Funding you earn now, next payment 07:00 UTC−0.0049%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.012%
Price spread now: tradeXYZ against Injective−0.955%74s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.955% cheaper against Injective than usual: you would sell low and buy high (−$96 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 74 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 | 323.41 | 0.0220 | pay 0.0028% / 1h | 24m 04s | $5K | $50K | 12x |
| Short | tradeXYZ xyz:ARM | 320.32 | 0.0171 | get 0.0021% / 1h | 24m 04s | $8.2M | $8.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$10.21
- Price spread: −0.955% → 0.000%
- −$95.54
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$123.78
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 5 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 Injective no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 5 min ago | 1.09 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 | −0.0906% | 8h | 320.14 | −1.011% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0025% | 8h | 319.87 | −1.095% | $122K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.24 | −0.980% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.08 | −1.031% | $36K | $267K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.35 | −0.947% | $8.3M | $50.4M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.41 | −0.928% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.17 | −1.002% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.37 | −0.940% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.82 | −1.110% | $184K | $282K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 319.72 | −1.140% | $249 | $229K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 319.87 | −1.095% | $1K | $2.5M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 320.12 | −1.017% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.53 | −1.200% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 319.95 | −1.070% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.24 | −0.980% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.10 | −1.023% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.14 | −1.011% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.11 | −1.330% | $184K | $432K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.19 | −0.996% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0171% | 1h | 320.32 | −0.955% | $8.2M | $8.7M | 10x | |
| Phoenix ARM | +0.0199% | 1h | 319.65 | −1.163% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 320.05 | −1.039% | $99K | $297K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 323.41 | long leg | $5K | $50K | 12x | |
| edgeX ARMUSDC | +0.0271% | 4h | 319.54 | −1.197% | $34K | $351K | 10x | as long as short |
Injective ARM/USDC PERP
tradeXYZ xyz:ARM
Bitget ARMUSDT
BloFin ARM-USDT
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
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
KuCoin ARMUSDTM
Phoenix ARM
Coinbase International ARM-PERP-INTX
edgeX ARMUSDC