Funding you earn now, next payment 11:00 UTC−0.0149%/8h= −16.3% APRpaid last 24h −0.051%
Price spread now: HTX against Phoenix−0.044%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.044% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 72 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 | Phoenix ARM | 320.89 | 0.0149 | pay 0.0019% / 1h | 43m 53s | $8K | $424K | 10x |
| Short | HTX ARM-USDT | 320.75 | 0 | get 0.0000% / 8h | 4h 43m | $18K | $10K | 20x |
Phoenix ARM
HTX ARM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Phoenix. 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
- −$31.28
- Price spread: −0.044% → 0.000%
- −$4.36
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$54.65
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 61 min ago; HTX: 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 Phoenix live order book, 61 min ago | 6.52 bp | 19.0 bp −$19 | 40.7 bp −$407 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 | −0.0744% | 4h | 320.31 | −0.182% | $34K | $366K | 10x | as long as short |
| BloFin ARM-USDT | −0.0018% | 8h | 320.83 | −0.019% | $129K | $58K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.51 | +0.193% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.43 | +0.169% | $31K | $330K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.52 | +0.195% | $8.2M | $50.7M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.68 | +0.246% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.45 | +0.175% | $1.7M | $6.2M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.53 | +0.199% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 321.43 | +0.168% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.57 | −0.100% | $186K | $219K | — | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARMShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.11 | +0.069% | $1K | $2.0M | 10x | as long as short |
| HTX ARM-USDTshort | 0.0000% | 8h | 320.75 | −0.044% | $18K | $10K | 20x | |
| QFEX ARM-USD | +0.0027% | 1h | 321.28 | +0.122% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.18 | +0.090% | — | — | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0033% | 1h | 322.26 | +0.427% | $3K | $60K | 12x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.19 | +0.093% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.17 | +0.087% | $361K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.57 | −0.100% | $183K | $439K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0056% | 1h | 320.31 | −0.181% | $94K | $275K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0117% | 1h | 321.45 | +0.175% | $8.3M | $8.7M | 10x | as long as short |
| Phoenix ARMlong | +0.0149% | 1h | 320.89 | long leg | $8K | $424K | 10x | |
| GRVT ARM_USDT_Perp | +0.0163% | 8h | 321.07 | +0.055% | $327 | $264K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0176% | 8h | 321.35 | +0.143% | $2.3M | $336K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0403% | 1h | 321.65 | +0.237% | $12K | $52K | 10x | as long as short |
SunX ARM-USDT
QFEX ARM-USD
Lighter ARM
Injective ARM/USDC PERP
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
GRVT ARM_USDT_Perp
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL