Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%

Price spread now: SunX against Bybit−0.067%46s7-day average −0.028% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.067%, 7d avg −0.028%

Together, before fees−0.101%−$10 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: SunX is 0.039% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ARMUSDT	326.83	0	get 0.0000% / 8h	4h 23m	$2.0M	$2.1M	25x
Short	SunX ARM-USDT	326.61	0	get 0.0000% / 8h	4h 23m	$1K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.067%Rate

Funding earned: $0
Price spread: −0.067% → −0.028%: −$3.89
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$22.89
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 3 min ago; SunX: live order book, 4 min ago. Net counts fees only.

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, 3 min ago	5.36 bp	24.3 bp −$24	91.0 bp −$910	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	500.25 bp	doesn't fit	doesn't fit	doesn't fit	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
Aster ARMUSDT	0.0000%	8h	326.79	−0.012%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	326.80	−0.008%	$39K	$271K	10x	as long as short
Binance ARMUSDT	0.0000%	8h	326.89	+0.018%	$8.6M	$50.0M	20x	as long as short
Bybit ARMUSDTlong	0.0000%	8h	326.83	long leg	$2.0M	$2.1M	25x
OKX ARM-USDT-SWAP	0.0000%	8h	326.89	+0.018%	$1.7M	$6.7M	20x	as long as short
Bitget ARMUSDT	0.0000%	8h	326.95	+0.037%	$1.8M	$3.9M	20x	as long as short
Variational Omni ARM	0.0000%	8h	326.48	−0.107%	$212K	$304K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	327.24	+0.125%	$275	$199K	10x	as long as short
SunX ARM-USDTshort	0.0000%	8h	326.61	−0.067%	$1K	$2.7M	10x
HTX ARM-USDT	0.0000%	8h	326.78	−0.015%	$18K	$16K	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	+0.0007%	8h	326.49	−0.104%	$127K	$50K	20x	as long as short
QFEX ARM-USD	+0.0025%	1h	326.80	−0.009%	$1.1M	$3.9M	10x	as long as short
Lighter ARM	+0.0032%	1h	326.37	−0.141%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	327.02	+0.058%	—	—	10x	as long as short
tradeXYZ xyz:ARM	+0.0050%	1h	326.93	+0.031%	$8.2M	$8.8M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	326.91	+0.024%	$379K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	326.39	−0.135%	$200K	$408K	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0088%	1h	326.96	+0.040%	$98K	$306K	10x	as long as short
Gate ARM_USDT	+0.0094%	8h	327.05	+0.067%	$1.5M	$4.3M	50x	as long as short
edgeX ARMUSDC	+0.0147%	4h	326.51	−0.097%	$35K	$348K	10x	as long as short
Phoenix ARM	+0.0195%	1h	326.80	−0.009%	$5K	$444K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	330.69	+1.181%	$5K	$50K	12x	as long as short
KuCoin ARMUSDTM	+0.0387%	8h	326.80	−0.009%	$2.3M	$118K	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0792%	1h	326.74	−0.028%	$12K	$92K	10x	as long as short