Funding you earn now, next payment 02:00 UTC+0.0341%/8h= +37.3% APRnext payment +$0.43 per $10,000 · paid last 24h −0.028%
Price spread now: Extended against tradeXYZ−0.022%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$520.524% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.022%, 7d avg +0.005%
=Together, before fees−0.152%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.027% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.005%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.173%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.173% in total (about -9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 330.17 | 0.0019 | pay 0.0002% / 1h | 59m 39s | $8.4M | $8.9M | 10x |
| Short | Extended ARM-USD | 330.10 | 0.0360 | get 0.0045% / 1h | 59m 39s | $36K | $278K | 10x |
tradeXYZ xyz:ARM
Extended ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $71.61
- Price spread: −0.022% → +0.005%
- −$2.7
- Slippage, 4 orders
- −$29.37
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $16.53
- Costs to cover
- 0.524%
- Break-even
- 5.4 days
Slippage from tradeXYZ: live order book, 9 min ago; Extended: live order book, 7 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, 9 min ago | 1.51 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 7 min ago | 3.03 bp | 14.2 bp −$14 | 91.8 bp −$918 | 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 ARMUSDT | 0.0000% | 8h | 330.27 | +0.029% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 330.24 | +0.021% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 330.07 | −0.030% | $1.7M | $6.6M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 330.01 | −0.048% | $917 | $2.9M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 330.26 | +0.027% | $18K | $16K | 20x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0019% | 1h | 330.17 | long leg | $8.4M | $8.9M | 10x | |
| QFEX ARM-USD | +0.0026% | 1h | 330.11 | −0.018% | $1.1M | $4.5M | 10x | as long as short |
| BloFin ARM-USDT | +0.0029% | 8h | 330.32 | +0.045% | $127K | $46K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 329.70 | −0.142% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 330.42 | +0.076% | — | — | 10x | as long as short |
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 330.52 | +0.106% | $90K | $286K | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 330.21 | +0.012% | $382K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 329.83 | −0.103% | $207K | $536K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0142% | 8h | 330.42 | +0.076% | $473 | $187K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 330.62 | +0.136% | $5K | $460K | 10x | as long as short |
| Variational Omni ARM | +0.0213% | 8h | 330.08 | −0.028% | $214K | $526K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 333.61 | +1.042% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0235% | 1h | 330.27 | +0.030% | $12K | $125K | 10x | as long as short |
| Binance ARMUSDT | +0.0357% | 8h | 330.22 | +0.014% | $8.9M | $50.4M | 20x | as long as short |
| Extended ARM-USDshort | +0.0360% | 1h | 330.10 | −0.022% | $36K | $278K | 10x | |
| Gate ARM_USDT | +0.0439% | 8h | 330.42 | +0.076% | $1.5M | $4.1M | 50x | as long as short |
| KuCoin ARMUSDTM | +0.0843% | 8h | 330.73 | +0.170% | $2.4M | $116K | 20x | as long as short |
| Bitget ARMUSDT | +0.0902% | 8h | 330.27 | +0.030% | $1.8M | $3.8M | 20x | as long as short |
| edgeX ARMUSDC | +0.0960% | 4h | 330.35 | +0.054% | $35K | $345K | 10x | as long as short |
Coinbase International ARM-PERP-INTX
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
GRVT ARM_USDT_Perp
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
Binance ARMUSDT
Gate ARM_USDT
KuCoin ARMUSDTM
Bitget ARMUSDT
edgeX ARMUSDC