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+0.0056%/8h= +6.1% APRnext payment +$0.56 per $10,000 · paid last 24h +0.032%
Price spread now: Gate against BloFin+0.099%48s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$580.576% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 3 days (all we have)+0.034%+$3 · spread now +0.099%, 7d avg +0.033%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.066% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.033%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ARM-USDT323.980.0003pay 0.0003% / 8h1h 30m$123K$44K20x
ShortGate ARM_USDT324.300.0059get 0.0059% / 8h1h 30m$1.5M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$11.67
Price spread: +0.099% → +0.033%
$6.6
Slippage, 4 orders
−$30.65
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$39.37
Costs to cover
0.576%
Break-even
30.6 days
Slippage from BloFin: live order book, 42 min ago; Gate: live order book, 3 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, 42 min ago0.31 bp9.9 bp −$1022.1 bp −$221doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago0.93 bp19.1 bp −$1957.5 bp −$57580.6 bp −$8,058doesn'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−0.0098%4h324.14+0.050%$34K$349K10xas long as short
Aster ARMUSDT0.0000%8h323.69−0.089%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h324.15+0.052%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h323.88−0.031%$1.7M$6.8M20xas long as short
Bitget ARMUSDT0.0000%8h323.91−0.022%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h324.01+0.011%$276K$459Kas long as short
SunX ARM-USDT0.0000%8h323.48−0.154%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h323.76−0.068%$18K$16K20xas long as short
BloFin ARM-USDTlong+0.0003%8h323.98long leg$123K$44K20x
Lighter ARM+0.0032%1h323.74−0.074%10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ARMUSDT+0.0038%8h324.16+0.056%$8.6M$51.1M20xas long as short
Extended ARM-USD+0.0040%1h324.07+0.027%$39K$188K10xas long as short
QFEX ARM-USD+0.0043%1h323.88−0.031%$1.1M$4.7M10xas long as short
Vest ARM-USD-PERP+0.0046%1h324.18+0.062%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h323.87−0.034%$365K$1.5M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h323.74−0.074%$214K$554K10xas long as short
Gate ARM_USDTshort+0.0059%8h324.30+0.099%$1.5M$4.1M50x
Coinbase International ARM-PERP-INTX+0.0088%1h323.28−0.216%$83K$289K10xas long as short
GRVT ARM_USDT_Perp+0.0137%8h323.71−0.084%$800$210K10xas long as short
Phoenix ARM+0.0198%1h323.91−0.022%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h326.88+0.895%$5K$52K12xas long as short
tradeXYZ xyz:ARM+0.0271%1h324.08+0.031%$7.8M$10.0M10xas long as short
KuCoin ARMUSDTM+0.0320%8h323.66−0.099%$2.3M$117K20xas long as short
Deribit ARM_USDC-PERPETUAL+0.0677%1h324.08+0.031%$12K$145K10xas long as short