Funding you earn now, next payment 00:00 UTC−0.0312%/8h= −34.2% APRnext payment −$0.39 per $10,000 · paid last 24h +0.004%
Price spread now: Coinbase International against Extended+0.139%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$500.498% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 3 days (all we have)−0.269%−$27 · spread now +0.139%, 7d avg −0.021%
=Together, before fees−0.062%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.160% dearer against Extended than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of −0.021%): +$16 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 41 hours. Mind the row above: over the last 7 days funding on this pair paid +0.207%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.207% in total (about 10.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.39 per $10,000. 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 | Extended ARM-USD | 330.06 | 0.0360 | pay 0.0045% / 1h | 0m 55s | $36K | $278K | 10x |
| Short | Coinbase International ARM-PERP-INTX | 330.52 | 0.0048 | get 0.0006% / 1h | 0m 55s | $90K | $287K | 10x |
Extended ARM-USD
Coinbase International ARM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- −$65.52
- Price spread: +0.139% → −0.021%
- $15.97
- Slippage, 4 orders
- −$34.77
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$99.32
- Costs to cover
- 0.498%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; Coinbase International: live order book, 7 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 Extended live order book, 6 min ago | 3.03 bp | 14.3 bp −$14 | 130.4 bp −$1,304 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 7 min ago | 5.00 bp | 11.3 bp −$11 | 16.4 bp −$164 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 329.89 | −0.053% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 330.32 | +0.078% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 330.11 | +0.014% | $1.7M | $6.6M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 330.01 | −0.016% | $881 | $2.9M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 330.26 | +0.060% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 330.16 | +0.030% | $1.1M | $4.5M | 10x | as long as short |
| BloFin ARM-USDT | +0.0029% | 8h | 330.32 | +0.078% | $127K | $46K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 329.98 | −0.025% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 330.18 | +0.036% | — | — | 10x | as long as short |
| Coinbase International ARM-PERP-INTXshort | +0.0048% | 1h | 330.52 | +0.139% | $90K | $287K | 10x |
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARM-USD | +0.0050% | 1h | 330.18 | +0.036% | $382K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 329.99 | −0.022% | $207K | $534K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0090% | 1h | 330.01 | −0.016% | $8.4M | $8.9M | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0142% | 8h | 330.42 | +0.108% | $473 | $187K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 330.62 | +0.169% | $5K | $460K | 10x | as long as short |
| Variational Omni ARM | +0.0213% | 8h | 330.08 | +0.004% | $214K | $526K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 333.61 | +1.075% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0326% | 1h | 330.00 | −0.019% | $12K | $125K | 10x | as long as short |
| Binance ARMUSDT | +0.0357% | 8h | 330.20 | +0.042% | $8.9M | $50.4M | 20x | as long as short |
| Extended ARM-USDlong | +0.0360% | 1h | 330.06 | long leg | $36K | $278K | 10x | |
| Gate ARM_USDT | +0.0435% | 8h | 330.54 | +0.145% | $1.5M | $4.1M | 50x | as long as short |
| KuCoin ARMUSDTM | +0.0839% | 8h | 330.54 | +0.145% | $2.4M | $116K | 20x | as long as short |
| Bitget ARMUSDT | +0.0901% | 8h | 330.16 | +0.030% | $1.8M | $3.9M | 20x | as long as short |
| edgeX ARMUSDC | +0.0960% | 4h | 330.35 | +0.086% | $35K | $345K | 10x | as long as short |
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
GRVT ARM_USDT_Perp
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
Binance ARMUSDT
Gate ARM_USDT
KuCoin ARMUSDTM
Bitget ARMUSDT
edgeX ARMUSDC