Funding you earn now, next payment 11:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h —
Price spread now: Deribit against Lighter+0.025%7-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. Deribit is 0.025% dearer against Lighter than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARM | 321.87 | 0.0032 | pay 0.0004% / 1h | 46m 05s | — | — | 10x |
| Short | Deribit ARM_USDC-PERPETUAL | 321.95 | −0.0060 | pay 0.0008% / 1h | 46m 05s | $12K | $55K | 10x |
Lighter ARM
Deribit ARM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$19.43
- Price spread: +0.025% → 0.000%
- $2.49
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$23.94
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Deribit: 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Lighter and Deribit: 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 exchanges
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 | −0.0644% | 4h | 323.00 | +0.351% | $35K | $362K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALshort | −0.0060% | 1h | 321.95 | +0.025% | $12K | $55K | 10x | |
| BloFin ARM-USDT | −0.0022% | 8h | 322.43 | +0.174% | $125K | $56K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.20 | +0.102% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.06 | +0.059% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.82 | −0.016% | $1.7M | $6.2M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.25 | +0.118% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 321.95 | +0.025% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.99 | +0.347% | $187K | $219K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.08 | +0.065% | $1K | $2.1M | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 322.89 | +0.317% | $18K | $11K | 20x | as long as short |
| Binance ARMUSDT | +0.0005% | 8h | 321.95 | +0.025% | $8.2M | $50.5M | 20x | as long as short |
| Extended ARM-USD | +0.0008% | 1h | 321.99 | +0.038% | $32K | $324K | 10x | as long as short |
| QFEX ARM-USD | +0.0019% | 1h | 322.12 | +0.078% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 321.87 | long leg | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.21 | +0.106% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.27 | +0.124% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.66 | +0.245% | $182K | $445K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0096% | 1h | 321.45 | −0.130% | $99K | $271K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0207% | 1h | 322.26 | +0.121% | $3K | $60K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0209% | 8h | 322.16 | +0.090% | $2.3M | $275K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0228% | 1h | 321.64 | −0.071% | $8.3M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0248% | 1h | 323.20 | +0.413% | $8K | $424K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0873% | 8h | 323.11 | +0.385% | $291 | $254K | 10x | as long as short |
HTX ARM-USDT
Binance ARMUSDT
Extended ARM-USD
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
GRVT ARM_USDT_Perp