Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.066%
Price spread now: Binance against Deribit+0.043%7-day average +0.007% · 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−$39as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 4 days (all we have)−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.043%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% dearer against Deribit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARM_USDC-PERPETUAL | 323.86 | 0 | get 0.0000% / 1h | 45m 49s | $12K | $59K | 10x |
| Short | Binance ARMUSDT | 324.00 | 0 | get 0.0000% / 8h | 3h 45m | $8.4M | $50.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- $0
- Price spread: +0.043% → +0.007%
- $3.53
- Slippage, 4 orders
- −$25.05
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$38.53
- Costs to cover
- 0.421%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 73 min ago; Binance: live order book, 11 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 Deribit live order book, 73 min ago | 0.15 bp | 11.8 bp −$12 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.31 bp | 7.4 bp −$7 | 32.3 bp −$323 | 95.8 bp −$9,582 | 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 | 324.50 | +0.198% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.89 | +0.010% | $40K | $271K | 10x | as long as short |
| Binance ARMUSDTshort | 0.0000% | 8h | 324.00 | +0.043% | $8.4M | $50.5M | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 324.09 | +0.071% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.80 | −0.019% | $1.6M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.06 | +0.062% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.10 | +0.074% | $210K | $294K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 323.30 | −0.173% | $375 | $207K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.17 | +0.096% | $1K | $2.7M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALlong | 0.0000% | 1h | 323.86 | long leg | $12K | $59K | 10x |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 323.72 | −0.043% | $18K | $17K | 20x | as long as short |
| Gate ARM_USDT | +0.0007% | 8h | 324.00 | +0.043% | $1.5M | $4.3M | 50x | as long as short |
| BloFin ARM-USDT | +0.0012% | 8h | 323.24 | −0.191% | $126K | $49K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 324.00 | +0.043% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 323.77 | −0.028% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.06 | +0.062% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 323.95 | +0.028% | $8.1M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.98 | +0.037% | $375K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.10 | −0.235% | $190K | $412K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 323.45 | −0.127% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | +0.179% | $95K | $306K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +1.970% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0229% | 8h | 324.17 | +0.096% | $2.3M | $119K | 20x | as long as short |
| edgeX ARMUSDC | +0.0776% | 4h | 323.16 | −0.215% | $34K | $350K | 10x | as long as short |
Deribit ARM_USDC-PERPETUAL
Binance ARMUSDT
Aster ARMUSDT
Extended ARM-USD
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Gate ARM_USDT
BloFin ARM-USDT
Lighter ARM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
KuCoin ARMUSDTM
edgeX ARMUSDC