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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.060%
Price spread now: tradeXYZ against Aster−0.170%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1491.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.244%+$24 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.170%, 7d avg +0.022%
Together, before fees+0.331%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.192% cheaper against Aster than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of +0.022%). If the spread goes back, that is −$19 on $10k: about 13 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.244% in total) that is about 5.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARMUSDT324.500get 0.0000% / 8h3h 45m$7K$126K20x
ShorttradeXYZ xyz:ARM323.950.0050get 0.0006% / 1h45m 57s$8.1M$8.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: −0.170% → +0.022%
−$19.19
Slippage, 4 orders
−$123.23
Fee Aster: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$157.93
Costs to cover
1.492%
Break-even
112.3 days
Slippage from Aster: live order book, 5 min ago; tradeXYZ: live order book, 3 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, 5 min ago31.49 bp49.9 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 3 min ago0.46 bp12.1 bp −$12doesn'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%8h324.50long leg$7K$126K20x
Extended ARM-USD0.0000%1h323.89−0.188%$40K$271K10xas long as short
Binance ARMUSDT0.0000%8h324.00−0.155%$8.4M$50.5M20xas long as short
Bybit ARMUSDT0.0000%8h324.09−0.127%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h323.80−0.216%$1.6M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h324.06−0.136%$1.8M$3.9M20xas long as short
Variational Omni ARM0.0000%8h324.10−0.124%$210K$294Kas long as short
GRVT ARM_USDT_Perp0.0000%8h323.30−0.371%$375$207K10xas long as short
SunX ARM-USDT0.0000%8h324.17−0.102%$1K$2.7M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h323.86−0.198%$12K$59K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h323.72−0.241%$18K$17K20xas long as short
Gate ARM_USDT+0.0007%8h324.00−0.155%$1.5M$4.3M50xas long as short
BloFin ARM-USDT+0.0012%8h323.24−0.389%$126K$49K20xas long as short
QFEX ARM-USD+0.0014%1h324.00−0.155%$1.1M$3.8M10xas long as short
Lighter ARM+0.0032%1h323.77−0.226%10xas long as short
Vest ARM-USD-PERP+0.0046%1h324.06−0.136%10xas long as short
tradeXYZ xyz:ARMshort+0.0050%1h323.95−0.170%$8.1M$8.8M10x
Polymarket Perps ARM-USD+0.0050%1h323.98−0.161%$375K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h323.10−0.432%$190K$412K10xas long as short
Phoenix ARM+0.0123%1h323.45−0.324%$5K$446K10xas long as short
Coinbase International ARM-PERP-INTX+0.0128%1h324.44−0.019%$95K$306K10xas long as short
Injective ARM/USDC PERP+0.0220%1h330.24+1.768%$5K$50K12xas long as short
KuCoin ARMUSDTM+0.0229%8h324.17−0.102%$2.3M$119K20xas long as short
edgeX ARMUSDC+0.0776%4h323.16−0.413%$34K$350K10xas long as short