Funding you earn now, next payment 03:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.06 per $10,000 · paid last 24h —
Price spread now: Lighter against tradeXYZ−0.182%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.182% cheaper against tradeXYZ than usual: you would sell low and buy high (−$18 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 | tradeXYZ xyz:ARM | 328.77 | 0.0083 | pay 0.0010% / 1h | 21m 38s | $8.3M | $8.7M | 10x |
| Short | Lighter ARM | 328.17 | 0.0032 | get 0.0004% / 1h | 21m 38s | — | — | 10x |
tradeXYZ xyz:ARM
Lighter ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$10.74
- Price spread: −0.182% → 0.000%
- −$18.25
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$46.99
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 6 min ago; Lighter: 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, 6 min ago | 0.91 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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 | −0.0888% | 4h | 328.18 | −0.178% | $35K | $346K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 328.28 | −0.149% | $101K | $292K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.54 | −0.071% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.82 | +0.015% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.85 | +0.024% | $1.7M | $6.7M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.43 | −0.102% | $581 | $189K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.21 | −0.170% | $650 | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.02 | −0.228% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0004% | 8h | 328.26 | −0.155% | $128K | $48K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 328.30 | −0.143% | $1.1M | $4.2M | 10x | as long as short |
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARM | +0.0018% | 8h | 328.40 | −0.112% | $213K | $319K | — | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 328.17 | −0.182% | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.37 | −0.122% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.31 | −0.140% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.20 | −0.173% | $202K | $405K | 10x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0083% | 1h | 328.77 | long leg | $8.3M | $8.7M | 10x | |
| Gate ARM_USDT | +0.0107% | 8h | 328.89 | +0.036% | $1.4M | $4.3M | 50x | as long as short |
| Extended ARM-USD | +0.0112% | 1h | 328.53 | −0.073% | $36K | $272K | 10x | as long as short |
| Binance ARMUSDT | +0.0113% | 8h | 328.99 | +0.067% | $8.6M | $50.0M | 20x | as long as short |
| Phoenix ARM | +0.0122% | 1h | 328.31 | −0.140% | $5K | $434K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.09 | +1.010% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0274% | 8h | 328.85 | +0.024% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0618% | 8h | 328.65 | −0.036% | $2.4M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0725% | 1h | 328.52 | −0.076% | $12K | $125K | 10x | as long as short |
Variational Omni ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
Extended ARM-USD
Binance ARMUSDT
Phoenix ARM
Injective ARM/USDC PERP
Bitget ARMUSDT
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL