Funding you earn now, next payment 08:00 UTC+0.0665%/8h= +72.8% APRpaid last 24h +0.015%
Price spread now: Gate against edgeX−0.102%67s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as 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−$500.502% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.102%, 7d avg +0.016%
=Together, before fees+0.154%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.118% cheaper against edgeX than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of +0.016%). If the spread goes back, that is −$12 on $10k: about 14 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.015% in total) that is about 53 days. The two prices were read 67 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 0.015% in total (about 0.8% 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 | edgeX ARMUSDC | 320.45 | −0.0665 | get 0.0332% / 4h | 1h 46m | $34K | $352K | 10x |
| Short | Gate ARM_USDT | 320.12 | 0 | get 0.0000% / 8h | 1h 46m | $1.4M | $4.2M | 50x |
edgeX ARMUSDC
Gate ARM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against edgeX. 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
- $139.55
- Price spread: −0.102% → +0.016%
- −$11.75
- Slippage, 4 orders
- −$26.18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $77.62
- Costs to cover
- 0.502%
- Break-even
- 3.1 days
Slippage from edgeX: live order book, 62 min ago; Gate: live order book, 2 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 edgeX live order book, 62 min ago | 2.64 bp | 7.9 bp −$8 | 90.5 bp −$905 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.90 bp | 18.4 bp −$18 | 52.6 bp −$526 | 83.0 bp −$8,299 | 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 | −0.0820% | 8h | 320.64 | +0.060% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDClong | −0.0665% | 4h | 320.45 | long leg | $34K | $352K | 10x | |
| Aster ARMUSDT | 0.0000% | 8h | 319.94 | −0.158% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.99 | −0.143% | $38K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.10 | −0.108% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.10 | −0.108% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.92 | −0.164% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDTshort | 0.0000% | 8h | 320.12 | −0.102% | $1.4M | $4.2M | 50x | |
| Variational Omni ARM | 0.0000% | 8h | 320.33 | −0.036% | $184K | $288K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.35 | −0.030% | $583 | $226K | 10x | as long as short |
Bitget ARMUSDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
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 | 320.20 | −0.077% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.97 | −0.149% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 320.16 | −0.089% | $1.1M | $3.5M | 10x | as long as short |
| BloFin ARM-USDT | +0.0022% | 8h | 320.22 | −0.071% | $122K | $51K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.89 | −0.174% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.19 | −0.080% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 319.98 | −0.146% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.97 | −0.149% | $184K | $433K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.33 | −0.036% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0165% | 1h | 320.13 | −0.099% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 320.66 | +0.067% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 321.23 | +0.244% | $100K | $296K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.40 | +1.234% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0344% | 1h | 320.15 | −0.093% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL