Funding you earn now, next payment 07:00 UTC+0.0139%/8h= +15.3% APRnext payment +$0.17 per $10,000 · paid last 24h —
Price spread now: tradeXYZ 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 · tradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.025% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARM | 320.24 | 0.0032 | pay 0.0004% / 1h | 24m 09s | — | — | 10x |
| Short | tradeXYZ xyz:ARM | 320.32 | 0.0171 | get 0.0021% / 1h | 24m 09s | $8.2M | $8.7M | 10x |
Lighter ARM
tradeXYZ xyz:ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $29.27
- Price spread: +0.025% → 0.000%
- $2.5
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $13.77
- Costs to cover
- 0.180%
- Break-even
- 3.7 days
Slippage unknown: Lighter: no order-book sample; tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 1.09 bp | 12.4 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0906% | 8h | 320.14 | −0.031% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0025% | 8h | 319.87 | −0.116% | $122K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.24 | 0.000% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.08 | −0.051% | $36K | $267K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.35 | +0.033% | $8.3M | $50.4M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.41 | +0.053% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.17 | −0.022% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.37 | +0.041% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.82 | −0.131% | $184K | $282K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 319.72 | −0.161% | $249 | $229K | 10x | as long as short |
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 319.87 | −0.116% | $1K | $2.5M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 320.12 | −0.037% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.53 | −0.222% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 319.95 | −0.091% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 320.24 | long leg | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.10 | −0.044% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.14 | −0.031% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.11 | −0.353% | $184K | $432K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.19 | −0.016% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0171% | 1h | 320.32 | +0.025% | $8.2M | $8.7M | 10x | |
| Phoenix ARM | +0.0199% | 1h | 319.65 | −0.184% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 320.05 | −0.059% | $99K | $297K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.41 | +0.990% | $5K | $50K | 12x | as long as short |
| edgeX ARMUSDC | +0.0271% | 4h | 319.54 | −0.219% | $34K | $351K | 10x | as long as short |
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
edgeX ARMUSDC