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 +0.034%

Price spread now: Gate against Bybit+0.053%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$730.731% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days−0.110%−$11 · spread now +0.053%, 7d avg −0.007%

Together, before fees−0.094%−$9 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: Gate is 0.059% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ARMUSDT	322.92	0	get 0.0000% / 8h	2h 30m	$2.0M	$2.6M	25x
Short	Gate ARM_USDT	323.09	0	get 0.0000% / 8h	2h 30m	$1.5M	$4.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.053%Rate

Funding earned: $0
Price spread: +0.053% → −0.007%: $5.92
Slippage, 4 orders: −$47.13
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$67.21
Costs to cover: 0.731%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 2 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, 1 min ago	2.94 bp	20.5 bp −$20	74.5 bp −$745	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	3.56 bp	21.2 bp −$21	60.9 bp −$609	86.1 bp −$8,612	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
BloFin ARM-USDT	−0.0022%	8h	322.76	−0.050%	$122K	$43K	20x	as long as short
Aster ARMUSDT	0.0000%	8h	322.55	−0.113%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	322.99	+0.023%	$39K	$188K	10x	as long as short
Binance ARMUSDT	0.0000%	8h	323.05	+0.040%	$8.5M	$51.0M	20x	as long as short
Bybit ARMUSDTlong	0.0000%	8h	322.92	long leg	$2.0M	$2.6M	25x
OKX ARM-USDT-SWAP	0.0000%	8h	322.82	−0.031%	$1.6M	$6.7M	20x	as long as short
Gate ARM_USDTshort	0.0000%	8h	323.09	+0.053%	$1.5M	$4.0M	50x
Bitget ARMUSDT	0.0000%	8h	322.95	+0.009%	$1.7M	$4.2M	20x	as long as short
Variational Omni ARM	0.0000%	8h	323.19	+0.085%	$276K	$460K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	322.87	−0.016%	$358	$215K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ARM-USDT	0.0000%	8h	322.60	−0.099%	$990	$3.2M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	323.16	+0.074%	$18K	$16K	20x	as long as short
Coinbase International ARM-PERP-INTX	+0.0024%	1h	322.84	−0.025%	$91K	$278K	10x	as long as short
Lighter ARM	+0.0032%	1h	322.70	−0.068%	—	—	10x	as long as short
QFEX ARM-USD	+0.0035%	1h	322.83	−0.028%	$1.1M	$4.6M	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	322.77	−0.046%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	322.80	−0.037%	$377K	$1.4M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	322.84	−0.025%	$210K	$549K	10x	as long as short
tradeXYZ xyz:ARM	+0.0057%	1h	322.90	−0.006%	$7.6M	$9.8M	10x	as long as short
KuCoin ARMUSDTM	+0.0100%	8h	323.24	+0.099%	$2.3M	$117K	20x	as long as short
Phoenix ARM	+0.0149%	1h	322.76	−0.050%	$5K	$460K	10x	as long as short
edgeX ARMUSDC	+0.0187%	4h	322.88	−0.014%	$34K	$347K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	325.90	+0.923%	$5K	$52K	12x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0432%	1h	322.97	+0.015%	$12K	$144K	10x	as long as short