Funding you earn now, next payment 04:00 UTC+0.0996%/8h= +109.0% APRpaid last 24h −0.054%
Price spread now: OKX against edgeX−0.466%101s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as 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−$360.362% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 3 days (all we have)+0.486%+$49 · spread now −0.466%, 7d avg −0.001%
=Together, before fees+0.431%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.464% cheaper against edgeX than usual: you would sell low and buy high (spread −0.466% now, against its 7-day average of −0.001%). If the spread goes back, that is −$46 on $10k: about 37 hours of funding at the current rate (+$30 a day). Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour. The two prices were read 101 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 -0.054% in total (about -2.8% 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 | 331.52 | −0.0996 | get 0.0498% / 4h | 3h 23m | $35K | $352K | 10x |
| Short | OKX ARM-USDT-SWAP | 329.98 | 0 | get 0.0000% / 8h | 7h 23m | $1.7M | $6.7M | 20x |
edgeX ARMUSDC
OKX ARM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $209.12
- Price spread: −0.466% → −0.001%
- −$46.44
- Slippage, 4 orders
- −$17.21
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $126.47
- Costs to cover
- 0.362%
- Break-even
- 2.8 days
Slippage from edgeX: live order book, 50 min ago; OKX: 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, 50 min ago | 1.38 bp | 6.4 bp −$6 | 95.2 bp −$952 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.21 bp | 13.6 bp −$14 | 45.5 bp −$455 | 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 | −0.0996% | 4h | 331.52 | long leg | $35K | $352K | 10x | |
| BloFin ARM-USDT | −0.0016% | 8h | 331.08 | −0.134% | $127K | $46K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 330.07 | −0.437% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 330.31 | −0.366% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAPshort | 0.0000% | 8h | 329.98 | −0.466% | $1.7M | $6.7M | 20x | |
| SunX ARM-USDT | 0.0000% | 8h | 330.05 | −0.445% | $1K | $3.0M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 331.33 | −0.059% | $18K | $16K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0023% | 1h | 330.14 | −0.417% | $12K | $125K | 10x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 330.32 | −0.363% | $1.1M | $4.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 330.01 | −0.457% | — | — | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
Deribit ARM_USDC-PERPETUAL
QFEX ARM-USD
Lighter ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ARM-USD-PERP | +0.0046% | 1h | 330.76 | −0.230% | — | — | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | −1.684% | $89K | $282K | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0054% | 1h | 330.65 | −0.264% | $205K | $522K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0056% | 8h | 331.40 | −0.038% | $418 | $190K | 10x | as long as short |
| Gate ARM_USDT | +0.0141% | 8h | 330.38 | −0.345% | $1.5M | $4.1M | 50x | as long as short |
| Polymarket Perps ARM-USD | +0.0166% | 1h | 330.34 | −0.357% | $382K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0173% | 1h | 330.09 | −0.433% | $8.3M | $8.8M | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 330.96 | −0.170% | $5K | $460K | 10x | as long as short |
| Variational Omni ARM | +0.0213% | 8h | 331.06 | −0.140% | $215K | $528K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.89 | +0.110% | $5K | $50K | 12x | as long as short |
| Binance ARMUSDT | +0.0350% | 8h | 330.32 | −0.363% | $8.9M | $50.5M | 20x | as long as short |
| Extended ARM-USD | +0.0352% | 1h | 330.05 | −0.445% | $38K | $334K | 10x | as long as short |
| Bitget ARMUSDT | +0.0714% | 8h | 330.19 | −0.402% | $1.8M | $3.9M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0778% | 8h | 330.43 | −0.330% | $2.4M | $116K | 20x | as long as short |
Vest ARM-USD-PERP
Coinbase International ARM-PERP-INTX
Ondo Perps ARM-USD.P
GRVT ARM_USDT_Perp
Gate ARM_USDT
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Binance ARMUSDT
Extended ARM-USD
Bitget ARMUSDT
KuCoin ARMUSDTM