Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.029%
Price spread now: tradeXYZ against Extended+0.064%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$510.510% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.064%, 7d avg −0.004%
=Together, before fees+0.077%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.068% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARM-USD | 322.07 | 0 | get 0.0000% / 1h | 37m 26s | $40K | $269K | 10x |
| Short | tradeXYZ xyz:ARM | 322.28 | 0.0050 | get 0.0006% / 1h | 37m 26s | $8.1M | $8.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: +0.064% → −0.004%
- $6.8
- Slippage, 4 orders
- −$27.99
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$33.7
- Costs to cover
- 0.510%
- Break-even
- 29.5 days
Slippage from Extended: live order book, 15 min ago; tradeXYZ: 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 Extended live order book, 15 min ago | 2.16 bp | 14.4 bp −$14 | 131.4 bp −$1,314 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.46 bp | 12.1 bp −$12 | doesn't fit | 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 | 322.08 | +0.001% | $7K | $126K | 20x | as long as short |
| Extended ARM-USDlong | 0.0000% | 1h | 322.07 | long leg | $40K | $269K | 10x | |
| Binance ARMUSDT | 0.0000% | 8h | 322.37 | +0.091% | $8.4M | $50.6M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.29 | +0.067% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.09 | +0.005% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.45 | +0.117% | $1.5M | $4.3M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 322.48 | +0.126% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 323.51 | +0.446% | $210K | $293K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.74 | +0.207% | $665 | $210K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.64 | +0.176% | $1K | $2.7M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 324.13 | +0.639% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0009% | 8h | 322.27 | +0.061% | $123K | $49K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 321.97 | −0.032% | $1.1M | $3.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.89 | −0.057% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.54 | +0.145% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0050% | 1h | 322.28 | +0.064% | $8.1M | $8.7M | 10x | |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.30 | +0.070% | $373K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.30 | +0.070% | $190K | $406K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 324.14 | +0.642% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | +0.735% | $95K | $306K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0199% | 8h | 322.42 | +0.108% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +2.536% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0278% | 1h | 322.40 | +0.101% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDC | +0.0940% | 4h | 322.58 | +0.159% | $34K | $349K | 10x | as long as short |
Extended ARM-USD
tradeXYZ xyz:ARM
Aster ARMUSDT
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
Phoenix ARM
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC