Funding you earn now, next payment 23:00 UTC+0.0271%/8h= +29.7% APRpaid last 24h +0.058%
Price spread now: Phoenix against HTX−0.022%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 0.022% cheaper against HTX than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$8 a day). The two prices were read 72 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 | HTX ARM-USDT | 325.40 | 0 | get 0.0000% / 8h | 45m 44s | $18K | $17K | 20x |
| Short | Phoenix ARM | 325.33 | 0.0271 | get 0.0034% / 1h | 45m 44s | $5K | $460K | 10x |
HTX ARM-USDT
Phoenix ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against HTX. 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
- $56.89
- Price spread: −0.022% → 0.000%
- −$2.15
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $35.74
- Costs to cover
- 0.190%
- Break-even
- 2.6 days
Slippage unknown: HTX: no order-book sample; Phoenix: live order book, 31 min ago. 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 HTX no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 31 min ago | 6.47 bp | 18.8 bp −$19 | 40.8 bp −$408 | doesn't fit | doesn't fit |
HTX: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0978% | 4h | 325.28 | −0.036% | $35K | $351K | 10x | as long as short |
| BloFin ARM-USDT | −0.0002% | 8h | 325.46 | +0.018% | $124K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.14 | −0.080% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.48 | +0.025% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.56 | +0.049% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.40 | 0.000% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.03 | −0.114% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDTlong | 0.0000% | 8h | 325.40 | long leg | $18K | $17K | 20x | |
| Variational Omni ARM | +0.0016% | 8h | 325.18 | −0.066% | $213K | $523K | — | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.080% | $88K | $288K | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
Variational Omni ARM
Coinbase International ARM-PERP-INTXShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 325.34 | −0.018% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0033% | 1h | 325.38 | −0.006% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.46 | +0.018% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.45 | +0.015% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.32 | −0.025% | $465K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.87 | −0.163% | $208K | $552K | 10x | as long as short |
| Gate ARM_USDT | +0.0052% | 8h | 325.57 | +0.052% | $1.5M | $4.1M | 50x | as long as short |
| Extended ARM-USD | +0.0136% | 1h | 325.37 | −0.009% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | +0.0139% | 8h | 325.43 | +0.009% | $8.6M | $51.0M | 20x | as long as short |
| GRVT ARM_USDT_Perp | +0.0218% | 8h | 325.34 | −0.018% | $420 | $207K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 328.17 | +0.851% | $5K | $52K | 12x | as long as short |
| Phoenix ARMshort | +0.0271% | 1h | 325.33 | −0.022% | $5K | $460K | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0334% | 1h | 325.44 | +0.012% | $12K | $145K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0489% | 8h | 325.65 | +0.077% | $2.3M | $118K | 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
Extended ARM-USD
Binance ARMUSDT
GRVT ARM_USDT_Perp
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM