Funding you earn now, next payment 00:00 UTC−0.0151%/8h= −16.5% APRnext payment −$0.19 per $10,000 · paid last 24h −0.047%
Price spread now: Vest against Phoenix−0.060%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.060% cheaper against Phoenix than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | Phoenix ARM | 330.96 | 0.0197 | pay 0.0025% / 1h | 23m 39s | $5K | $460K | 10x |
| Short | Vest ARM-USD-PERP | 330.76 | 0.0046 | get 0.0006% / 1h | 23m 39s | — | — | 10x |
Phoenix ARM
Vest ARM-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$31.68
- Price spread: −0.060% → 0.000%
- −$6.04
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$46.73
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 48 min ago; Vest: 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, 48 min ago | 6.44 bp | 18.8 bp −$19 | 40.7 bp −$407 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0996% | 4h | 331.52 | +0.170% | $35K | $352K | 10x | as long as short |
| BloFin ARM-USDT | −0.0016% | 8h | 331.08 | +0.036% | $127K | $46K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 330.13 | −0.251% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 330.18 | −0.236% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 330.16 | −0.242% | $1.7M | $6.7M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 330.05 | −0.275% | $1K | $3.0M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 331.33 | +0.112% | $18K | $16K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0023% | 1h | 330.14 | −0.248% | $12K | $125K | 10x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 330.28 | −0.205% | $1.1M | $4.6M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 330.12 | −0.254% | — | — | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
Deribit ARM_USDC-PERPETUAL
QFEX ARM-USD
Lighter ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ARM-USD-PERPshort | +0.0046% | 1h | 330.76 | −0.060% | — | — | 10x | |
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | −1.517% | $89K | $282K | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 330.65 | −0.094% | $205K | $522K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0056% | 8h | 331.40 | +0.132% | $418 | $190K | 10x | as long as short |
| Gate ARM_USDT | +0.0164% | 8h | 330.43 | −0.160% | $1.5M | $4.1M | 50x | as long as short |
| Polymarket Perps ARM-USD | +0.0166% | 1h | 330.34 | −0.187% | $382K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0173% | 1h | 330.09 | −0.263% | $8.3M | $8.8M | 10x | as long as short |
| Phoenix ARMlong | +0.0197% | 1h | 330.96 | long leg | $5K | $460K | 10x | |
| Variational Omni ARM | +0.0213% | 8h | 331.06 | +0.030% | $215K | $528K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.89 | +0.281% | $5K | $50K | 12x | as long as short |
| Binance ARMUSDT | +0.0349% | 8h | 330.23 | −0.221% | $8.9M | $50.5M | 20x | as long as short |
| Extended ARM-USD | +0.0352% | 1h | 330.09 | −0.262% | $38K | $334K | 10x | as long as short |
| Bitget ARMUSDT | +0.0729% | 8h | 330.22 | −0.224% | $1.8M | $3.9M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0779% | 8h | 330.55 | −0.124% | $2.4M | $116K | 20x | as long as short |
Coinbase International ARM-PERP-INTX
Ondo Perps ARM-USD.P
GRVT ARM_USDT_Perp
Gate ARM_USDT
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
Variational Omni ARM
Injective ARM/USDC PERP
Binance ARMUSDT
Extended ARM-USD
Bitget ARMUSDT
KuCoin ARMUSDTM