Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%

Price spread now: Bitget against Bybit−0.090%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$650.653% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.202%+$20 on $10k

Price spread, last 7 days+0.052%+$5 · spread now −0.090%, 7d avg −0.010%

Together, before fees+0.254%+$25 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.080% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ARMUSDT	323.91	0	get 0.0000% / 8h	1h 36m	$2.0M	$2.5M	25x
Short	Bitget ARMUSDT	323.62	0	get 0.0000% / 8h	1h 36m	$1.7M	$4.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee BybitbpFee BitgetbpOrdersPrice spread, now −0.090%Rate

Funding earned: $0
Price spread: −0.090% → −0.010%: −$8
Slippage, 4 orders: −$42.34
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$73.33
Costs to cover: 0.653%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 1 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 Bybit live order book, 5 min ago	3.55 bp	11.8 bp −$12	59.6 bp −$596	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	3.71 bp	16.0 bp −$16	25.7 bp −$257	75.5 bp −$7,550	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
edgeX ARMUSDC	−0.0148%	4h	323.69	−0.069%	$34K	$348K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	323.52	−0.120%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	323.60	−0.097%	$39K	$188K	10x	as long as short
Bybit ARMUSDTlong	0.0000%	8h	323.91	long leg	$2.0M	$2.5M	25x
OKX ARM-USDT-SWAP	0.0000%	8h	323.68	−0.071%	$1.7M	$6.8M	20x	as long as short
Bitget ARMUSDTshort	0.0000%	8h	323.62	−0.090%	$1.7M	$4.2M	20x
Variational Omni ARM	0.0000%	8h	323.51	−0.123%	$276K	$459K	—	as long as short
SunX ARM-USDT	0.0000%	8h	323.22	−0.213%	$1K	$3.2M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	323.69	−0.068%	$18K	$16K	20x	as long as short
Binance ARMUSDT	+0.0003%	8h	323.65	−0.081%	$8.6M	$51.1M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ARM-USDT	+0.0017%	8h	323.55	−0.111%	$123K	$44K	20x	as long as short
Lighter ARM	+0.0032%	1h	323.46	−0.139%	—	—	10x	as long as short
QFEX ARM-USD	+0.0043%	1h	323.62	−0.090%	$1.1M	$4.7M	10x	as long as short
Gate ARM_USDT	+0.0045%	8h	323.78	−0.040%	$1.5M	$4.1M	50x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	323.69	−0.068%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	323.59	−0.099%	$366K	$1.5M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	323.67	−0.074%	$214K	$554K	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0088%	1h	323.28	−0.194%	$83K	$289K	10x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0121%	1h	323.71	−0.062%	$12K	$145K	10x	as long as short
GRVT ARM_USDT_Perp	+0.0123%	8h	323.59	−0.100%	$799	$210K	10x	as long as short
Phoenix ARM	+0.0198%	1h	323.90	−0.003%	$5K	$460K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	326.88	+0.917%	$5K	$52K	12x	as long as short
tradeXYZ xyz:ARM	+0.0265%	1h	323.61	−0.093%	$7.7M	$10.0M	10x	as long as short
KuCoin ARMUSDTM	+0.0277%	8h	323.70	−0.065%	$2.3M	$117K	20x	as long as short