Funding you earn now, next payment 05:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h —
Price spread now: BloFin against Lighter+0.099%90s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. BloFin is 0.099% dearer against Lighter than usual: you sell high and buy low (spread +0.099% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.1 days. The two prices were read 90 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 | Lighter ARM | 323.55 | 0.0032 | pay 0.0004% / 1h | 43m 43s | — | — | 10x |
| Short | BloFin ARM-USDT | 323.87 | −0.0022 | pay 0.0022% / 8h | 3h 43m | $124K | $49K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- −$11.41
- Price spread: +0.099% → 0.000%
- $9.89
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$13.52
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; BloFin: live order book, 45 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 Lighter no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 45 min ago | 0.15 bp | 9.2 bp −$9 | 23.8 bp −$238 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0613% | 4h | 323.86 | +0.096% | $34K | $350K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | −0.0151% | 1h | 323.86 | +0.096% | $12K | $59K | 10x | as long as short |
| BloFin ARM-USDTshort | −0.0022% | 8h | 323.87 | +0.099% | $124K | $49K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 324.15 | +0.186% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.87 | +0.100% | $40K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 323.94 | +0.120% | $8.4M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 323.83 | +0.087% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.90 | +0.108% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 324.06 | +0.158% | $1.5M | $4.3M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.98 | +0.133% | $1.8M | $3.9M | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARM | 0.0000% | 8h | 324.10 | +0.169% | $210K | $294K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 323.30 | −0.078% | $375 | $207K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.17 | +0.192% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.72 | +0.053% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 323.75 | +0.062% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 323.55 | long leg | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.97 | +0.130% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 323.78 | +0.071% | $8.1M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.78 | +0.071% | $375K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.74 | +0.059% | $190K | $413K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 324.14 | +0.182% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | +0.275% | $95K | $306K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0219% | 8h | 323.86 | +0.096% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +2.068% | $5K | $50K | 12x | as long as short |
Lighter ARM
BloFin ARM-USDT
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL
Aster ARMUSDT
Extended ARM-USD
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
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Phoenix ARM
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Injective ARM/USDC PERP