ARM

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.11 per $10,000 · paid last 24h −0.033%

Price spread now: Coinbase International against tradeXYZ+0.189%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$410.410% of the position

Long on tradeXYZ Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 4 days (all we have)−0.639%−$64 · spread now +0.189%, 7d avg −0.013%

Together, before fees−0.611%+ Points / potential airdroptradeXYZ: Active · farm board−$61 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.202% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.189% now, against its 7-day average of −0.013%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ARM	328.35	0.0080	pay 0.0010% / 1h	23m 41s	$8.3M	$8.7M	10x
Short	Coinbase International ARM-PERP-INTX	328.97	−0.0008	pay 0.0001% / 1h	23m 41s	$101K	$291K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee tradeXYZbpFee Coinbase InternationalbpOrdersPrice spread, now +0.189%Rate

Funding earned: −$18.56
Price spread: +0.189% → −0.013%: $20.17
Slippage, 4 orders: −$12.97
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$39.35
Costs to cover: 0.410%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 4 min ago; Coinbase International: live order book, 39 min ago.

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 tradeXYZ live order book, 4 min ago	0.91 bp	11.9 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 39 min ago	2.90 bp	9.4 bp −$9	17.5 bp −$175	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
edgeX ARMUSDC	−0.0650%	4h	328.34	−0.004%	$35K	$346K	10x	as long as short
Coinbase International ARM-PERP-INTXshort	−0.0008%	1h	328.97	+0.189%	$101K	$291K	10x
Aster ARMUSDT	0.0000%	8h	328.32	−0.008%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	328.24	−0.034%	$2.0M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	328.35	0.000%	$1.7M	$6.6M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	328.43	+0.025%	$581	$189K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.30	−0.015%	$975	$2.7M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	327.89	−0.140%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0011%	1h	328.13	−0.067%	$1.1M	$4.2M	10x	as long as short
Variational Omni ARM	+0.0018%	8h	328.40	+0.016%	$213K	$319K	—	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ARM-USDT	+0.0023%	8h	328.28	−0.021%	$128K	$48K	20x	as long as short
Lighter ARM	+0.0032%	1h	328.00	−0.107%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	328.29	−0.018%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	328.32	−0.009%	$380K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	328.20	−0.046%	$202K	$405K	10x	as long as short
tradeXYZ xyz:ARMlong	+0.0080%	1h	328.35	long leg	$8.3M	$8.7M	10x
Gate ARM_USDT	+0.0104%	8h	328.53	+0.055%	$1.4M	$4.3M	50x	as long as short
Binance ARMUSDT	+0.0118%	8h	328.36	+0.003%	$8.6M	$50.0M	20x	as long as short
Extended ARM-USD	+0.0120%	1h	328.28	−0.022%	$36K	$272K	10x	as long as short
Phoenix ARM	+0.0122%	1h	328.31	−0.012%	$5K	$434K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	332.09	+1.139%	$5K	$50K	12x	as long as short
Bitget ARMUSDT	+0.0280%	8h	328.40	+0.015%	$1.8M	$3.8M	20x	as long as short
KuCoin ARMUSDTM	+0.0627%	8h	328.41	+0.018%	$2.4M	$119K	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0817%	1h	328.38	+0.009%	$12K	$125K	10x	as long as short