Funding you earn now, next payment 05:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.057%
Price spread now: Phoenix against SunX+0.084%7-day average +0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.293%+$29 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.084%, 7d avg +0.005%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.079% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARM-USDT | 321.30 | 0 | get 0.0000% / 8h | 2h 05m | $1K | $2.5M | 10x |
| Short | Phoenix ARM | 321.57 | 0.0200 | get 0.0025% / 1h | 5m 10s | $5K | $446K | 10x |
SunX ARM-USDT
Phoenix ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against SunX. 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
- $41.96
- Price spread: +0.084% → +0.005%
- $7.9
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $34.85
- Costs to cover
- 0.150%
- Break-even
- 1.2 days
Slippage unknown: SunX: live order book, 2 min ago; Phoenix: live order book, 42 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 SunX live order book, 2 min ago | 500.25 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 42 min ago | 6.51 bp | 18.9 bp −$19 | 40.8 bp −$408 | doesn't fit | doesn't fit |
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 | −0.0855% | 8h | 321.39 | +0.028% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0710% | 4h | 321.59 | +0.090% | $34K | $351K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.10 | −0.061% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.17 | −0.040% | $38K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.13 | −0.052% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.22 | −0.025% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.00 | −0.093% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.22 | −0.025% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.54 | +0.074% | $185K | $292K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.70 | +0.123% | $692 | $221K | 10x | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
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-USDTlong | 0.0000% | 8h | 321.30 | long leg | $1K | $2.5M | 10x | |
| HTX ARM-USDT | 0.0000% | 8h | 321.69 | +0.121% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 321.38 | +0.025% | $1.1M | $3.5M | 10x | as long as short |
| BloFin ARM-USDT | +0.0015% | 8h | 321.22 | −0.025% | $120K | $51K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.97 | −0.103% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.58 | +0.087% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.25 | −0.016% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.62 | +0.100% | $184K | $429K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0093% | 1h | 321.20 | −0.031% | $12K | $59K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.18 | −0.037% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0131% | 1h | 321.14 | −0.050% | $8.1M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 321.23 | −0.022% | $100K | $299K | 10x | as long as short |
| Phoenix ARMshort | +0.0200% | 1h | 321.57 | +0.084% | $5K | $446K | 10x | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.11 | +0.563% | $5K | $50K | 12x | as long as short |
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP