Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0502%/8h= +55.0% APRpaid last 24h −0.072%

Price spread now: edgeX against BloFin+0.047%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 4 days (all we have)+0.310%+$31 · spread now +0.047%, 7d avg +0.021%

Together, before fees+0.260%+ Points / potential airdropedgeX: Active · farm board+$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and edgeX is 0.026% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.021%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.6% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ARM-USDT	328.73	−0.0012	get 0.0012% / 8h	5h 09m	$128K	$48K	20x
Short	edgeX ARMUSDC	328.89	0.0490	get 0.0245% / 4h	1h 09m	$35K	$346K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee BloFinbpFee edgeXbpOrdersPrice spread, now +0.047%Rate

Funding earned: $105.51
Price spread: +0.047% → +0.021%: $2.6
Slippage, 4 orders: −$11.83
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $75.29
Costs to cover: 0.328%
Break-even: 2.0 days

Slippage from BloFin: live order book, 26 min ago; edgeX: live order book, 53 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 BloFin live order book, 26 min ago	0.61 bp	10.8 bp −$11	23.9 bp −$239	doesn't fit	doesn't fit
Sell edgeX live order book, 53 min ago	1.68 bp	6.8 bp −$7	94.7 bp −$947	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
BloFin ARM-USDTlong	−0.0012%	8h	328.73	long leg	$128K	$48K	20x
Coinbase International ARM-PERP-INTX	−0.0008%	1h	328.91	+0.055%	$102K	$294K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.93	+0.061%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	329.05	+0.097%	$2.0M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	329.17	+0.134%	$1.7M	$6.7M	20x	as long as short
Variational Omni ARM	0.0000%	8h	328.76	+0.008%	$213K	$316K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	329.09	+0.108%	$543	$191K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.57	−0.049%	$759	$2.7M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	328.46	−0.082%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0011%	1h	328.83	+0.030%	$1.1M	$4.2M	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter ARM	+0.0032%	1h	328.77	+0.012%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	328.91	+0.055%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	328.98	+0.076%	$381K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	328.72	−0.003%	$203K	$406K	10x	as long as short
Extended ARM-USD	+0.0088%	1h	329.03	+0.093%	$36K	$268K	10x	as long as short
Binance ARMUSDT	+0.0092%	8h	329.10	+0.114%	$8.6M	$50.0M	20x	as long as short
Phoenix ARM	+0.0122%	1h	328.96	+0.070%	$5K	$434K	10x	as long as short
tradeXYZ xyz:ARM	+0.0124%	1h	329.05	+0.097%	$8.3M	$8.7M	10x	as long as short
Gate ARM_USDT	+0.0131%	8h	329.28	+0.167%	$1.5M	$4.3M	50x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	332.31	+1.089%	$5K	$50K	12x	as long as short
Bitget ARMUSDT	+0.0284%	8h	329.03	+0.091%	$1.8M	$3.8M	20x	as long as short
edgeX ARMUSDCshort	+0.0490%	4h	328.89	+0.047%	$35K	$346K	10x
Deribit ARM_USDC-PERPETUAL	+0.0510%	1h	329.07	+0.103%	$12K	$125K	10x	as long as short
KuCoin ARMUSDTM	+0.0583%	8h	329.06	+0.100%	$2.4M	$119K	20x	as long as short