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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0181%/8h= +19.9% APRpaid last 24h +0.069%
Price spread now: Deribit against Bybit+0.003%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$560.565% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.111%+$11 on $10k
Price spread, last 3 days (all we have)−0.077%−$8 · spread now +0.003%, 7d avg −0.005%
Together, before fees+0.034%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARMUSDT324.880get 0.0000% / 8h1h 27m$2.0M$2.6M25x
ShortDeribit ARM_USDC-PERPETUAL324.890.0181get 0.0023% / 1h27m 55s$12K$145K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$38.07
Price spread: +0.003% → −0.005%
$0.81
Slippage, 4 orders
−$38.46
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$17.58
Costs to cover
0.565%
Break-even
10.2 days
Slippage from Bybit: live order book, 4 min ago; Deribit: live order book, 55 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, 4 min ago3.39 bp12.9 bp −$1360.5 bp −$605doesn't fitdoesn't fit
Sell Deribit live order book, 55 min ago0.16 bp14.7 bp −$1517.8 bp −$178doesn'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−0.0098%4h324.14−0.227%$34K$349K10xas long as short
Aster ARMUSDT0.0000%8h324.47−0.125%$7K$126K20xas long as short
Bybit ARMUSDTlong0.0000%8h324.88long leg$2.0M$2.6M25x
OKX ARM-USDT-SWAP0.0000%8h324.57−0.095%$1.7M$6.8M20xas long as short
Bitget ARMUSDT0.0000%8h324.68−0.062%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h324.01−0.266%$276K$459Kas long as short
SunX ARM-USDT0.0000%8h324.01−0.268%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h324.15−0.225%$18K$16K20xas long as short
BloFin ARM-USDT+0.0010%8h324.41−0.145%$123K$44K20xas long as short
Lighter ARM+0.0032%1h324.71−0.052%10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX ARM-USD+0.0043%1h324.61−0.083%$1.1M$4.7M10xas long as short
Vest ARM-USD-PERP+0.0046%1h324.68−0.062%10xas long as short
Extended ARM-USD+0.0048%1h324.64−0.074%$39K$188K10xas long as short
Polymarket Perps ARM-USD+0.0050%1h324.56−0.098%$366K$1.5M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h323.74−0.351%$214K$554K10xas long as short
Binance ARMUSDT+0.0051%8h324.70−0.055%$8.6M$51.1M20xas long as short
Gate ARM_USDT+0.0064%8h324.84−0.012%$1.5M$4.1M50xas long as short
Coinbase International ARM-PERP-INTX+0.0088%1h323.28−0.492%$83K$289K10xas long as short
GRVT ARM_USDT_Perp+0.0167%8h324.09−0.244%$752$210K10xas long as short
Deribit ARM_USDC-PERPETUALshort+0.0181%1h324.89+0.003%$12K$145K10x
Phoenix ARM+0.0198%1h323.91−0.299%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h326.88+0.616%$5K$52K12xas long as short
tradeXYZ xyz:ARM+0.0266%1h324.77−0.034%$7.8M$10.0M10xas long as short
KuCoin ARMUSDTM+0.0334%8h324.45−0.132%$2.3M$117K20xas long as short