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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0549%/8h= +60.1% APRnext payment +$5.49 per $10,000 · paid last 24h −0.045%
Price spread now: Aster against Bitget−0.109%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1841.836% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.260%−$26 on $10k
Price spread, last 4 days (all we have)+0.268%+$27 · spread now −0.109%, 7d avg −0.050%
Together, before fees+0.008%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.059% cheaper against Bitget than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of −0.050%). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.260%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.260% in total (about -13.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARMUSDT321.15−0.0549get 0.0549% / 8h2h 41m$1.8M$3.9M20x
ShortAster ARMUSDT320.800get 0.0000% / 8h2h 41m$7K$126K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$115.29
Price spread: −0.109% → −0.050%
−$5.91
Slippage, 4 orders
−$163.64
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$74.27
Costs to cover
1.836%
Break-even
11.5 days
Slippage from Bitget: live order book, 1 min ago; Aster: live order book, 4 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 Bitget live order book, 1 min ago4.67 bp16.0 bp −$1622.7 bp −$22797.3 bp −$9,729doesn't fit
Sell Aster live order book, 4 min ago56.93 bp77.7 bp −$78doesn'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
Bitget ARMUSDTlong−0.0549%8h321.15long leg$1.8M$3.9M20x
edgeX ARMUSDC−0.0450%4h322.21+0.330%$34K$351K10xas long as short
Aster ARMUSDTshort0.0000%8h320.80−0.109%$7K$126K20x
Extended ARM-USD0.0000%1h320.96−0.060%$35K$272K10xas long as short
Binance ARMUSDT0.0000%8h320.71−0.138%$8.2M$50.5M20xas long as short
Bybit ARMUSDT0.0000%8h320.88−0.084%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.62−0.165%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h320.97−0.056%$1.4M$4.4M50xas long as short
Variational Omni ARM0.0000%8h322.16+0.316%$192K$296Kas long as short
GRVT ARM_USDT_Perp0.0000%8h322.31+0.361%$512$218K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h320.93−0.069%$950$2.6M10xas long as short
HTX ARM-USDT0.0000%8h321.40+0.078%$18K$17K20xas long as short
QFEX ARM-USD+0.0011%1h321.04−0.034%$1.1M$3.6M10xas long as short
BloFin ARM-USDT+0.0023%8h320.74−0.128%$121K$50K20xas long as short
Lighter ARM+0.0032%1h320.90−0.078%10xas long as short
Vest ARM-USD-PERP+0.0046%1h321.25+0.031%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.97−0.056%$372K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h321.29+0.044%$184K$412K10xas long as short
KuCoin ARMUSDTM+0.0100%8h321.17+0.006%$2.3M$119K20xas long as short
tradeXYZ xyz:ARM+0.0135%1h320.67−0.149%$8.0M$8.6M10xas long as short
Coinbase International ARM-PERP-INTX+0.0176%1h320.61−0.168%$100K$307K10xas long as short
Phoenix ARM+0.0200%1h322.37+0.380%$5K$446K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0217%1h321.16+0.003%$12K$59K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.06+0.906%$5K$50K12xas long as short