Live ARM Perpetual Futures Price

The ARM perpetual price on Phoenix is $222.07, a change of +4.93% over the last 24 hours. It's the mark price of the ARM perpetual, which can differ slightly from ARM prices quoted elsewhere.

Yes. ARM perpetuals trade on Phoenix, a fully on-chain perpetuals exchange on Solana. Connect a Solana wallet or sign in with email, deposit USDC or SOL, and trade ARM 24/7.

The ARM funding rate on Phoenix is +0.0014% per hour, or +12.64% annualized. A positive rate means longs pay shorts, and a negative rate means shorts pay longs. Funding settles every hour.

ARM open interest on Phoenix is $50,757, with $39,027 traded over the last 24 hours.

Trading ARM perpetuals (perps) on Phoenix costs 0.035% for taker orders and 0.005% for maker orders, based on matched notional.

Yes. Phoenix accepts USDC and native SOL as collateral, and SOL counts toward margin at up to 80% of its value, so you can trade ARM without selling your SOL. Profit and loss settle in USDC.

Yes. ARM trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices ARM from its own order book, within 10% of the last external price.

No. ARM perpetuals give you exposure to the share price without owning shares. Profit and loss settle in USDC.

No. ARM perpetuals have no expiry date. A position stays open until you close it or it is liquidated, unless the market itself is settled or delisted under its listing terms.

Phoenix uses the mark price, not the last trade, to check account health and trigger ARM liquidations. The mark price is the median of an adjusted oracle price, the Phoenix order book price and the oracle price plus a smoothed average of the order book's gap to it, which reduces the risk of liquidations caused by a brief price spike.

The ARM trade screen on Phoenix shows the live order book, recent trades and an interactive chart. Developers can stream the same data through the Phoenix API, the Rise SDK and the Vulcan CLI.