Settings8H · net · $10k
Funding arb · Price arb /

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0725%/8h= −79.4% APRpaid last 24h +0.077%
Price spread now: edgeX against Aster+0.153%100s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1441.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.155%+$15 on $10k
Price spread, last 3 days (all we have)−0.188%−$19 · spread now +0.153%, 7d avg +0.042%
Together, before fees−0.033%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.111% dearer against Aster than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of +0.042%): +$11 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.155%, so the current rate has only just turned against you. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.155% in total (about 8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARMUSDT325.290get 0.0000% / 8h7h 59m$7K$126K20x
ShortedgeX ARMUSDC325.79−0.0725pay 0.0363% / 4h3h 59m$35K$352K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$152.32
Price spread: +0.153% → +0.042%
$11.05
Slippage, 4 orders
−$126.93
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$285.2
Costs to cover
1.439%
Break-even
never at this rate
Slippage from Aster: live order book, 11 min ago; edgeX: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 11 min ago53.04 bp63.5 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 13 min ago1.38 bp6.4 bp −$680.9 bp −$809doesn't fitdoesn't fit

ARM on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ARMUSDCshort−0.0725%4h325.79+0.153%$35K$352K10x
BloFin ARM-USDT−0.0027%8h325.80+0.157%$124K$45K20xas long as short
Aster ARMUSDTlong0.0000%8h325.29long leg$7K$126K20x
Bybit ARMUSDT0.0000%8h325.61+0.098%$2.0M$2.4M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h325.38+0.027%$1.7M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h325.55+0.080%$1.8M$4.2M20xas long as short
SunX ARM-USDT0.0000%8h325.17−0.037%$1K$3.1M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h325.49+0.061%$12K$128K10xas long as short
HTX ARM-USDT0.0000%8h326.03+0.227%$18K$17K20xas long as short
Coinbase International ARM-PERP-INTX+0.0016%1h325.94+0.200%$89K$286K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARM+0.0032%1h325.40+0.034%10xas long as short
QFEX ARM-USD+0.0033%1h325.51+0.067%$1.1M$4.8M10xas long as short
Vest ARM-USD-PERP+0.0046%1h325.64+0.107%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h325.56+0.083%$381K$2.1M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h325.72+0.132%$208K$551K10xas long as short
Gate ARM_USDT+0.0077%8h325.59+0.092%$1.5M$4.2M50xas long as short
tradeXYZ xyz:ARM+0.0122%1h325.55+0.080%$8.0M$9.6M10xas long as short
Injective ARM/USDC PERP+0.0220%1h330.15+1.494%$5K$52K12xas long as short
Variational Omni ARM+0.0233%8h325.64+0.106%$213K$523Kas long as short
Phoenix ARM+0.0271%1h325.87+0.178%$5K$460K10xas long as short
Extended ARM-USD+0.0352%1h325.38+0.026%$39K$188K10xas long as short
Binance ARMUSDT+0.0356%8h325.39+0.031%$8.6M$50.9M20xas long as short
GRVT ARM_USDT_Perp+0.0373%8h325.92+0.193%$577$199K10xas long as short
KuCoin ARMUSDTM+0.0718%8h325.83+0.166%$2.3M$119K20xas long as short