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+0.0833%/8h= +91.2% APRpaid last 24h +0.021%
Price spread now: Injective against Bitget+0.783%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Injective is 0.783% dearer against Bitget than usual: you sell high and buy low: +$78 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.098% in total (about 5.1% 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
LongBitget ARMUSDT321.86−0.0613get 0.0613% / 8h43m 06s$1.7M$4.0M20x
ShortInjective ARM/USDC PERP324.380.0220get 0.0028% / 1h43m 06s$5K$49K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$174.93
Price spread: +0.783% → 0.000%
$78.29
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$241.2
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Bitget: live order book, 5 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago4.19 bp10.7 bp −$1111.3 bp −$11348.2 bp −$4,819doesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ARMUSDTlong−0.0613%8h321.86long leg$1.7M$4.0M20x
Aster ARMUSDT0.0000%8h322.09+0.072%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h322.16+0.094%$35K$314K10xas long as short
Binance ARMUSDT0.0000%8h322.20+0.106%$8.3M$50.1M20xas long as short
Bybit ARMUSDT0.0000%8h322.29+0.134%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.07+0.065%$1.6M$6.5M20xas long as short
Gate ARM_USDT0.0000%8h322.34+0.149%$1.4M$4.1M50xas long as short
Variational Omni ARM0.0000%8h321.97+0.035%$185K$252Kas long as short
GRVT ARM_USDT_Perp0.0000%8h321.72−0.045%$743$233K10xas long as short
SunX ARM-USDT0.0000%8h321.82−0.012%$998$2.4M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h321.93+0.022%$18K$15K20xas long as short
BloFin ARM-USDT+0.0015%8h322.24+0.118%$122K$52K20xas long as short
edgeX ARMUSDC+0.0022%4h321.87+0.004%$34K$354K10xas long as short
QFEX ARM-USD+0.0025%1h321.98+0.037%$1.2M$3.5M10xas long as short
Lighter ARM+0.0032%1h321.99+0.040%10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.20+0.106%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.11+0.078%$372K$1.2M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h322.00+0.043%$186K$438K10xas long as short
KuCoin ARMUSDTM+0.0100%8h322.08+0.068%$2.3M$116K20xas long as short
Coinbase International ARM-PERP-INTX+0.0160%1h321.18−0.211%$97K$290K10xas long as short
Injective ARM/USDC PERPshort+0.0220%1h324.38+0.783%$5K$49K12x
tradeXYZ xyz:ARM+0.0221%1h322.18+0.099%$8.2M$8.6M10xas long as short
Phoenix ARM+0.0224%1h322.06+0.062%$5K$444K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0495%1h322.28+0.130%$12K$59K10xas long as short