Funding you earn now, next payment 23:00 UTC−0.0176%/8h= −19.3% APRpaid last 24h −0.020%
Price spread now: Phoenix against edgeX+0.026%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.026%, 7d avg −0.006%
=Together, before fees+0.148%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phoenix is 0.033% dearer against edgeX than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.006%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 15 hours. Mind the row above: over the last 7 days funding on this pair paid +0.139%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARMUSDC | 325.42 | 0.0447 | pay 0.0224% / 4h | 43m 28s | $35K | $351K | 10x |
| Short | Phoenix ARM | 325.51 | 0.0271 | get 0.0034% / 1h | 43m 28s | $5K | $460K | 10x |
edgeX ARMUSDC
Phoenix ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$37.06
- Price spread: +0.026% → −0.006%
- $3.26
- Slippage, 4 orders
- −$36.18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$85.98
- Costs to cover
- 0.522%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 35 min ago; Phoenix: live order book, 34 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, 35 min ago | 2.16 bp | 7.3 bp −$7 | 92.6 bp −$926 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 34 min ago | 6.47 bp | 18.8 bp −$19 | 40.8 bp −$408 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0001% | 8h | 325.52 | +0.029% | $124K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.34 | −0.026% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.82 | +0.121% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.93 | +0.155% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.73 | +0.094% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.97 | −0.140% | $1K | $3.2M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 325.32 | −0.032% | $12K | $145K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.57 | +0.045% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.088% | $88K | $287K | 10x | as long as short |
| Variational Omni ARM | +0.0022% | 8h | 325.49 | +0.021% | $213K | $523K | — | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 325.64 | +0.066% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0033% | 1h | 325.90 | +0.146% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.98 | +0.171% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.81 | +0.118% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.70 | +0.085% | $465K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.87 | −0.171% | $208K | $552K | 10x | as long as short |
| Gate ARM_USDT | +0.0055% | 8h | 325.81 | +0.118% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0143% | 8h | 325.74 | +0.097% | $8.6M | $51.0M | 20x | as long as short |
| Extended ARM-USD | +0.0144% | 1h | 325.60 | +0.055% | $39K | $188K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 328.17 | +0.844% | $5K | $52K | 12x | as long as short |
| GRVT ARM_USDT_Perp | +0.0222% | 8h | 325.44 | +0.005% | $635 | $203K | 10x | as long as short |
| Phoenix ARMshort | +0.0271% | 1h | 325.51 | +0.026% | $5K | $460K | 10x | |
| edgeX ARMUSDClong | +0.0447% | 4h | 325.42 | long leg | $35K | $351K | 10x | |
| KuCoin ARMUSDTM | +0.0499% | 8h | 325.79 | +0.112% | $2.3M | $119K | 20x | as long as short |
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
Injective ARM/USDC PERP
GRVT ARM_USDT_Perp
KuCoin ARMUSDTM