Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.062%
Price spread now: Aster against tradeXYZ−0.009%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2012.013% of the position
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.009%, 7d avg −0.023%
=Together, before fees−0.172%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 327.30 | 0.0050 | pay 0.0006% / 1h | 9m 47s | $8.3M | $8.8M | 10x |
| Short | Aster ARMUSDT | 327.27 | 0 | get 0.0000% / 8h | 4h 09m | $7K | $126K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$10.5
- Price spread: −0.009% → −0.023%
- $1.35
- Slippage, 4 orders
- −$175.3
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$210.45
- Costs to cover
- 2.013%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Aster: live order book, 46 min ago.
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 tradeXYZ live order book, 8 min ago | 1.07 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 46 min ago | 51.70 bp | 76.9 bp −$77 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDTshort | 0.0000% | 8h | 327.27 | −0.009% | $7K | $126K | 20x | |
| Extended ARM-USD | 0.0000% | 1h | 327.19 | −0.035% | $36K | $270K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 327.29 | −0.003% | $8.6M | $50.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.28 | −0.006% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.20 | −0.031% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 327.25 | −0.015% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 326.73 | −0.173% | $212K | $301K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 326.52 | −0.238% | $359 | $201K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 326.63 | −0.205% | $1K | $2.7M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 326.88 | −0.128% | $12K | $59K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 326.43 | −0.266% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0018% | 8h | 326.56 | −0.226% | $127K | $49K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 326.69 | −0.186% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.20 | −0.031% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 326.84 | −0.141% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0050% | 1h | 327.30 | long leg | $8.3M | $8.8M | 10x | |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 326.76 | −0.165% | $378K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 326.66 | −0.196% | $197K | $416K | 10x | as long as short |
| Gate ARM_USDT | +0.0067% | 8h | 327.15 | −0.046% | $1.5M | $4.3M | 50x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 327.01 | −0.089% | $97K | $303K | 10x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 326.49 | −0.247% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.01 | +0.828% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0327% | 8h | 327.24 | −0.018% | $2.3M | $119K | 20x | as long as short |
| edgeX ARMUSDC | +0.0532% | 4h | 326.45 | −0.258% | $35K | $350K | 10x | as long as short |
tradeXYZ xyz:ARM
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
edgeX ARMUSDC