Funding you earn now, next payment 00:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.24 per $10,000 · paid last 24h —
Price spread now: Lighter against Injective−0.838%7-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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Lighter is 0.838% cheaper against Injective than usual: you would sell low and buy high (−$84 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARM/USDC PERP | 328.17 | 0.0220 | pay 0.0028% / 1h | 41m 01s | $5K | $52K | 12x |
| Short | Lighter ARM | 325.42 | 0.0032 | get 0.0004% / 1h | 41m 01s | — | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- −$39.48
- Price spread: −0.838% → 0.000%
- −$83.8
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$123.3
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Injective and 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0008% | 8h | 325.80 | −0.722% | $124K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.34 | −0.863% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.80 | −0.722% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.92 | −0.686% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.89 | −0.695% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.65 | −0.768% | $931 | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.98 | −0.667% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.923% | $88K | $287K | 10x | as long as short |
| Variational Omni ARM | +0.0022% | 8h | 325.49 | −0.815% | $213K | $523K | — | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 325.42 | −0.838% | — | — | 10x |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0033% | 1h | 325.87 | −0.701% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 326.08 | −0.637% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.53 | −0.804% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.74 | −0.740% | $460K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 325.67 | −0.762% | $208K | $554K | 10x | as long as short |
| Gate ARM_USDT | +0.0054% | 8h | 325.97 | −0.670% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0152% | 8h | 325.84 | −0.710% | $8.6M | $51.1M | 20x | as long as short |
| Extended ARM-USD | +0.0152% | 1h | 325.77 | −0.733% | $39K | $188K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 328.17 | long leg | $5K | $52K | 12x | |
| GRVT ARM_USDT_Perp | +0.0224% | 8h | 325.76 | −0.734% | $531 | $201K | 10x | as long as short |
| Phoenix ARM | +0.0271% | 1h | 325.72 | −0.747% | $5K | $460K | 10x | as long as short |
| edgeX ARMUSDC | +0.0447% | 4h | 325.42 | −0.836% | $35K | $351K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0508% | 8h | 326.01 | −0.658% | $2.3M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0672% | 1h | 325.77 | −0.731% | $12K | $145K | 10x | as long as short |
Injective ARM/USDC PERP
Lighter ARM
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
Variational Omni ARM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
GRVT ARM_USDT_Perp
Phoenix ARM
edgeX ARMUSDC
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL