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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0315%/8h= +34.4% APRpaid last 24h −0.002%
Price spread now: edgeX against Binance+0.103%50s7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$340.343% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 2 days (all we have)−0.149%−$15 · spread now +0.103%, 7d avg −0.023%
Together, before fees−0.142%+ Points / potential airdropedgeX: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and edgeX is 0.126% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.023%. The two prices were read 50 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 0.007% in total (about 0.4% 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
LongBinance ARMUSDT329.840.0352pay 0.0352% / 8h7h 06m$8.9M$50.4M20x
ShortedgeX ARMUSDC330.180.0667get 0.0333% / 4h3h 06m$35K$344K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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
$66.06
Price spread: +0.103% → −0.023%
$12.58
Slippage, 4 orders
−$15.3
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$44.35
Costs to cover
0.343%
Break-even
2.3 days
Slippage from Binance: live order book, 5 min ago; edgeX: live order book, 2 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 Binance live order book, 5 min ago1.36 bp11.7 bp −$1234.1 bp −$34193.2 bp −$9,325doesn't fit
Sell edgeX live order book, 2 min ago1.36 bp6.4 bp −$688.5 bp −$885doesn'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 ARMUSDT0.0000%8h329.78−0.018%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h329.79−0.015%$2.0M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h329.83−0.003%$1.7M$6.7M20xas long as short
SunX ARM-USDT0.0000%8h329.77−0.021%$1K$2.9M10xas long as short
HTX ARM-USDT0.0000%8h330.51+0.203%$18K$16K20xas long as short
BloFin ARM-USDT+0.0002%8h330.08+0.073%$127K$46K20xas long as short
QFEX ARM-USD+0.0026%1h329.91+0.021%$1.1M$4.6M10xas long as short
Lighter ARM+0.0032%1h329.70−0.042%10xas long as short
Vest ARM-USD-PERP+0.0046%1h330.17+0.100%10xas long as short
Coinbase International ARM-PERP-INTX+0.0048%1h330.10+0.079%$91K$284K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ARM-USD.P+0.0050%1h329.80−0.012%$204K$524K10xas long as short
Polymarket Perps ARM-USD+0.0061%1h329.85+0.003%$382K$1.3M10xas long as short
tradeXYZ xyz:ARM+0.0100%1h329.76−0.024%$8.4M$8.9M10xas long as short
GRVT ARM_USDT_Perp+0.0161%8h330.18+0.103%$479$188K10xas long as short
Phoenix ARM+0.0197%1h330.30+0.139%$5K$460K10xas long as short
Variational Omni ARM+0.0205%8h330.03+0.056%$214K$526Kas long as short
Injective ARM/USDC PERP+0.0220%1h333.61+1.143%$5K$50K12xas long as short
Gate ARM_USDT+0.0334%8h329.95+0.033%$1.5M$4.1M50xas long as short
Extended ARM-USD+0.0352%1h329.92+0.025%$38K$273K10xas long as short
Binance ARMUSDTlong+0.0352%8h329.84long leg$8.9M$50.4M20x
Deribit ARM_USDC-PERPETUAL+0.0387%1h329.98+0.042%$12K$125K10xas long as short
edgeX ARMUSDCshort+0.0667%4h330.18+0.103%$35K$344K10x
KuCoin ARMUSDTM+0.0824%8h330.40+0.170%$2.4M$116K20xas long as short
Bitget ARMUSDT+0.0881%8h329.98+0.042%$1.8M$3.9M20xas long as short