Funding you earn now, next payment 02:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.24 per $10,000 · paid last 24h +0.025%
Price spread now: tradeXYZ against Extended−0.051%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$560.565% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.051%, 7d avg −0.005%
=Together, before fees+0.213%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and tradeXYZ is 0.047% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.005%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.170%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARM-USD | 327.89 | 0.0240 | pay 0.0030% / 1h | 14m 20s | $36K | $273K | 10x |
| Short | tradeXYZ xyz:ARM | 327.72 | 0.0050 | get 0.0006% / 1h | 14m 20s | $8.3M | $8.9M | 10x |
Extended ARM-USD
tradeXYZ xyz:ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Extended. 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
- −$39.9
- Price spread: −0.051% → −0.005%
- −$4.66
- Slippage, 4 orders
- −$33.46
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$101.02
- Costs to cover
- 0.565%
- Break-even
- never at this rate
Slippage from Extended: live order book, 53 min ago; tradeXYZ: 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 Extended live order book, 53 min ago | 3.03 bp | 14.3 bp −$14 | 130.4 bp −$1,304 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 4.11 bp | 13.1 bp −$13 | 17.9 bp −$179 | doesn't fit | doesn't fit |
ARM on 23 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 ARMUSDC | −0.0373% | 4h | 328.22 | +0.102% | $35K | $346K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.15 | +0.080% | $99K | $287K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.08 | +0.058% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.86 | −0.009% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.87 | −0.005% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.23 | +0.104% | $853 | $186K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.36 | +0.144% | $1K | $2.8M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.57 | +0.208% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0015% | 1h | 327.66 | −0.070% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.62 | −0.082% | — | — | 10x | as long as short |
edgeX ARMUSDC
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
Lighter ARMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.89 | +0.001% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0050% | 1h | 327.72 | −0.051% | $8.3M | $8.9M | 10x | |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.67 | −0.066% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.48 | −0.124% | $201K | $398K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.39 | +0.153% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0121% | 8h | 328.01 | +0.039% | $213K | $331K | — | as long as short |
| Gate ARM_USDT | +0.0149% | 8h | 328.22 | +0.101% | $1.5M | $4.2M | 50x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.02 | +1.260% | $5K | $50K | 12x | as long as short |
| Binance ARMUSDT | +0.0240% | 8h | 327.99 | +0.031% | $8.6M | $50.4M | 20x | as long as short |
| Extended ARM-USDlong | +0.0240% | 1h | 327.89 | long leg | $36K | $273K | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0269% | 1h | 327.83 | −0.018% | $12K | $125K | 10x | as long as short |
| Bitget ARMUSDT | +0.0456% | 8h | 328.32 | +0.132% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0769% | 8h | 328.10 | +0.065% | $2.4M | $120K | 20x | as long as short |
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Variational Omni ARM
Gate ARM_USDT
Injective ARM/USDC PERP
Binance ARMUSDT
Deribit ARM_USDC-PERPETUAL
Bitget ARMUSDT
KuCoin ARMUSDTM