Funding you earn now, next payment 05:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.127%
Price spread now: Deribit against BloFin−0.016%57s7-day average +0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.016%, 7d avg +0.023%
=Funding pays, the price is against you. Deribit is 0.039% cheaper against BloFin than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.023%). If the spread goes back, that is −$4 on $10k: about 2.7 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.156% in total) that is about 23 hours. The two prices were read 57 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 | BloFin ARM-USDT | 321.53 | −0.0018 | get 0.0018% / 8h | 3h 17m | $123K | $50K | 20x |
| Short | Deribit ARM_USDC-PERPETUAL | 321.48 | 0.0030 | get 0.0004% / 1h | 17m 23s | $12K | $59K | 10x |
BloFin ARM-USDT
Deribit ARM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BloFin. 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
- $10.13
- Price spread: −0.016% → +0.023%
- −$3.9
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$12.77
- Costs to cover
- 0.190%
- Break-even
- 15.8 days
Slippage unknown: BloFin: live order book, 1 min ago; Deribit: 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 BloFin live order book, 1 min ago | 0.78 bp | 15.9 bp −$16 | 34.8 bp −$348 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −0.0361% | 4h | 322.47 | +0.291% | $34K | $350K | 10x | as long as short |
| Bitget ARMUSDT | −0.0261% | 8h | 322.35 | +0.255% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDTlong | −0.0018% | 8h | 321.53 | long leg | $123K | $50K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 321.93 | +0.123% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.02 | +0.152% | $37K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.18 | +0.203% | $8.3M | $50.6M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.10 | +0.177% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.06 | +0.165% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.23 | +0.218% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.57 | +0.325% | $208K | $289K | — | as long as short |
edgeX ARMUSDC
Bitget ARMUSDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.62 | +0.339% | $868 | $214K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.74 | +0.065% | $869 | $2.6M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.80 | +0.084% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 322.07 | +0.168% | $1.1M | $3.7M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALshort | +0.0030% | 1h | 321.48 | −0.016% | $12K | $59K | 10x | |
| Lighter ARM | +0.0032% | 1h | 321.63 | +0.031% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.10 | +0.177% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.98 | +0.140% | $373K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.37 | −0.050% | $186K | $413K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0115% | 1h | 322.18 | +0.202% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 321.76 | +0.072% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 322.33 | +0.249% | $100K | $314K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0137% | 8h | 322.03 | +0.156% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 327.18 | +1.757% | $5K | $50K | 12x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Injective ARM/USDC PERP