Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%

Price spread now: OKX against Bitget+0.153%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$670.668% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.207%−$21 on $10k

Price spread, last 7 days−0.178%−$18 · spread now +0.153%, 7d avg −0.011%

Together, before fees−0.384%−$38 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.164% dearer against Bitget than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ARMUSDT	325.84	0	get 0.0000% / 8h	7h 58m	$1.8M	$4.0M	20x
Short	OKX ARM-USDT-SWAP	326.34	0	get 0.0000% / 8h	7h 58m	$1.7M	$6.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BitgetbpFee OKXbpOrdersPrice spread, now +0.153%Rate

Funding earned: $0
Price spread: +0.153% → −0.011%: $16.4
Slippage, 4 orders: −$44.76
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$50.36
Costs to cover: 0.668%
Break-even: never at this rate

Slippage from Bitget: live order book, 9 min ago; OKX: live order book, 4 min ago.

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 Bitget live order book, 9 min ago	3.84 bp	19.9 bp −$20	27.0 bp −$270	70.3 bp −$7,029	doesn't fit
Sell OKX live order book, 4 min ago	1.84 bp	16.5 bp −$16	72.6 bp −$726	doesn't fit	doesn't fit

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	−0.0900%	4h	325.61	−0.072%	$35K	$352K	10x	as long as short
Deribit ARM_USDC-PERPETUAL	−0.0026%	1h	325.72	−0.037%	$12K	$128K	10x	as long as short
BloFin ARM-USDT	−0.0005%	8h	325.23	−0.187%	$124K	$45K	20x	as long as short
Aster ARMUSDT	0.0000%	8h	325.88	+0.014%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	325.97	+0.040%	$2.0M	$2.3M	25x	as long as short
OKX ARM-USDT-SWAPshort	0.0000%	8h	326.34	+0.153%	$1.7M	$6.6M	20x
Bitget ARMUSDTlong	0.0000%	8h	325.84	long leg	$1.8M	$4.0M	20x
SunX ARM-USDT	0.0000%	8h	325.17	−0.206%	$1K	$3.1M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	326.03	+0.058%	$18K	$17K	20x	as long as short
Lighter ARM	+0.0032%	1h	325.35	−0.150%	—	—	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX ARM-USD	+0.0033%	1h	325.80	−0.012%	$1.1M	$4.8M	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	326.06	+0.068%	—	—	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0048%	1h	325.94	+0.031%	$89K	$286K	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	325.30	−0.166%	$208K	$556K	10x	as long as short
Gate ARM_USDT	+0.0076%	8h	325.77	−0.021%	$1.5M	$4.0M	50x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	330.15	+1.323%	$5K	$50K	12x	as long as short
Variational Omni ARM	+0.0233%	8h	325.64	−0.063%	$213K	$523K	—	as long as short
Phoenix ARM	+0.0271%	1h	325.89	+0.015%	$5K	$460K	10x	as long as short
Binance ARMUSDT	+0.0359%	8h	325.78	−0.017%	$8.7M	$50.9M	20x	as long as short
Extended ARM-USD	+0.0360%	1h	325.68	−0.051%	$39K	$188K	10x	as long as short
GRVT ARM_USDT_Perp	+0.0384%	8h	325.77	−0.022%	$577	$199K	10x	as long as short
KuCoin ARMUSDTM	+0.0719%	8h	326.10	+0.080%	$2.3M	$120K	20x	as long as short
tradeXYZ xyz:ARM	+0.0959%	1h	325.33	−0.157%	$8.0M	$9.6M	10x	as long as short
Polymarket Perps ARM-USD	+0.1021%	1h	325.22	−0.190%	$381K	$1.8M	10x	as long as short