Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.006%
Price spread now: tradeXYZ against Binance−0.012%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days+0.135%+$13 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now −0.012%, 7d avg −0.066%
=Together, before fees+0.116%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.054% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARMUSDT | 327.30 | 0.0029 | pay 0.0029% / 8h | 4h 34m | $8.6M | $50.0M | 20x |
| Short | tradeXYZ xyz:ARM | 327.26 | 0.0050 | get 0.0006% / 1h | 34m 56s | $8.3M | $8.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- $4.32
- Price spread: −0.012% → −0.066%
- $5.37
- Slippage, 4 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$36.3
- Costs to cover
- 0.460%
- Break-even
- 65.8 days
Slippage from Binance: live order book, 7 min ago; tradeXYZ: live order book, 4 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 Binance live order book, 7 min ago | 0.76 bp | 10.4 bp −$10 | 30.2 bp −$302 | 104.2 bp −$10.4K | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.07 bp | 11.4 bp −$11 | 19.4 bp −$194 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0024% | 8h | 327.21 | −0.027% | $127K | $49K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 327.41 | +0.034% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.27 | −0.009% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.24 | −0.018% | $1.7M | $6.7M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 327.28 | −0.005% | $212K | $307K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.44 | +0.043% | $927 | $197K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.17 | −0.040% | $978 | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.07 | −0.070% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 327.33 | +0.009% | $1.1M | $4.0M | 10x | as long as short |
| Binance ARMUSDTlong | +0.0029% | 8h | 327.30 | long leg | $8.6M | $50.0M | 20x |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 327.12 | −0.055% | — | — | 10x | as long as short |
| Extended ARM-USD | +0.0032% | 1h | 327.22 | −0.025% | $39K | $271K | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.55 | +0.076% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0050% | 1h | 327.26 | −0.012% | $8.3M | $8.8M | 10x | |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.32 | +0.006% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.05 | −0.076% | $200K | $404K | 10x | as long as short |
| Bitget ARMUSDT | +0.0053% | 8h | 327.27 | −0.009% | $1.8M | $3.9M | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 327.37 | +0.021% | $98K | $301K | 10x | as long as short |
| Gate ARM_USDT | +0.0110% | 8h | 327.46 | +0.049% | $1.5M | $4.3M | 50x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 327.36 | +0.018% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.69 | +1.036% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0270% | 1h | 327.33 | +0.009% | $12K | $125K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0440% | 8h | 327.31 | +0.003% | $2.3M | $119K | 20x | as long as short |
| edgeX ARMUSDC | +0.0904% | 4h | 327.49 | +0.059% | $35K | $348K | 10x | as long as short |
Binance ARMUSDT
tradeXYZ xyz:ARM
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Extended ARM-USD
Polymarket Perps ARM-USD
Bitget ARMUSDT
Coinbase International ARM-PERP-INTX
Gate ARM_USDT
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM
edgeX ARMUSDC