Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0313%/8h= +34.3% APRpaid last 24h +0.085%

Price spread now: tradeXYZ against Bitget−0.006%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$610.613% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days−0.038%−$4 · spread now −0.006%, 7d avg −0.049%

Together, before fees−0.005%+ Points / potential airdroptradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and tradeXYZ is 0.043% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.049%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ARMUSDT	322.97	0	get 0.0000% / 8h	5h 48m	$1.7M	$4.2M	20x
Short	tradeXYZ xyz:ARM	322.95	0.0313	get 0.0039% / 1h	48m 49s	$8.3M	$8.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.006%Rate

Funding earned: $65.69
Price spread: −0.006% → −0.049%: $4.25
Slippage, 4 orders: −$31.33
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $8.61
Costs to cover: 0.613%
Break-even: 6.1 days

Slippage from Bitget: live order book, 2 min ago; tradeXYZ: live order book, 3 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, 2 min ago	4.33 bp	18.4 bp −$18	23.9 bp −$239	60.6 bp −$6,056	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.46 bp	12.7 bp −$13	doesn't fit	doesn't fit	doesn't fit

ARM on 24 exchanges

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	−0.0644%	4h	323.00	+0.009%	$35K	$362K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	322.69	−0.087%	$7K	$126K	20x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	322.77	−0.062%	$1.7M	$6.2M	20x	as long as short
Gate ARM_USDT	0.0000%	8h	323.13	+0.050%	$1.4M	$4.0M	50x	as long as short
Bitget ARMUSDTlong	0.0000%	8h	322.97	long leg	$1.7M	$4.2M	20x
Variational Omni ARM	0.0000%	8h	322.99	+0.005%	$187K	$219K	—	as long as short
SunX ARM-USDT	0.0000%	8h	322.33	−0.198%	$1K	$2.1M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	322.89	−0.025%	$18K	$12K	20x	as long as short
BloFin ARM-USDT	+0.0006%	8h	323.03	+0.019%	$125K	$56K	20x	as long as short
Binance ARMUSDT	+0.0006%	8h	322.77	−0.062%	$8.3M	$50.5M	20x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ARM-USD	+0.0008%	1h	322.75	−0.067%	$32K	$324K	10x	as long as short
Bybit ARMUSDT	+0.0009%	8h	323.12	+0.046%	$2.0M	$2.1M	25x	as long as short
QFEX ARM-USD	+0.0019%	1h	323.01	+0.012%	$1.1M	$3.3M	10x	as long as short
Lighter ARM	+0.0032%	1h	322.58	−0.121%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	323.12	+0.046%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	323.00	+0.009%	$373K	$1.2M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	322.66	−0.096%	$182K	$445K	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0096%	1h	321.45	−0.471%	$99K	$271K	10x	as long as short
Injective ARM/USDC PERP	+0.0207%	1h	322.26	−0.220%	$3K	$60K	12x	as long as short
KuCoin ARMUSDTM	+0.0215%	8h	322.94	−0.009%	$2.3M	$271K	20x	as long as short
Phoenix ARM	+0.0248%	1h	323.20	+0.071%	$8K	$424K	10x	as long as short
tradeXYZ xyz:ARMshort	+0.0313%	1h	322.95	−0.006%	$8.3M	$8.7M	10x
Deribit ARM_USDC-PERPETUAL	+0.0742%	1h	323.04	+0.022%	$12K	$55K	10x	as long as short
GRVT ARM_USDT_Perp	+0.0915%	8h	322.87	−0.032%	$752	$254K	10x	as long as short