Funding you earn now, next payment 05:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.24 per $10,000 · paid last 24h —
Price spread now: Lighter against Injective−1.209%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Lighter is 1.209% cheaper against Injective than usual: you would sell low and buy high (−$121 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 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 | 324.93 | 0.0220 | pay 0.0028% / 1h | 6m 12s | $5K | $50K | 12x |
| Short | Lighter ARM | 321.00 | 0.0032 | get 0.0004% / 1h | 6m 12s | — | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$39.48
- Price spread: −1.209% → 0.000%
- −$120.95
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$160.45
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Lighter: 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 Lighter no order-book sample | — | — | — | — | — |
Injective and Lighter: 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 | −0.0431% | 8h | 321.68 | −1.000% | $1.8M | $3.9M | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.59 | −1.028% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.52 | −1.051% | $35K | $249K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.48 | −1.062% | $8.3M | $50.8M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.44 | −1.074% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.40 | −1.086% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.55 | −1.040% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.98 | −1.215% | $207K | $286K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.06 | −1.191% | $722 | $215K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.00 | −1.209% | $1K | $2.6M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 320.56 | −1.345% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 321.46 | −1.068% | $1.1M | $3.6M | 10x | as long as short |
| BloFin ARM-USDT | +0.0026% | 8h | 321.20 | −1.148% | $123K | $50K | 20x | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 321.00 | −1.209% | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.49 | −1.059% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.75 | −0.979% | $373K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.02 | −1.203% | $187K | $425K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0113% | 8h | 321.49 | −1.059% | $2.3M | $119K | 20x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 321.03 | −1.200% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 322.33 | −0.800% | $100K | $314K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0137% | 1h | 321.53 | −1.046% | $8.0M | $8.6M | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 324.93 | long leg | $5K | $50K | 12x | |
| edgeX ARMUSDC | +0.0911% | 4h | 320.93 | −1.230% | $34K | $349K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.1588% | 1h | 321.62 | −1.019% | $12K | $59K | 10x | as long as short |
Injective ARM/USDC PERP
Lighter ARM
Bitget ARMUSDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Polymarket Perps ARM-USD
KuCoin ARMUSDTM
Phoenix ARM
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL