Funding you earn now, next payment 07:00 UTC−0.0224%/8h= −24.5% APRpaid last 24h −0.055%
Price spread now: HTX against Phoenix−0.137%7-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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and HTX is 0.137% cheaper against Phoenix than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ARM | 322.06 | 0.0224 | pay 0.0028% / 1h | 33m 11s | $5K | $444K | 10x |
| Short | HTX ARM-USDT | 321.62 | 0 | get 0.0000% / 8h | 33m 11s | $18K | $15K | 20x |
Phoenix ARM
HTX ARM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Phoenix. 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
- −$47.03
- Price spread: −0.137% → 0.000%
- −$13.66
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$79.7
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 4 min ago; HTX: 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 Phoenix live order book, 4 min ago | 6.52 bp | 18.9 bp −$19 | 40.8 bp −$408 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0484% | 8h | 322.01 | −0.016% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0007% | 8h | 321.87 | −0.059% | $122K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.78 | −0.087% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.83 | −0.071% | $35K | $314K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.92 | −0.043% | $8.3M | $50.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.84 | −0.068% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.92 | −0.043% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.06 | 0.000% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.80 | −0.080% | $186K | $250K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.86 | −0.063% | $702 | $233K | 10x | as long as short |
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_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 322.19 | +0.040% | $999 | $2.4M | 10x | as long as short |
| HTX ARM-USDTshort | 0.0000% | 8h | 321.62 | −0.137% | $18K | $15K | 20x | |
| QFEX ARM-USD | +0.0025% | 1h | 321.90 | −0.050% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.55 | −0.158% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.00 | −0.019% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.92 | −0.043% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.92 | −0.043% | $186K | $433K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 322.13 | +0.022% | $2.3M | $115K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 321.18 | −0.273% | $97K | $288K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 325.57 | +1.090% | $5K | $49K | 12x | as long as short |
| Phoenix ARMlong | +0.0224% | 1h | 322.06 | long leg | $5K | $444K | 10x | |
| tradeXYZ xyz:ARM | +0.0246% | 1h | 321.98 | −0.025% | $8.2M | $8.6M | 10x | as long as short |
| edgeX ARMUSDC | +0.0725% | 4h | 322.16 | +0.031% | $34K | $354K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.1149% | 1h | 322.03 | −0.009% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
tradeXYZ xyz:ARM
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL