day). The two prices were read 73 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 -0.041% in total (about -2.1% 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 | edgeX ARMUSDC | 328.66 | −0.0774 | get 0.0387% / 4h | 2h 38m | $35K | $344K | 10x |
| Short | Extended ARM-USD | 327.70 | 0.0296 | get 0.0037% / 1h | 38m 07s | $36K | $278K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $224.66
- Price spread: −0.292% → −0.009%
- −$28.26
- Slippage, 4 orders
- −$27.31
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $155.1
- Costs to cover
- 0.413%
- Break-even
- 2.2 days
Slippage from edgeX: live order book, 30 min ago; Extended: live order book, 29 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, 30 min ago | 1.36 bp | 6.4 bp −$6 | 91.5 bp −$915 | doesn't fit | doesn't fit |
| Sell Extended live order book, 29 min ago | 3.03 bp | 14.2 bp −$14 | 91.8 bp −$918 | 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 | −0.0774% | 4h | 328.66 | long leg | $35K | $344K | 10x | |
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.06 | −0.184% | $99K | $289K | 10x | as long as short |
| BloFin ARM-USDT | −0.0010% | 8h | 329.28 | +0.188% | $128K | $46K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.07 | −0.181% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.89 | −0.235% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.80 | −0.263% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.44 | −0.067% | $650 | $186K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.99 | −0.205% | $1K | $2.9M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 327.66 | −0.305% | $12K | $125K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.39 | −0.083% | $18K | $16K | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0015% | 1h | 327.82 | −0.257% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.60 | −0.324% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.07 | −0.181% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 327.76 | −0.275% | $8.3M | $9.0M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.80 | −0.263% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.70 | −0.293% | $201K | $535K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.58 | −0.025% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0176% | 8h | 328.32 | −0.105% | $213K | $438K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 333.76 | +1.551% | $5K | $50K | 12x | as long as short |
| Gate ARM_USDT | +0.0221% | 8h | 328.01 | −0.199% | $1.5M | $4.2M | 50x | as long as short |
| Extended ARM-USDshort | +0.0296% | 1h | 327.70 | −0.292% | $36K | $278K | 10x | |
| Binance ARMUSDT | +0.0297% | 8h | 327.82 | −0.255% | $8.7M | $50.6M | 20x | as long as short |
| Bitget ARMUSDT | +0.0656% | 8h | 327.93 | −0.223% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0815% | 8h | 328.00 | −0.202% | $2.4M | $121K | 20x | as long as short |
edgeX ARMUSDC
Extended ARM-USD
Coinbase International ARM-PERP-INTX
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Lighter ARM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Gate ARM_USDT
Binance ARMUSDT
Bitget ARMUSDT
KuCoin ARMUSDTM