Funding you earn now, next payment 08:00 UTC+0.0726%/8h= +79.5% APRpaid last 24h −0.019%
Price spread now: edgeX against Bybit−0.086%111s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$520.521% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.086%, 7d avg −0.014%
=Together, before fees−0.002%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.072% cheaper against Bybit than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.014%). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.008% in total) that is about 2 months. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARMUSDT | 321.69 | 0 | get 0.0000% / 8h | 3m 39s | $1.9M | $2.1M | 25x |
| Short | edgeX ARMUSDC | 321.41 | 0.0726 | get 0.0363% / 4h | 3m 39s | $36K | $356K | 10x |
Bybit ARMUSDT
edgeX ARMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $152.49
- Price spread: −0.086% → −0.014%
- −$7.22
- Slippage, 4 orders
- −$32.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $93.14
- Costs to cover
- 0.521%
- Break-even
- 2.7 days
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 35 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 Bybit live order book, 3 min ago | 4.98 bp | 23.0 bp −$23 | 98.4 bp −$984 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 1.55 bp | 6.8 bp −$7 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0439% | 8h | 321.51 | −0.056% | $1.7M | $3.9M | 20x | as long as short |
| BloFin ARM-USDT | −0.0025% | 8h | 321.46 | −0.071% | $123K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.68 | −0.003% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.67 | −0.007% | $36K | $312K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.74 | +0.016% | $8.3M | $49.9M | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 321.69 | long leg | $1.9M | $2.1M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.56 | −0.040% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.78 | +0.028% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.60 | −0.029% | $187K | $252K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.49 | −0.062% | $347 | $236K | 10x | as long as short |
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.72 | +0.009% | $1K | $2.4M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.43 | −0.081% | $18K | $14K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.62 | −0.022% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.47 | −0.068% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.62 | −0.022% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.66 | −0.009% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.29 | −0.124% | $185K | $440K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.93 | +0.075% | $2.3M | $124K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 320.83 | −0.267% | $98K | $289K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0185% | 1h | 321.77 | +0.025% | $12K | $59K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +0.936% | $5K | $49K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 321.71 | +0.006% | $5K | $444K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0239% | 1h | 321.72 | +0.009% | $8.2M | $8.6M | 10x | as long as short |
| edgeX ARMUSDCshort | +0.0726% | 4h | 321.41 | −0.086% | $36K | $356K | 10x |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Deribit ARM_USDC-PERPETUAL
Injective ARM/USDC PERP
Phoenix ARM
tradeXYZ xyz:ARM