Settings8H · net · $10k
Funding arb · Price arb /

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.053%
Price spread now: QFEX against BloFin+0.012%99s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.444% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.046%−$5 on $10k
Price spread, last 3 days (all we have)+0.169%+$17 · spread now +0.012%, 7d avg +0.018%
Together, before fees+0.123%+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ARM-USDT322.970.0014pay 0.0014% / 8h2h 03m$122K$43K20x
ShortQFEX ARM-USD323.010.0035get 0.0004% / 1h3m 21s$1.1M$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$4.4
Price spread: +0.012% → +0.018%
−$0.57
Slippage, 4 orders
−$22.4
Fee BloFin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$40.57
Costs to cover
0.444%
Break-even
71.5 days
Slippage from BloFin: live order book, 9 min ago; QFEX: live order book, 10 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, 9 min ago0.31 bp9.9 bp −$1022.1 bp −$221doesn't fitdoesn't fit
Sell QFEX live order book, 10 min ago1.24 bp8.0 bp −$814.5 bp −$145doesn'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
Aster ARMUSDT0.0000%8h322.81−0.049%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h323.00+0.008%$39K$188K10xas long as short
Binance ARMUSDT0.0000%8h322.99+0.006%$8.5M$51.1M20xas long as short
Bybit ARMUSDT0.0000%8h323.08+0.034%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.96−0.003%$1.6M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h323.00+0.009%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h323.05+0.025%$276K$460Kas long as short
SunX ARM-USDT0.0000%8h322.58−0.121%$2K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h323.17+0.062%$18K$16K20xas long as short
BloFin ARM-USDTlong+0.0014%8h322.97long leg$122K$43K20x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ARM_USDT+0.0015%8h323.16+0.059%$1.5M$4.0M50xas long as short
Coinbase International ARM-PERP-INTX+0.0024%1h322.90−0.022%$91K$278K10xas long as short
GRVT ARM_USDT_Perp+0.0030%8h323.11+0.043%$824$214K10xas long as short
Lighter ARM+0.0032%1h322.66−0.096%10xas long as short
QFEX ARM-USDshort+0.0035%1h323.01+0.012%$1.1M$4.6M10x
Vest ARM-USD-PERP+0.0046%1h323.24+0.084%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.90−0.022%$374K$1.5M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h322.970.000%$210K$549K10xas long as short
tradeXYZ xyz:ARM+0.0071%1h322.970.000%$7.6M$9.9M10xas long as short
KuCoin ARMUSDTM+0.0123%8h323.39+0.130%$2.3M$118K20xas long as short
Phoenix ARM+0.0149%1h323.08+0.034%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h326.29+1.028%$5K$52K12xas long as short
edgeX ARMUSDC+0.0694%4h323.05+0.024%$34K$348K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0772%1h323.10+0.040%$12K$145K10xas long as short