Funding you earn now, next payment 23:00 UTC+0.0271%/8h= +29.7% APRpaid last 24h +0.058%
Price spread now: Phoenix against HTX−0.018%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ARM-USDT | 325.57 | 0 | get 0.0000% / 8h | 43m 31s | $18K | $17K | 20x |
| Short | Phoenix ARM | 325.51 | 0.0271 | get 0.0034% / 1h | 43m 31s | $5K | $460K | 10x |
HTX ARM-USDT
Phoenix ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against HTX. 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
- $56.89
- Price spread: −0.018% → 0.000%
- −$1.84
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $36.05
- Costs to cover
- 0.190%
- Break-even
- 2.6 days
Slippage unknown: HTX: no order-book sample; Phoenix: live order book, 34 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 HTX no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 34 min ago | 6.47 bp | 18.8 bp −$19 | 40.8 bp −$408 | doesn't fit | doesn't fit |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0001% | 8h | 325.52 | −0.015% | $124K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.34 | −0.071% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.82 | +0.077% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.93 | +0.111% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.73 | +0.049% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.97 | −0.184% | $1K | $3.2M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 325.32 | −0.077% | $12K | $145K | 10x | as long as short |
| HTX ARM-USDTlong | 0.0000% | 8h | 325.57 | long leg | $18K | $17K | 20x | |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.132% | $88K | $287K | 10x | as long as short |
| Variational Omni ARM | +0.0022% | 8h | 325.49 | −0.023% | $213K | $523K | — | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
Coinbase International ARM-PERP-INTX
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 325.64 | +0.022% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0033% | 1h | 325.90 | +0.101% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.98 | +0.126% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.81 | +0.074% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.70 | +0.040% | $465K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.87 | −0.215% | $208K | $552K | 10x | as long as short |
| Gate ARM_USDT | +0.0055% | 8h | 325.81 | +0.074% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0143% | 8h | 325.74 | +0.052% | $8.6M | $51.0M | 20x | as long as short |
| Extended ARM-USD | +0.0144% | 1h | 325.60 | +0.010% | $39K | $188K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 328.17 | +0.799% | $5K | $52K | 12x | as long as short |
| GRVT ARM_USDT_Perp | +0.0222% | 8h | 325.44 | −0.040% | $635 | $203K | 10x | as long as short |
| Phoenix ARMshort | +0.0271% | 1h | 325.51 | −0.018% | $5K | $460K | 10x | |
| edgeX ARMUSDC | +0.0447% | 4h | 325.42 | −0.045% | $35K | $351K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0499% | 8h | 325.79 | +0.068% | $2.3M | $119K | 20x | as long as short |
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
Injective ARM/USDC PERP
GRVT ARM_USDT_Perp
edgeX ARMUSDC
KuCoin ARMUSDTM