Funding you earn now, next payment 07:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.055%
Price spread now: Phoenix against SunX−0.040%7-day average +0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.291%+$29 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.040%, 7d avg +0.005%
=Funding pays, the price is against you. Phoenix is 0.046% cheaper against SunX than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.005%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARM-USDT | 322.19 | 0 | get 0.0000% / 8h | 36m 33s | $999 | $2.4M | 10x |
| Short | Phoenix ARM | 322.06 | 0.0224 | get 0.0028% / 1h | 36m 33s | $5K | $444K | 10x |
SunX ARM-USDT
Phoenix ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against SunX. 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
- $47.03
- Price spread: −0.040% → +0.005%
- −$4.57
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $27.46
- Costs to cover
- 0.150%
- Break-even
- 2.9 days
Slippage unknown: SunX: live order book, 11 min ago; Phoenix: live order book, 66 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 SunX live order book, 11 min ago | 500.09 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 66 min ago | 6.56 bp | 18.9 bp −$19 | 40.8 bp −$408 | doesn't fit | doesn't fit |
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 | −0.0507% | 8h | 322.13 | −0.019% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0025% | 8h | 322.18 | −0.003% | $122K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.12 | −0.021% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.96 | −0.072% | $35K | $314K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.06 | −0.041% | $8.3M | $50.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.03 | −0.050% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.95 | −0.074% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.17 | −0.006% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.74 | +0.171% | $186K | $251K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.22 | +0.008% | $709 | $233K | 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-USDTlong | 0.0000% | 8h | 322.19 | long leg | $999 | $2.4M | 10x | |
| HTX ARM-USDT | 0.0000% | 8h | 322.23 | +0.012% | $18K | $15K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.85 | −0.106% | $1.1M | $3.5M | 10x | as long as short |
| edgeX ARMUSDC | +0.0030% | 4h | 322.30 | +0.034% | $34K | $353K | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.83 | −0.112% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.37 | +0.056% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.32 | +0.040% | $373K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.92 | −0.084% | $186K | $434K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 322.16 | −0.009% | $2.3M | $115K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 321.18 | −0.313% | $97K | $289K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 325.57 | +1.049% | $5K | $49K | 12x | as long as short |
| tradeXYZ xyz:ARM | +0.0221% | 1h | 321.99 | −0.062% | $8.2M | $8.6M | 10x | as long as short |
| Phoenix ARMshort | +0.0224% | 1h | 322.06 | −0.040% | $5K | $444K | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0402% | 1h | 322.08 | −0.034% | $12K | $59K | 10x | as long as short |
HTX ARM-USDT
QFEX ARM-USD
edgeX ARMUSDC
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
tradeXYZ xyz:ARM
Deribit ARM_USDC-PERPETUAL