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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.021%
Price spread now: Aster against Coinbase International−0.474%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$358as in the Price arb table
costs, in and out, $10k−$3123.120% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.258%−$26 on $10k
Price spread, last 4 days (all we have)+0.921%+$92 · spread now −0.474%, 7d avg −0.010%
Together, before fees+0.663%+ Points / potential airdropAster: Stage 5 · farm board+$66 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.463% cheaper against Coinbase International than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ARM-PERP-INTX319.390.0104pay 0.0013% / 1h22m 51s$98K$279K10x
ShortAster ARMUSDT317.880get 0.0000% / 8h7h 22m$7K$126K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
−$21.84
Price spread: −0.474% → −0.010%
−$46.31
Slippage, 4 orders
−$293.96
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$380.11
Costs to cover
3.120%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 10 min ago; Aster: live order book, 8 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 Coinbase International live order book, 10 min ago6.61 bp12.4 bp −$1222.3 bp −$223doesn't fitdoesn't fit
Sell Aster live order book, 8 min ago39.18 bp59.4 bp −$59doesn't fitdoesn'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
Bitget ARMUSDT−0.0362%8h318.63−0.238%$1.7M$4.1M20xas long as short
GRVT ARM_USDT_Perp−0.0268%8h317.16−0.699%$752$240K10xas long as short
Aster ARMUSDTshort0.0000%8h317.88−0.474%$7K$126K20x
Extended ARM-USD0.0000%1h318.00−0.436%$31K$316K10xas long as short
Binance ARMUSDT0.0000%8h318.19−0.375%$8.1M$50.1M20xas long as short
Bybit ARMUSDT0.0000%8h318.37−0.319%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h318.18−0.379%$1.6M$6.6M20xas long as short
Gate ARM_USDT0.0000%8h318.18−0.379%$1.4M$4.1M50xas long as short
Variational Omni ARM0.0000%8h316.89−0.783%$182K$253Kas long as short
SunX ARM-USDT0.0000%8h318.47−0.288%$1K$2.3M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h318.15−0.388%$18K$14K20xas long as short
QFEX ARM-USD+0.0020%1h318.03−0.426%$1.1M$3.3M10xas long as short
BloFin ARM-USDT+0.0021%8h318.00−0.435%$122K$52K20xas long as short
Lighter ARM+0.0032%1h317.91−0.463%10xas long as short
Vest ARM-USD-PERP+0.0046%1h317.93−0.457%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h317.94−0.454%$368K$1.2M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h317.02−0.742%$179K$437K10xas long as short
KuCoin ARMUSDTM+0.0100%8h317.94−0.454%$2.3M$168K20xas long as short
Coinbase International ARM-PERP-INTXlong+0.0104%1h319.39long leg$98K$279K10x
tradeXYZ xyz:ARM+0.0115%1h318.60−0.247%$8.1M$8.7M10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.70+1.663%$5K$44K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0222%1h318.13−0.395%$12K$56K10xas long as short
Phoenix ARM+0.0224%1h316.85−0.795%$5K$414K10xas long as short
edgeX ARMUSDC+0.0842%4h317.05−0.733%$34K$359K10xas long as short