Funding you earn now, next payment 08:00 UTC+0.0693%/8h= +75.8% APRpaid last 24h —
Price spread now: edgeX against Lighter+0.208%49s7-day average — · you sell dearer than you buy
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 · edgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and edgeX is 0.208% dearer against Lighter than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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 | Lighter ARM | 321.49 | 0.0032 | pay 0.0004% / 1h | 34m 28s | — | — | 10x |
| Short | edgeX ARMUSDC | 322.16 | 0.0725 | get 0.0362% / 4h | 34m 28s | $34K | $354K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Lighter. 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
- $145.44
- Price spread: +0.208% → 0.000%
- $20.81
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $157.25
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; edgeX: live order book, 4 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 Lighter no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 4 min ago | 1.55 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0491% | 8h | 322.06 | +0.177% | $1.7M | $4.0M | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.77 | +0.086% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.95 | +0.144% | $35K | $314K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.03 | +0.168% | $8.3M | $50.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.89 | +0.124% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.92 | +0.134% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.11 | +0.193% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.80 | +0.097% | $186K | $250K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.22 | +0.226% | $709 | $233K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.19 | +0.218% | $999 | $2.4M | 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 | 321.62 | +0.040% | $18K | $15K | 20x | as long as short |
| BloFin ARM-USDT | +0.0007% | 8h | 321.98 | +0.152% | $122K | $52K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.90 | +0.128% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 321.49 | long leg | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.98 | +0.152% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.92 | +0.134% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.92 | +0.134% | $186K | $433K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 322.13 | +0.199% | $2.3M | $115K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 321.18 | −0.096% | $97K | $288K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 325.57 | +1.269% | $5K | $49K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 322.06 | +0.177% | $5K | $444K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0238% | 1h | 322.01 | +0.162% | $8.2M | $8.6M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0465% | 1h | 321.75 | +0.081% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDCshort | +0.0725% | 4h | 322.16 | +0.208% | $34K | $354K | 10x |
Lighter ARM
edgeX ARMUSDC
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
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Phoenix ARM
tradeXYZ xyz:ARM
Deribit ARM_USDC-PERPETUAL