Funding you earn now, next payment 07:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h +0.042%
Price spread now: Deribit against Injective−1.295%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Deribit is 1.295% cheaper against Injective than usual: you would sell low and buy high (−$129 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | Injective ARM/USDC PERP | 324.40 | 0.0220 | pay 0.0028% / 1h | 53m 27s | $5K | $50K | 12x |
| Short | Deribit ARM_USDC-PERPETUAL | 320.20 | 0.0156 | get 0.0020% / 1h | 53m 27s | $12K | $59K | 10x |
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Injective. 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
- −$13.4
- Price spread: −1.295% → 0.000%
- −$129.47
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$149.89
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Deribit: no order-book sample. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Injective and Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0806% | 8h | 320.56 | −1.184% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0640% | 4h | 320.51 | −1.200% | $34K | $351K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.40 | −1.232% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.42 | −1.226% | $38K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.43 | −1.224% | $8.2M | $50.2M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.61 | −1.168% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.38 | −1.239% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.46 | −1.215% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.55 | −1.187% | $185K | $290K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.53 | −1.192% | $442 | $223K | 10x | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 320.61 | −1.168% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.18 | −1.301% | $18K | $17K | 20x | as long as short |
| BloFin ARM-USDT | +0.0015% | 8h | 320.50 | −1.202% | $121K | $51K | 20x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 320.42 | −1.227% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.20 | −1.295% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.56 | −1.184% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.38 | −1.239% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.71 | −1.137% | $183K | $431K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.68 | −1.147% | $2.3M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUALshort | +0.0156% | 1h | 320.20 | −1.295% | $12K | $59K | 10x | |
| tradeXYZ xyz:ARM | +0.0159% | 1h | 320.57 | −1.181% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 321.49 | −0.897% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 321.23 | −0.977% | $100K | $298K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 324.40 | long leg | $5K | $50K | 12x |
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX