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+0.0071%/8h= +7.8% APRpaid last 24h +0.019%
Price spread now: tradeXYZ against BloFin−0.012%48s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.450% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.196%+$20 on $10k
Price spread, last 3 days (all we have)+0.111%+$11 · spread now −0.012%, 7d avg +0.006%
Together, before fees+0.307%+ Points / potential airdroptradeXYZ: Active · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. 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-USDT326.54−0.0017get 0.0017% / 8h36m 17s$124K$45K20x
ShorttradeXYZ xyz:ARM326.500.0054get 0.0007% / 1h36m 17s$8.0M$9.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$14.98
Price spread: −0.012% → +0.006%
−$1.86
Slippage, 4 orders
−$15.04
Fee BloFin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$31.92
Costs to cover
0.450%
Break-even
21.9 days
Slippage from BloFin: live order book, 24 min ago; tradeXYZ: 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 ago1.69 bp8.3 bp −$88.6 bp −$86doesn't fitdoesn't fit
Sell tradeXYZ live order book, 2 min ago1.38 bp10.8 bp −$1116.0 bp −$160doesn'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−0.0937%4h326.03−0.158%$35K$350K10xas long as short
BloFin ARM-USDTlong−0.0017%8h326.54long leg$124K$45K20x
Aster ARMUSDT0.0000%8h326.07−0.145%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h326.64+0.031%$2.0M$2.5M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h326.57+0.009%$1.7M$6.8M20xas long as short
Bitget ARMUSDT0.0000%8h326.62+0.024%$1.8M$4.2M20xas long as short
SunX ARM-USDT0.0000%8h325.91−0.193%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h326.04−0.153%$18K$17K20xas long as short
Coinbase International ARM-PERP-INTX+0.0016%1h325.14−0.429%$88K$287K10xas long as short
Lighter ARM+0.0032%1h326.25−0.089%10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX ARM-USD+0.0033%1h326.48−0.018%$1.1M$4.7M10xas long as short
Vest ARM-USD-PERP+0.0046%1h326.51−0.009%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h326.40−0.043%$433K$1.8M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h326.01−0.162%$209K$554K10xas long as short
tradeXYZ xyz:ARMshort+0.0054%1h326.50−0.012%$8.0M$9.6M10x
Variational Omni ARM+0.0059%8h326.66+0.036%$213K$523Kas long as short
Gate ARM_USDT+0.0060%8h326.62+0.024%$1.5M$4.1M50xas long as short
Extended ARM-USD+0.0176%1h326.50−0.011%$39K$188K10xas long as short
Binance ARMUSDT+0.0179%8h326.56+0.006%$8.6M$51.1M20xas long as short
Injective ARM/USDC PERP+0.0220%1h329.31+0.848%$5K$52K12xas long as short
GRVT ARM_USDT_Perp+0.0230%8h325.91−0.193%$531$201K10xas long as short
Phoenix ARM+0.0271%1h326.13−0.126%$5K$460K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0486%1h326.55+0.003%$12K$145K10xas long as short
KuCoin ARMUSDTM+0.0543%8h326.41−0.040%$2.3M$119K20xas long as short