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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h −0.030%
Price spread now: edgeX against Coinbase International+0.217%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$400.401% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.189%−$19 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.217%, 7d avg +0.027%
Together, before fees−0.279%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.191% dearer against Coinbase International than usual: you sell high and buy low (spread +0.217% now, against its 7-day average of +0.027%): +$19 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ARM-PERP-INTX319.160.0200pay 0.0025% / 1h30m 28s$97K$294K10x
ShortedgeX ARMUSDC319.850.0067get 0.0033% / 4h1h 30m$34K$353K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$28.01
Price spread: +0.217% → +0.027%
$19.07
Slippage, 4 orders
−$21.14
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$49.08
Costs to cover
0.401%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 13 min ago; edgeX: live order book, 13 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, 13 min ago8.13 bp14.0 bp −$1418.1 bp −$181doesn't fitdoesn't fit
Sell edgeX live order book, 13 min ago1.56 bp6.4 bp −$69.9 bp −$99doesn'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−0.0890%8h319.69+0.166%$1.8M$4.0M20xas long as short
BloFin ARM-USDT−0.0028%8h319.34+0.056%$122K$51K20xas long as short
Aster ARMUSDT0.0000%8h319.76+0.189%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h319.70+0.170%$36K$267K10xas long as short
Binance ARMUSDT0.0000%8h319.79+0.198%$8.2M$50.4M20xas long as short
Bybit ARMUSDT0.0000%8h319.94+0.244%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h319.56+0.125%$1.6M$6.6M20xas long as short
Gate ARM_USDT0.0000%8h319.83+0.210%$1.4M$4.2M50xas long as short
Variational Omni ARM0.0000%8h319.35+0.061%$184K$284Kas long as short
GRVT ARM_USDT_Perp0.0000%8h320.27+0.347%$791$227K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h319.37+0.066%$1K$2.5M10xas long as short
HTX ARM-USDT0.0000%8h319.00−0.050%$18K$16K20xas long as short
QFEX ARM-USD+0.0021%1h319.69+0.166%$1.1M$3.5M10xas long as short
Lighter ARM+0.0032%1h319.20+0.013%10xas long as short
Vest ARM-USD-PERP+0.0046%1h319.60+0.138%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h319.63+0.147%$370K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h319.52+0.113%$184K$432K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0063%1h319.65+0.154%$12K$59K10xas long as short
edgeX ARMUSDCshort+0.0067%4h319.85+0.217%$34K$353K10x
KuCoin ARMUSDTM+0.0100%8h319.92+0.238%$2.3M$119K20xas long as short
tradeXYZ xyz:ARM+0.0162%1h319.76+0.188%$8.1M$8.7M10xas long as short
Phoenix ARM+0.0199%1h319.76+0.188%$5K$444K10xas long as short
Coinbase International ARM-PERP-INTXlong+0.0200%1h319.16long leg$97K$294K10x
Injective ARM/USDC PERP+0.0220%1h323.41+1.332%$5K$50K12xas long as short