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+0.0043%/8h= +4.7% APRpaid last 24h −0.051%
Price spread now: QFEX against Bybit−0.083%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$500.502% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.048%−$5 on $10k
Price spread, last 7 days+0.002%$0 · spread now −0.083%, 7d avg −0.064%
Together, before fees−0.046%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARMUSDT324.540get 0.0000% / 8h1h 25m$2.0M$2.6M25x
ShortQFEX ARM-USD324.270.0043get 0.0005% / 1h25m 26s$1.1M$4.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$9.04
Price spread: −0.083% → −0.064%
−$1.9
Slippage, 4 orders
−$29.18
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$43.04
Costs to cover
0.502%
Break-even
40.3 days
Slippage from Bybit: live order book, 2 min ago; QFEX: live order book, 3 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, 2 min ago3.85 bp16.3 bp −$1665.7 bp −$657doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago1.23 bp9.8 bp −$1014.9 bp −$149doesn'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
Aster ARMUSDT0.0000%8h324.33−0.064%$7K$126K20xas long as short
Bybit ARMUSDTlong0.0000%8h324.54long leg$2.0M$2.6M25x
OKX ARM-USDT-SWAP0.0000%8h324.30−0.074%$1.7M$6.8M20xas long as short
Bitget ARMUSDT0.0000%8h324.42−0.037%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h324.01−0.162%$276K$459Kas long as short
SunX ARM-USDT0.0000%8h324.36−0.055%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h324.15−0.120%$18K$16K20xas long as short
BloFin ARM-USDT+0.0027%8h324.84+0.092%$123K$44K20xas long as short
Lighter ARM+0.0032%1h324.30−0.074%10xas long as short
QFEX ARM-USDshort+0.0043%1h324.27−0.083%$1.1M$4.7M10x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ARM-USD-PERP+0.0046%1h324.36−0.055%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h324.41−0.040%$366K$1.5M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h324.540.000%$215K$555K10xas long as short
Extended ARM-USD+0.0064%1h324.29−0.077%$39K$188K10xas long as short
Gate ARM_USDT+0.0065%8h324.47−0.022%$1.5M$4.1M50xas long as short
Binance ARMUSDT+0.0071%8h324.35−0.059%$8.6M$51.2M20xas long as short
Coinbase International ARM-PERP-INTX+0.0088%1h323.28−0.388%$83K$289K10xas long as short
GRVT ARM_USDT_Perp+0.0181%8h324.32−0.069%$383$211K10xas long as short
Phoenix ARM+0.0198%1h324.30−0.074%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h326.88+0.721%$5K$52K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0243%1h324.56+0.006%$12K$145K10xas long as short
tradeXYZ xyz:ARM+0.0260%1h324.59+0.015%$7.9M$10.0M10xas long as short
KuCoin ARMUSDTM+0.0347%8h324.24−0.092%$2.3M$117K20xas long as short
edgeX ARMUSDC+0.0972%4h324.46−0.026%$34K$347K10xas long as short