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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.029%
Price spread now: KuCoin against Bitget+0.121%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$3013.015% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days−0.085%−$8 · spread now +0.121%, 7d avg −0.010%
Together, before fees−0.095%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.131% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARMUSDT323.020get 0.0000% / 8h2h 09m$1.7M$4.2M20x
ShortKuCoin ARMUSDTM323.410.0100get 0.0100% / 8h2h 09m$2.3M$118K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.121% → −0.010%
$13.08
Slippage, 4 orders
−$277.5
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$267.42
Costs to cover
3.015%
Break-even
96.1 days
Slippage from Bitget: live order book, 9 min ago; KuCoin: live order book, 7 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, 9 min ago3.87 bp15.7 bp −$1623.7 bp −$23767.2 bp −$6,724doesn't fit
Sell KuCoin live order book, 7 min ago6.65 bp156.5 bp −$156doesn'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 ARMUSDT0.0000%8h322.83−0.059%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h323.00−0.005%$39K$188K10xas long as short
Binance ARMUSDT0.0000%8h323.03+0.003%$8.5M$51.1M20xas long as short
Bybit ARMUSDT0.0000%8h322.95−0.022%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h323.04+0.006%$1.6M$6.7M20xas long as short
Bitget ARMUSDTlong0.0000%8h323.02long leg$1.7M$4.2M20x
Variational Omni ARM0.0000%8h323.31+0.090%$276K$460Kas long as short
SunX ARM-USDT0.0000%8h322.57−0.139%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h322.89−0.040%$18K$16K20xas long as short
Gate ARM_USDT+0.0010%8h323.18+0.050%$1.5M$4.0M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ARM-USDT+0.0010%8h323.28+0.080%$122K$44K20xas long as short
GRVT ARM_USDT_Perp+0.0023%8h323.31+0.088%$837$214K10xas long as short
Coinbase International ARM-PERP-INTX+0.0024%1h322.90−0.037%$91K$278K10xas long as short
Lighter ARM+0.0032%1h322.63−0.121%10xas long as short
QFEX ARM-USD+0.0035%1h322.97−0.015%$1.1M$4.6M10xas long as short
Vest ARM-USD-PERP+0.0046%1h323.09+0.022%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.92−0.031%$374K$1.5M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h322.83−0.059%$210K$549K10xas long as short
tradeXYZ xyz:ARM+0.0054%1h322.92−0.031%$7.6M$9.9M10xas long as short
KuCoin ARMUSDTMshort+0.0100%8h323.41+0.121%$2.3M$118K20x
Phoenix ARM+0.0149%1h323.15+0.040%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h326.29+1.012%$5K$52K12xas long as short
edgeX ARMUSDC+0.0291%4h323.30+0.087%$34K$346K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0865%1h323.10+0.025%$12K$145K10xas long as short