Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Aster+0.014%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$204as in the Funding arb table

Net, price: spread back to 7d avg − costs−$212as in the Price arb table

costs, in and out, $10k−$2102.100% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.014%, 7d avg +0.038%

Together, before fees+0.064%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.024% cheaper against Aster than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARMUSDT	328.74	0	get 0.0000% / 8h	6h 23m	$7K	$126K	20x
Short	OKX ARM-USDT-SWAP	328.79	0	get 0.0000% / 8h	6h 23m	$1.7M	$6.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee AsterbpFee OKXbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → +0.038%: −$2.36
Slippage, 4 orders: −$192
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$212.36
Costs to cover: 2.100%
Break-even: never at this rate

Slippage from Aster: live order book, 43 min ago; OKX: live order book, 5 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 Aster live order book, 43 min ago	45.82 bp	56.7 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.43 bp	14.2 bp −$14	46.9 bp −$469	doesn't fit	doesn't fit

ARM on 23 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
Coinbase International ARM-PERP-INTX	−0.0024%	1h	328.06	−0.208%	$99K	$287K	10x	as long as short
Aster ARMUSDTlong	0.0000%	8h	328.74	long leg	$7K	$126K	20x
Bybit ARMUSDT	0.0000%	8h	328.73	−0.004%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAPshort	0.0000%	8h	328.79	+0.014%	$1.7M	$6.6M	20x
GRVT ARM_USDT_Perp	0.0000%	8h	328.85	+0.032%	$727	$185K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.71	−0.010%	$1K	$2.8M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	328.77	+0.008%	$12K	$125K	10x	as long as short
HTX ARM-USDT	0.0000%	8h	329.22	+0.145%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0015%	1h	328.86	+0.035%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	328.66	−0.025%	—	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ARM-USD-PERP	+0.0046%	1h	329.04	+0.090%	—	—	10x	as long as short
tradeXYZ xyz:ARM	+0.0050%	1h	328.71	−0.010%	$8.3M	$8.8M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	328.73	−0.004%	$381K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	328.64	−0.032%	$204K	$399K	10x	as long as short
Phoenix ARM	+0.0121%	1h	329.03	+0.087%	$5K	$444K	10x	as long as short
Variational Omni ARM	+0.0142%	8h	329.17	+0.128%	$214K	$333K	—	as long as short
edgeX ARMUSDC	+0.0157%	4h	328.73	−0.004%	$35K	$344K	10x	as long as short
Gate ARM_USDT	+0.0176%	8h	328.99	+0.075%	$1.5M	$4.2M	50x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	331.58	+0.863%	$5K	$50K	12x	as long as short
Binance ARMUSDT	+0.0262%	8h	328.75	+0.001%	$8.6M	$50.4M	20x	as long as short
Extended ARM-USD	+0.0264%	1h	328.71	−0.009%	$36K	$274K	10x	as long as short
Bitget ARMUSDT	+0.0519%	8h	328.91	+0.051%	$1.8M	$3.8M	20x	as long as short
KuCoin ARMUSDTM	+0.0791%	8h	328.95	+0.063%	$2.4M	$121K	20x	as long as short