After costs, if the gap returns to its 7d average, $10k−$26
spread now+0.613%7d average+0.018%fees + slippage, in and out−$86spread needed0.860%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ARM | 319.48 | 0.0126 | pay 0.0016% / 1h | 25m 14s | $17K | $421K | 10x |
| Short | Gate ARM_USDT | 321.44 | 0 | get 0.0000% / 8h | 5h 25m | $1.5M | $3.8M | 50x |
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
- $61.35
- Funding while held
- −$3.77
- Slippage, 4 orders
- −$63.96
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$28.38
- Spread needed to break even
- 0.860%
Slippage from Phoenix: live order book, 9 min ago; Gate: live order book, 4 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, 9 min ago | 5.00 bp | 15.5 bp −$15 | 32.4 bp −$324 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.53 bp | 37.9 bp −$38 | 68.4 bp −$684 | 88.7 bp −$8,875 | 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 | |
|---|---|---|---|---|---|---|---|
| Phoenix ARMlong | 0.000% | +0.0126% | 1h | $17K | $421K | 10x | |
| edgeX ARMUSDC | +0.034% | −0.0206% | 4h | $35K | $340K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.163% | −0.0008% | 1h | $102K | $258K | 10x | as long as short |
| BloFin ARM-USDT | +0.279% | −0.0005% | 8h | $126K | $40K | 20x | as long as short |
| Variational Omni ARM | +0.288% | 0.0000% | 8h | $193K | $480K | — | as long as short |
| Ondo Perps ARM-USD.P | +0.460% | +0.0050% | 1h | $203K | $685K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.495% | +0.0050% | 1h | $7.4M | $9.6M | 10x | as long as short |
| Bitget ARMUSDT | +0.507% | 0.0000% | 8h | $1.8M | $3.9M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.510% | +0.0100% | 8h | $2.3M | $106K | 20x | as long as short |
| OKX ARM-USDT-SWAP | +0.520% | 0.0000% | 8h | $1.7M | $6.2M | 20x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.526% | +0.0032% | 1h | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.529% | +0.0050% | 1h | $373K | $1.4M | 10x | as long as short |
| Binance ARMUSDT | +0.535% | 0.0000% | 8h | $8.4M | $47.0M | 20x | as long as short |
| QFEX ARM-USD | +0.538% | +0.0009% | 1h | $1.1M | $4.1M | 10x | as long as short |
| Aster ARMUSDT | +0.542% | 0.0000% | 8h | $6K | $116K | 20x | as long as short |
| SunX ARM-USDT | +0.551% | 0.0000% | 8h | $1K | $3.2M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.557% | +0.0046% | 1h | — | — | 10x | as long as short |
| Extended ARM-USD | +0.562% | 0.0000% | 1h | $38K | $188K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.570% | +0.0061% | 1h | $12K | $144K | 10x | as long as short |
| Gate ARM_USDTshort | +0.613% | 0.0000% | 8h | $1.5M | $3.8M | 50x | |
| HTX ARM-USDT | +0.626% | 0.0000% | 8h | $18K | $15K | 20x | as long as short |
| Bybit ARMUSDT | +0.632% | 0.0000% | 8h | $2.0M | $2.5M | 25x | as long as short |
| Injective ARM/USDC PERP | +10.095% | +0.0220% | 1h | $18K | $46K | 12x | as long as short |
Phoenix ARM
Gate ARM_USDT
Coinbase International
BloFin
Variational Omni
tradeXYZ
Bitget
KuCoin
OKX
Lighter
Polymarket Perps
Binance
Aster
SunX
Extended
Deribit
HTX
Bybit
Injective