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+0.0364%/8h= +39.9% APRnext payment +$3.64 per $10,000 · paid last 24h +0.058%
Price spread now: KuCoin against Aster+0.162%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$401as in the Funding arb table
Net, price: spread back to 7d avg − costs−$414as in the Price arb table
costs, in and out, $10k−$4274.267% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.258%+$26 on $10k
Price spread, last 4 days (all we have)−0.379%−$38 · spread now +0.162%, 7d avg +0.034%
Together, before fees−0.121%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and KuCoin is 0.128% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARMUSDT324.090get 0.0000% / 8h1h 20m$7K$126K20x
ShortKuCoin ARMUSDTM324.610.0364get 0.0364% / 8h1h 20m$2.3M$118K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$76.44
Price spread: +0.162% → +0.034%
$12.77
Slippage, 4 orders
−$406.67
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$337.47
Costs to cover
4.267%
Break-even
37.9 days
Slippage from Aster: live order book, 60 min ago; KuCoin: live order book, 6 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, 60 min ago60.02 bp84.0 bp −$84doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago3.85 bp221.1 bp −$221doesn't fitdoesn'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
Aster ARMUSDTlong0.0000%8h324.09long leg$7K$126K20x
Bybit ARMUSDT0.0000%8h324.31+0.069%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h324.43+0.106%$1.7M$6.8M20xas long as short
Bitget ARMUSDT0.0000%8h324.58+0.153%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h324.60+0.160%$277K$459Kas long as short
SunX ARM-USDT0.0000%8h323.76−0.100%$971$3.2M10xas long as short
HTX ARM-USDT0.0000%8h324.35+0.082%$18K$16K20xas long as short
BloFin ARM-USDT+0.0008%8h324.15+0.020%$123K$44K20xas long as short
Lighter ARM+0.0032%1h324.20+0.035%10xas long as short
QFEX ARM-USD+0.0043%1h324.47+0.119%$1.1M$4.7M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ARM-USD-PERP+0.0046%1h324.52+0.134%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h324.31+0.069%$366K$1.5M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h323.96−0.039%$215K$554K10xas long as short
Gate ARM_USDT+0.0064%8h324.62+0.165%$1.5M$4.1M50xas long as short
Extended ARM-USD+0.0080%1h324.50+0.128%$39K$188K10xas long as short
Binance ARMUSDT+0.0082%8h324.60+0.160%$8.6M$51.2M20xas long as short
Coinbase International ARM-PERP-INTX+0.0088%1h323.28−0.249%$83K$289K10xas long as short
Phoenix ARM+0.0198%1h324.36+0.085%$5K$460K10xas long as short
GRVT ARM_USDT_Perp+0.0202%8h324.50+0.128%$383$211K10xas long as short
Injective ARM/USDC PERP+0.0220%1h326.88+0.862%$5K$52K12xas long as short
tradeXYZ xyz:ARM+0.0251%1h324.44+0.109%$7.9M$10.0M10xas long as short
KuCoin ARMUSDTMshort+0.0364%8h324.61+0.162%$2.3M$118K20x
Deribit ARM_USDC-PERPETUAL+0.0429%1h324.45+0.112%$12K$145K10xas long as short
edgeX ARMUSDC+0.0955%4h324.55+0.143%$35K$348K10xas long as short