Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: OKX against Injective−0.822%68s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.279%−$28 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.822% cheaper against Injective than usual: you would sell low and buy high (−$82 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 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 | Injective ARM/USDC PERP | 324.93 | 0.0220 | pay 0.0028% / 1h | 16m 12s | $5K | $50K | 12x |
| Short | OKX ARM-USDT-SWAP | 322.26 | 0 | get 0.0000% / 8h | 3h 16m | $1.6M | $6.7M | 20x |
Injective ARM/USDC PERP
OKX ARM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$46.2
- Price spread: −0.822% → 0.000%
- −$82.17
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$138.39
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; OKX: live order book, 2 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 Injective no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 1.55 bp | 14.7 bp −$15 | 51.3 bp −$513 | doesn't fit | doesn't fit |
Injective: 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 | −0.0361% | 4h | 322.47 | −0.758% | $34K | $350K | 10x | as long as short |
| Bitget ARMUSDT | −0.0272% | 8h | 322.69 | −0.689% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDT | −0.0022% | 8h | 321.53 | −1.046% | $123K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.18 | −0.847% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.40 | −0.779% | $37K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.24 | −0.828% | $8.3M | $50.7M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.48 | −0.754% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAPshort | 0.0000% | 8h | 322.26 | −0.822% | $1.6M | $6.7M | 20x | |
| Gate ARM_USDT | 0.0000% | 8h | 322.44 | −0.766% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.57 | −0.725% | $208K | $289K | — | as long as short |
edgeX ARMUSDC
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.62 | −0.711% | $868 | $214K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.74 | −0.982% | $869 | $2.6M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.59 | −1.028% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 322.48 | −0.754% | $1.1M | $3.7M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0029% | 1h | 322.58 | −0.723% | $12K | $59K | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.19 | −0.843% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.45 | −0.763% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.39 | −0.782% | $373K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.22 | −0.834% | $186K | $416K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0120% | 1h | 322.53 | −0.739% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 321.76 | −0.976% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 322.33 | −0.800% | $100K | $314K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0136% | 8h | 322.44 | −0.766% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 324.93 | long leg | $5K | $50K | 12x |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Deribit ARM_USDC-PERPETUAL
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM