Funding you earn now, next payment 04:00 UTC−0.0751%/8h= −82.2% APRpaid last 24h −0.047%
Price spread now: Gate against edgeX+0.856%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs+$37as in the Price arb table
costs, in and out, $10k−$470.472% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)−0.820%−$82 · spread now +0.856%, 7d avg +0.015%
=Together, before fees−0.846%+ Points / potential airdropedgeX: Active · farm board−$85 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.841% dearer against edgeX than usual: you sell high and buy low (spread +0.856% now, against its 7-day average of +0.015%): +$84 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−0.026% in total) that is about 7 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.4% 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 | 327.14 | 0.0990 | pay 0.0495% / 4h | 3h 49m | $35K | $352K | 10x |
| Short | Gate ARM_USDT | 329.94 | 0.0239 | get 0.0239% / 8h | 7h 49m | $1.5M | $4.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$157.63
- Price spread: +0.856% → +0.015%
- $84.11
- Slippage, 4 orders
- −$23.2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$120.72
- Costs to cover
- 0.472%
- Break-even
- from the start
Slippage from edgeX: live order book, 24 min ago; Gate: 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, 24 min ago | 1.38 bp | 6.4 bp −$6 | 95.2 bp −$952 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.43 bp | 16.3 bp −$16 | 48.4 bp −$484 | 79.4 bp −$7,941 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0025% | 8h | 329.75 | +0.798% | $125K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 329.75 | +0.799% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 329.72 | +0.789% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 329.54 | +0.734% | $1.7M | $6.7M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.43 | +0.395% | $1K | $3.1M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 329.03 | +0.578% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 329.58 | +0.746% | $1.1M | $4.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 329.72 | +0.789% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 329.67 | +0.774% | — | — | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | −0.366% | $89K | $286K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARM_USDC-PERPETUAL | +0.0114% | 1h | 329.99 | +0.872% | $12K | $125K | 10x | as long as short |
| Bitget ARMUSDT | +0.0163% | 8h | 329.91 | +0.847% | $1.8M | $4.0M | 20x | as long as short |
| GRVT ARM_USDT_Perp | +0.0172% | 8h | 327.04 | −0.031% | $831 | $196K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 328.70 | +0.477% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 329.18 | +0.624% | $5K | $50K | 12x | as long as short |
| Gate ARM_USDTshort | +0.0239% | 8h | 329.94 | +0.856% | $1.5M | $4.0M | 50x | |
| Variational Omni ARM | +0.0242% | 8h | 328.75 | +0.492% | $213K | $528K | — | as long as short |
| Extended ARM-USD | +0.0360% | 1h | 329.88 | +0.839% | $37K | $205K | 10x | as long as short |
| Binance ARMUSDT | +0.0362% | 8h | 329.70 | +0.782% | $8.8M | $50.4M | 20x | as long as short |
| Ondo Perps ARM-USD.P | +0.0635% | 1h | 328.70 | +0.477% | $208K | $521K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0752% | 8h | 329.97 | +0.866% | $2.4M | $117K | 20x | as long as short |
| edgeX ARMUSDClong | +0.0990% | 4h | 327.14 | long leg | $35K | $352K | 10x | |
| Polymarket Perps ARM-USD | +0.1022% | 1h | 329.88 | +0.838% | $387K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.1115% | 1h | 329.86 | +0.832% | $8.2M | $8.5M | 10x | as long as short |
edgeX ARMUSDC
Gate ARM_USDT
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Coinbase International ARM-PERP-INTX
Deribit ARM_USDC-PERPETUAL
Bitget ARMUSDT
GRVT ARM_USDT_Perp
Phoenix ARM
Injective ARM/USDC PERP
Variational Omni ARM
Extended ARM-USD
Binance ARMUSDT
KuCoin ARMUSDTM
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM