Funding you earn now, next payment 03:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.096%
Price spread now: Deribit against Coinbase International+0.037%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$470.474% of the position
Funding, last 4 days (all we have)+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.037%, 7d avg +0.036%
=The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARM-PERP-INTX | 327.37 | 0.0088 | pay 0.0011% / 1h | 38m 42s | $98K | $301K | 10x |
| Short | Deribit ARM_USDC-PERPETUAL | 327.49 | 0.0117 | get 0.0015% / 1h | 38m 42s | $12K | $125K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Coinbase International. 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
- $6
- Price spread: +0.037% → +0.036%
- $0.1
- Slippage, 4 orders
- −$30.43
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$41.33
- Costs to cover
- 0.474%
- Break-even
- 55.2 days
Slippage from Coinbase International: live order book, 19 min ago; Deribit: live order book, 20 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 Coinbase International live order book, 19 min ago | 4.72 bp | 10.0 bp −$10 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 20 min ago | 0.15 bp | 14.4 bp −$14 | 20.3 bp −$203 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 327.23 | −0.043% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.35 | −0.006% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.16 | −0.064% | $1.7M | $6.7M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 327.44 | +0.021% | $212K | $308K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.54 | +0.052% | $675 | $196K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.53 | +0.049% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.05 | −0.098% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0009% | 8h | 327.43 | +0.018% | $127K | $49K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 327.25 | −0.037% | $1.1M | $4.0M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.12 | −0.076% | — | — | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARMUSDT | +0.0036% | 8h | 327.33 | −0.013% | $8.6M | $50.0M | 20x | as long as short |
| Extended ARM-USD | +0.0040% | 1h | 327.25 | −0.038% | $39K | $271K | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.70 | +0.101% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 327.30 | −0.021% | $8.3M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.32 | −0.015% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.48 | +0.034% | $202K | $405K | 10x | as long as short |
| Bitget ARMUSDT | +0.0085% | 8h | 327.51 | +0.043% | $1.8M | $3.9M | 20x | as long as short |
| Coinbase International ARM-PERP-INTXlong | +0.0088% | 1h | 327.37 | long leg | $98K | $301K | 10x | |
| Deribit ARM_USDC-PERPETUALshort | +0.0117% | 1h | 327.49 | +0.037% | $12K | $125K | 10x | |
| Gate ARM_USDT | +0.0117% | 8h | 327.56 | +0.058% | $1.5M | $4.3M | 50x | as long as short |
| edgeX ARMUSDC | +0.0177% | 4h | 327.86 | +0.148% | $35K | $346K | 10x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 327.62 | +0.076% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.08 | +1.439% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0454% | 8h | 327.43 | +0.018% | $2.3M | $119K | 20x | as long as short |
Coinbase International ARM-PERP-INTX
Deribit ARM_USDC-PERPETUAL
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
Binance ARMUSDT
Extended ARM-USD
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Bitget ARMUSDT
Gate ARM_USDT
edgeX ARMUSDC
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM