Funding you earn now, next payment 06:00 UTC−0.0619%/8h= −67.8% APRpaid last 24h —
Price spread now: Lighter against edgeX−0.351%49s7-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 airdropedgeX: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Lighter is 0.351% cheaper against edgeX than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARMUSDC | 319.81 | 0.0651 | pay 0.0326% / 4h | 2h 26m | $34K | $350K | 10x |
| Short | Lighter ARM | 318.69 | 0.0032 | get 0.0004% / 1h | 26m 29s | — | — | 10x |
edgeX ARMUSDC
Lighter ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$129.99
- Price spread: −0.351% → 0.000%
- −$35.1
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$174.09
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 22 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 edgeX live order book, 22 min ago | 2.64 bp | 7.9 bp −$8 | 90.5 bp −$905 | 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 | −0.0818% | 8h | 319.22 | −0.185% | $1.8M | $4.0M | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 318.89 | −0.288% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 318.90 | −0.284% | $38K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 318.92 | −0.278% | $8.2M | $50.6M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 318.83 | −0.307% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 318.84 | −0.304% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 318.97 | −0.263% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.96 | +0.046% | $191K | $292K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 319.89 | +0.024% | $560 | $218K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 318.73 | −0.338% | $790 | $2.5M | 10x | as long as short |
Bitget ARMUSDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 318.85 | −0.301% | $18K | $17K | 20x | as long as short |
| BloFin ARM-USDT | +0.0008% | 8h | 318.67 | −0.357% | $121K | $50K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 318.90 | −0.285% | $1.1M | $3.6M | 10x | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 318.69 | −0.351% | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 318.97 | −0.263% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 318.81 | −0.313% | $369K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.61 | −0.063% | $184K | $426K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.11 | −0.220% | $2.3M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0126% | 1h | 318.92 | −0.279% | $12K | $59K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0145% | 1h | 319.01 | −0.251% | $8.0M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 320.61 | +0.249% | $100K | $304K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 320.06 | +0.077% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.54 | +1.478% | $5K | $50K | 12x | as long as short |
| edgeX ARMUSDClong | +0.0651% | 4h | 319.81 | long leg | $34K | $350K | 10x |
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP