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+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.016%
Price spread now: Bybit against BloFin+0.022%52s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.628% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.022%, 7d avg +0.029%
Together, before fees+0.081%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ARM-USDT322.28−0.0018get 0.0018% / 8h2h 54m$123K$51K20x
ShortBybit ARMUSDT322.350get 0.0000% / 8h2h 54m$1.9M$2.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
$3.86
Price spread: +0.022% → +0.029%
−$0.75
Slippage, 4 orders
−$39.84
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$59.73
Costs to cover
0.628%
Break-even
115.4 days
Slippage from BloFin: live order book, 24 min ago; Bybit: live order book, 2 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 BloFin live order book, 24 min ago0.78 bp15.9 bp −$1634.8 bp −$348doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago5.59 bp15.6 bp −$1695.7 bp −$957doesn'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
edgeX ARMUSDC−0.0810%4h321.61−0.207%$34K$349K10xas long as short
Bitget ARMUSDT−0.0573%8h321.97−0.096%$1.8M$3.9M20xas long as short
BloFin ARM-USDTlong−0.0018%8h322.28long leg$123K$51K20x
Aster ARMUSDT0.0000%8h322.27−0.004%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h322.29+0.005%$35K$272K10xas long as short
Binance ARMUSDT0.0000%8h322.37+0.028%$8.3M$50.5M20xas long as short
Bybit ARMUSDTshort0.0000%8h322.35+0.022%$1.9M$2.2M25x
OKX ARM-USDT-SWAP0.0000%8h322.35+0.022%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h322.48+0.062%$1.4M$4.3M50xas long as short
Variational Omni ARM0.0000%8h322.18−0.030%$192K$298Kas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ARM_USDT_Perp0.0000%8h321.56−0.223%$974$216K10xas long as short
SunX ARM-USDT0.0000%8h322.25−0.009%$935$2.6M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h322.41+0.040%$12K$59K10xas long as short
HTX ARM-USDT0.0000%8h320.47−0.562%$18K$16K20xas long as short
QFEX ARM-USD+0.0011%1h322.39+0.034%$1.1M$3.6M10xas long as short
Lighter ARM+0.0032%1h322.42+0.043%10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.45+0.053%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.23−0.016%$373K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h321.92−0.112%$186K$417K10xas long as short
KuCoin ARMUSDTM+0.0100%8h322.31+0.009%$2.3M$119K20xas long as short
Phoenix ARM+0.0123%1h322.02−0.081%$5K$446K10xas long as short
tradeXYZ xyz:ARM+0.0159%1h322.38+0.031%$8.1M$8.6M10xas long as short
Coinbase International ARM-PERP-INTX+0.0176%1h321.20−0.335%$99K$309K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.06+0.552%$5K$50K12xas long as short