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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0082%/8h= +9.0% APRpaid last 24h −0.007%
Price spread now: GRVT against Coinbase International+0.284%7-day average +0.042% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.179%−$18 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.284%, 7d avg +0.042%
Together, before fees−0.312%+ Points / potential airdropGRVT: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 0.242% dearer against Coinbase International than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.042%. Mind the row above: over the last 7 days funding on this pair cost −0.179%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ARM-PERP-INTX329.870.0048pay 0.0006% / 1h8m 54s$90K$284K10x
ShortGRVT ARM_USDT_Perp330.810.0130get 0.0130% / 8h7h 08m$506$189K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$17.22
Price spread: +0.284% → +0.042%
$24.18
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$22.4
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 64 min ago; GRVT: live order book, 63 min ago. Net counts fees only.

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, 64 min ago3.38 bp10.0 bp −$1019.8 bp −$198doesn't fitdoesn't fit
Sell GRVT live order book, 63 min ago804.72 bpdoesn't fitdoesn'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
edgeX ARMUSDC−0.0910%4h330.22+0.105%$35K$343K10xas long as short
Aster ARMUSDT0.0000%8h329.90+0.010%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h330.19+0.097%$2.0M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h330.21+0.103%$1.7M$6.7M20xas long as short
SunX ARM-USDT0.0000%8h330.11+0.073%$1K$2.9M10xas long as short
HTX ARM-USDT0.0000%8h330.51+0.194%$18K$16K20xas long as short
BloFin ARM-USDT+0.0005%8h330.25+0.115%$127K$46K20xas long as short
QFEX ARM-USD+0.0026%1h330.18+0.094%$1.1M$4.6M10xas long as short
Lighter ARM+0.0032%1h329.91+0.012%10xas long as short
Vest ARM-USD-PERP+0.0046%1h330.43+0.170%10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ARM-PERP-INTXlong+0.0048%1h329.87long leg$90K$284K10x
Ondo Perps ARM-USD.P+0.0050%1h330.80+0.282%$204K$528K10xas long as short
Polymarket Perps ARM-USD+0.0071%1h330.14+0.082%$382K$1.3M10xas long as short
tradeXYZ xyz:ARM+0.0105%1h330.09+0.067%$8.4M$8.9M10xas long as short
GRVT ARM_USDT_Perpshort+0.0130%8h330.81+0.284%$506$189K10x
Phoenix ARM+0.0197%1h330.30+0.130%$5K$460K10xas long as short
Variational Omni ARM+0.0205%8h330.03+0.047%$214K$526Kas long as short
Injective ARM/USDC PERP+0.0220%1h333.61+1.134%$5K$50K12xas long as short
Gate ARM_USDT+0.0327%8h330.47+0.182%$1.5M$4.1M50xas long as short
Extended ARM-USD+0.0352%1h330.17+0.090%$38K$273K10xas long as short
Binance ARMUSDT+0.0355%8h330.27+0.121%$8.9M$50.4M20xas long as short
Deribit ARM_USDC-PERPETUAL+0.0599%1h330.22+0.106%$12K$125K10xas long as short
KuCoin ARMUSDTM+0.0819%8h330.67+0.243%$2.4M$116K20xas long as short
Bitget ARMUSDT+0.0875%8h330.25+0.115%$1.8M$3.9M20xas long as short