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+0.0055%/8h= +6.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.045%
Price spread now: Binance against Bybit+0.030%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$610.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 7 days−0.044%−$4 · spread now +0.030%, 7d avg +0.009%
Together, before fees−0.001%$0 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 Binance is 0.021% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARMUSDT327.530get 0.0000% / 8h4h 46m$2.0M$2.1M25x
ShortBinance ARMUSDT327.630.0055get 0.0055% / 8h4h 46m$8.6M$50.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$11.48
Price spread: +0.030% → +0.009%
$2.15
Slippage, 4 orders
−$40.29
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$47.67
Costs to cover
0.613%
Break-even
36.1 days
Slippage from Bybit: live order book, 5 min ago; Binance: 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 Bybit live order book, 5 min ago3.81 bp26.5 bp −$27101.7 bp −$1,017doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago1.67 bp13.4 bp −$1332.8 bp −$328103.8 bp −$10.4Kdoesn'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
BloFin ARM-USDT−0.0030%8h327.28−0.076%$128K$48K20xas long as short
Aster ARMUSDT0.0000%8h327.40−0.039%$7K$126K20xas long as short
Bybit ARMUSDTlong0.0000%8h327.53long leg$2.0M$2.1M25x
OKX ARM-USDT-SWAP0.0000%8h327.59+0.018%$1.7M$6.7M20xas long as short
Variational Omni ARM0.0000%8h328.08+0.167%$213K$311Kas long as short
GRVT ARM_USDT_Perp0.0000%8h327.32−0.063%$736$194K10xas long as short
SunX ARM-USDT0.0000%8h327.11−0.128%$1K$2.7M10xas long as short
HTX ARM-USDT0.0000%8h326.94−0.180%$18K$16K20xas long as short
QFEX ARM-USD+0.0025%1h327.33−0.061%$1.1M$4.0M10xas long as short
Lighter ARM+0.0032%1h327.20−0.101%10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ARM-USD-PERP+0.0046%1h327.69+0.049%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h327.36−0.052%$379K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h326.87−0.202%$202K$396K10xas long as short
Binance ARMUSDTshort+0.0055%8h327.63+0.030%$8.6M$50.0M20x
Extended ARM-USD+0.0056%1h327.55+0.005%$39K$271K10xas long as short
tradeXYZ xyz:ARM+0.0068%1h327.55+0.006%$8.3M$8.8M10xas long as short
Coinbase International ARM-PERP-INTX+0.0088%1h327.37−0.049%$98K$301K10xas long as short
Gate ARM_USDT+0.0123%8h327.85+0.098%$1.5M$4.3M50xas long as short
Bitget ARMUSDT+0.0173%8h327.58+0.015%$1.8M$3.9M20xas long as short
Phoenix ARM+0.0195%1h328.13+0.183%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h332.08+1.389%$5K$50K12xas long as short
KuCoin ARMUSDTM+0.0495%8h327.44−0.027%$2.3M$119K20xas long as short
edgeX ARMUSDC+0.0675%4h327.33−0.061%$35K$348K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0790%1h327.36−0.052%$12K$125K10xas long as short