Funding you earn now, next payment 07:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h —
Price spread now: Lighter against Coinbase International−0.050%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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter is 0.050% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 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 | Coinbase International ARM-PERP-INTX | 321.18 | 0.0160 | pay 0.0020% / 1h | 58m 16s | $97K | $291K | 10x |
| Short | Lighter ARM | 321.02 | 0.0032 | get 0.0004% / 1h | 58m 16s | — | — | 10x |
Coinbase International ARM-PERP-INTX
Lighter ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$26.88
- Price spread: −0.050% → 0.000%
- −$4.98
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$41.86
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 45 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 Coinbase International live order book, 45 min ago | 8.13 bp | 14.0 bp −$14 | 18.1 bp −$181 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0741% | 8h | 321.06 | −0.037% | $1.7M | $4.1M | 20x | as long as short |
| edgeX ARMUSDC | −0.0435% | 4h | 321.39 | +0.064% | $34K | $354K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | −0.0155% | 1h | 320.97 | −0.065% | $12K | $59K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.82 | −0.111% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.89 | −0.090% | $38K | $300K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.98 | −0.062% | $8.3M | $50.6M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.08 | −0.031% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.87 | −0.097% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.07 | −0.034% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.26 | +0.026% | $185K | $277K | — | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL
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 | 321.57 | +0.121% | $441 | $231K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 320.89 | −0.090% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.95 | −0.072% | $18K | $15K | 20x | as long as short |
| BloFin ARM-USDT | +0.0014% | 8h | 321.30 | +0.037% | $122K | $51K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.15 | −0.009% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 321.02 | −0.050% | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.42 | +0.075% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 321.04 | −0.044% | $8.2M | $8.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.00 | −0.056% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.87 | −0.097% | $185K | $438K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.30 | +0.037% | $2.3M | $119K | 20x | as long as short |
| Coinbase International ARM-PERP-INTXlong | +0.0160% | 1h | 321.18 | long leg | $97K | $291K | 10x | |
| Phoenix ARM | +0.0199% | 1h | 321.26 | +0.025% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.28 | +0.654% | $5K | $49K | 12x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Phoenix ARM
Injective ARM/USDC PERP