Funding you earn now, next payment 02:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.001%
Price spread now: Injective against tradeXYZ+1.312%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 1.312% dearer against tradeXYZ than usual: you sell high and buy low: +$131 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 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 | tradeXYZ xyz:ARM | 327.72 | 0.0050 | pay 0.0006% / 1h | 14m 24s | $8.3M | $8.9M | 10x |
| Short | Injective ARM/USDC PERP | 332.02 | 0.0220 | get 0.0028% / 1h | 14m 24s | $5K | $50K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against tradeXYZ. 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
- $35.7
- Price spread: +1.312% → 0.000%
- $131.21
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $148.89
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 4 min ago; Injective: 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 tradeXYZ live order book, 4 min ago | 4.11 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 23 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 | −0.0373% | 4h | 328.22 | +0.153% | $35K | $346K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.15 | +0.131% | $99K | $288K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.00 | +0.085% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.85 | +0.040% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.87 | +0.046% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.23 | +0.156% | $853 | $186K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.36 | +0.195% | $1K | $2.8M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 327.89 | +0.052% | $12K | $125K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.57 | +0.259% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0015% | 1h | 327.66 | −0.018% | $1.1M | $4.4M | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 327.62 | −0.031% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.89 | +0.052% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0050% | 1h | 327.72 | long leg | $8.3M | $8.9M | 10x | |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.67 | −0.015% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.48 | −0.073% | $201K | $398K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.39 | +0.204% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0121% | 8h | 328.01 | +0.090% | $213K | $331K | — | as long as short |
| Gate ARM_USDT | +0.0149% | 8h | 328.00 | +0.085% | $1.5M | $4.2M | 50x | as long as short |
| Injective ARM/USDC PERPshort | +0.0220% | 1h | 332.02 | +1.312% | $5K | $50K | 12x | |
| Binance ARMUSDT | +0.0240% | 8h | 327.95 | +0.070% | $8.6M | $50.4M | 20x | as long as short |
| Extended ARM-USD | +0.0240% | 1h | 327.77 | +0.015% | $36K | $273K | 10x | as long as short |
| Bitget ARMUSDT | +0.0456% | 8h | 328.32 | +0.183% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0769% | 8h | 328.10 | +0.116% | $2.4M | $120K | 20x | as long as short |
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
Phoenix ARM
Variational Omni ARM
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
Bitget ARMUSDT
KuCoin ARMUSDTM