Funding you earn now, next payment 08:00 UTC−0.0232%/8h= −25.4% APRnext payment −$2.32 per $10,000 · paid last 24h −0.008%
Price spread now: SunX against Gate−0.149%7-day average −0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 3 days (all we have)+0.086%+$9 · spread now −0.149%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.119% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.090% in total (about -4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.32 per $10,000. 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 | Gate ARM_USDT | 328.28 | 0.0232 | pay 0.0232% / 8h | 6h 38m | $1.5M | $4.2M | 50x |
| Short | SunX ARM-USDT | 327.79 | 0 | get 0.0000% / 8h | 6h 38m | $1K | $2.9M | 10x |
Gate ARM_USDT
SunX ARM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. 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
- −$48.72
- Price spread: −0.149% → −0.030%
- −$11.93
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$83.65
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 min ago; SunX: live order book, 9 min ago. Net counts fees only.
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 Gate live order book, 4 min ago | 3.95 bp | 15.9 bp −$16 | 46.3 bp −$463 | 64.3 bp −$6,426 | doesn't fit |
| Sell SunX live order book, 9 min ago | 500.27 bp | doesn't fit | doesn't fit | 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 ARMUSDC | −0.0774% | 4h | 328.66 | +0.117% | $35K | $344K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.06 | −0.067% | $99K | $293K | 10x | as long as short |
| BloFin ARM-USDT | −0.0010% | 8h | 329.28 | +0.305% | $128K | $46K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.34 | +0.019% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.05 | −0.070% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.99 | −0.088% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.44 | +0.050% | $650 | $186K | 10x | as long as short |
| SunX ARM-USDTshort | 0.0000% | 8h | 327.79 | −0.149% | $1K | $2.9M | 10x | |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 327.96 | −0.097% | $12K | $125K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.39 | +0.034% | $18K | $16K | 20x | as long as short |
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0015% | 1h | 327.74 | −0.164% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.73 | −0.168% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.11 | −0.052% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 327.95 | −0.101% | $8.3M | $9.0M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.82 | −0.140% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.88 | −0.122% | $201K | $533K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.58 | +0.091% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0176% | 8h | 328.32 | +0.012% | $213K | $438K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 333.76 | +1.669% | $5K | $50K | 12x | as long as short |
| Gate ARM_USDTlong | +0.0232% | 8h | 328.28 | long leg | $1.5M | $4.2M | 50x | |
| Extended ARM-USD | +0.0296% | 1h | 327.91 | −0.113% | $36K | $278K | 10x | as long as short |
| Binance ARMUSDT | +0.0300% | 8h | 327.91 | −0.114% | $8.7M | $50.6M | 20x | as long as short |
| Bitget ARMUSDT | +0.0674% | 8h | 327.99 | −0.088% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0815% | 8h | 328.23 | −0.015% | $2.4M | $121K | 20x | as long as short |
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Extended ARM-USD
Binance ARMUSDT
Bitget ARMUSDT
KuCoin ARMUSDTM