Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Binance−0.073%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.073% cheaper against Binance than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 7.6 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ARMUSDT	322.54	0	get 0.0000% / 8h	2h 53m	$8.3M	$50.5M	20x
Short	Lighter ARM	322.30	0.0032	get 0.0004% / 1h	53m 23s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee BinancebpFee LighterbpOrdersPrice spread, now −0.073%Rate

Funding earned: $6.72
Price spread: −0.073% → 0.000%: −$7.32
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$10.6
Costs to cover: 0.100%
Break-even: 18.0 days

Slippage unknown: Binance: live order book, 4 min ago; Lighter: no order-book sample. Net counts fees only.

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 Binance live order book, 4 min ago	2.02 bp	13.3 bp −$13	35.9 bp −$359	115.7 bp −$11.6K	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ARM on 24 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
edgeX ARMUSDC	−0.0685%	4h	322.27	−0.082%	$34K	$350K	10x	as long as short
Bitget ARMUSDT	−0.0568%	8h	322.00	−0.166%	$1.8M	$3.9M	20x	as long as short
BloFin ARM-USDT	−0.0018%	8h	322.28	−0.079%	$123K	$51K	20x	as long as short
Aster ARMUSDT	0.0000%	8h	322.49	−0.013%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	322.39	−0.044%	$35K	$272K	10x	as long as short
Binance ARMUSDTlong	0.0000%	8h	322.54	long leg	$8.3M	$50.5M	20x
Bybit ARMUSDT	0.0000%	8h	322.62	+0.026%	$1.9M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	322.58	+0.014%	$1.6M	$6.7M	20x	as long as short
Gate ARM_USDT	0.0000%	8h	322.64	+0.032%	$1.4M	$4.3M	50x	as long as short
Variational Omni ARM	0.0000%	8h	322.18	−0.109%	$192K	$298K	—	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT ARM_USDT_Perp	0.0000%	8h	321.56	−0.303%	$974	$216K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	322.25	−0.089%	$935	$2.6M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	322.41	−0.039%	$12K	$59K	10x	as long as short
HTX ARM-USDT	0.0000%	8h	320.47	−0.641%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0011%	1h	322.47	−0.020%	$1.1M	$3.6M	10x	as long as short
Lighter ARMshort	+0.0032%	1h	322.30	−0.073%	—	—	10x
Vest ARM-USD-PERP	+0.0046%	1h	322.60	+0.020%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	322.38	−0.048%	$373K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	321.92	−0.191%	$186K	$417K	10x	as long as short
KuCoin ARMUSDTM	+0.0100%	8h	322.49	−0.014%	$2.3M	$119K	20x	as long as short
tradeXYZ xyz:ARM	+0.0158%	1h	322.53	−0.002%	$8.1M	$8.6M	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0176%	1h	321.20	−0.414%	$99K	$309K	10x	as long as short
Phoenix ARM	+0.0200%	1h	322.56	+0.007%	$5K	$446K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	324.06	+0.472%	$5K	$50K	12x	as long as short