After costs, if the gap returns to its 7d average, $10k−$55
spread now+0.016%7d average+0.105%fees + slippage, in and out−$47spread needed0.465%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ARM | 319.45 | 0.0126 | pay 0.0016% / 1h | 58m 08s | $12K | $416K | 10x |
| Short | Binance ARMUSDT | 319.50 | 0 | get 0.0000% / 8h | 6h 58m | $8.4M | $44.8M | 20x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1.57
- Funding while held
- −$3.77
- Slippage, 4 orders
- −$29.5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$48.71
- Spread needed to break even
- 0.465%
Slippage from Phoenix: live order book, 45 min ago; Binance: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0126%
- Per $10,000 a day
- −$3.77
- Average in range /8h
- —
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 Phoenix live order book, 45 min ago | 5.01 bp | 15.5 bp −$15 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.31 bp | 9.6 bp −$10 | 26.9 bp −$269 | 72.0 bp −$7,203 | doesn't fit |
ARM price on every exchange
against the cheapest. Click to use as the short leg.ARM on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.125% | −0.0001% | 8h | $125K | $38K | 20x | as long as short |
| SunX ARM-USDT | −0.066% | 0.0000% | 8h | $1K | $3.2M | 10x | as long as short |
| KuCoin ARMUSDTM | −0.047% | +0.0100% | 8h | $2.3M | $104K | 20x | as long as short |
| Ondo Perps ARM-USD.P | −0.044% | +0.0050% | 1h | $203K | $674K | 10x | as long as short |
| edgeX ARMUSDC | −0.034% | +0.0066% | 4h | $35K | $340K | 10x | as long as short |
| Polymarket Perps ARM-USD | −0.003% | +0.0050% | 1h | $371K | $1.4M | 10x | as long as short |
| Phoenix ARMlong | 0.000% | +0.0126% | 1h | $12K | $416K | 10x | |
| Aster ARMUSDT | +0.010% | 0.0000% | 8h | $4K | $109K | 20x | as long as short |
| Binance ARMUSDTshort | +0.016% | 0.0000% | 8h | $8.4M | $44.8M | 20x | |
| OKX ARM-USDT-SWAP | +0.016% | 0.0000% | 8h | $1.7M | $5.9M | 20x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ARM_USDT | +0.019% | 0.0000% | 8h | $1.3M | $3.3M | 50x | as long as short |
| Variational Omni ARM | +0.021% | 0.0000% | 8h | $192K | $448K | — | as long as short |
| Bitget ARMUSDT | +0.022% | 0.0000% | 8h | $1.8M | $3.9M | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.022% | 0.0000% | 1h | $12K | $144K | 10x | as long as short |
| Extended ARM-USD | +0.024% | 0.0000% | 1h | $38K | $188K | 10x | as long as short |
| Lighter ARM | +0.025% | +0.0032% | 1h | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.028% | +0.0002% | 1h | $1.1M | $4.0M | 10x | as long as short |
| HTX ARM-USDT | +0.028% | 0.0000% | 8h | $18K | $15K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.047% | −0.0064% | 1h | $102K | $254K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.053% | +0.0050% | 1h | $7.5M | $9.5M | 10x | as long as short |
| Bybit ARMUSDT | +0.059% | 0.0000% | 8h | $2.0M | $2.4M | 25x | as long as short |
| Vest ARM-USD-PERP | +0.085% | +0.0046% | 1h | — | — | 10x | as long as short |
| Injective ARM/USDC PERP | +9.945% | +0.0220% | 1h | $18K | $46K | 12x | as long as short |
Phoenix ARM
Binance ARMUSDT
BloFin
SunX
KuCoin
Polymarket Perps
Aster
OKX
Gate
Variational Omni
Bitget
Deribit
Extended
Lighter
HTX
Coinbase International
tradeXYZ
Bybit
Injective