Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h —
Price spread now: Lighter against tradeXYZ−0.037%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.037% cheaper against tradeXYZ 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 327.22 | 0.0050 | pay 0.0006% / 1h | 33m 14s | $8.2M | $8.8M | 10x |
| Short | Lighter ARM | 327.10 | 0.0032 | get 0.0004% / 1h | 33m 14s | — | — | 10x |
tradeXYZ xyz:ARM
Lighter ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$3.78
- Price spread: −0.037% → 0.000%
- −$3.67
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$25.45
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 5 min ago; Lighter: 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 tradeXYZ live order book, 5 min ago | 1.07 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0001% | 8h | 327.24 | +0.006% | $128K | $49K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 327.41 | +0.059% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.27 | +0.015% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.09 | −0.040% | $1.7M | $6.7M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 327.28 | +0.019% | $212K | $307K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.41 | +0.058% | $373 | $198K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.21 | −0.003% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.07 | −0.046% | $18K | $16K | 20x | as long as short |
| Binance ARMUSDT | +0.0023% | 8h | 327.24 | +0.006% | $8.6M | $50.1M | 20x | as long as short |
| Extended ARM-USD | +0.0024% | 1h | 327.16 | −0.020% | $39K | $271K | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Binance ARMUSDT
Extended ARM-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0025% | 1h | 327.10 | −0.037% | $1.1M | $4.0M | 10x | as long as short |
| Bitget ARMUSDT | +0.0030% | 8h | 327.34 | +0.037% | $1.8M | $3.9M | 20x | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 327.10 | −0.037% | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.36 | +0.043% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0050% | 1h | 327.22 | long leg | $8.2M | $8.8M | 10x | |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.08 | −0.043% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.14 | −0.024% | $200K | $408K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 327.37 | +0.046% | $98K | $300K | 10x | as long as short |
| Gate ARM_USDT | +0.0107% | 8h | 327.42 | +0.061% | $1.5M | $4.3M | 50x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 327.36 | +0.043% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.69 | +1.060% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0270% | 1h | 327.28 | +0.018% | $12K | $125K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0431% | 8h | 327.25 | +0.009% | $2.3M | $119K | 20x | as long as short |
| edgeX ARMUSDC | +0.0506% | 4h | 327.26 | +0.014% | $35K | $348K | 10x | as long as short |
QFEX ARM-USD
Bitget ARMUSDT
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
Gate ARM_USDT
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM
edgeX ARMUSDC