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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.001%
Price spread now: OKX against Coinbase International+0.043%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.225%−$22 on $10k
Price spread, last 3 days (all we have)+0.163%+$16 · spread now +0.043%, 7d avg +0.031%
Together, before fees−0.061%−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ARM-PERP-INTX322.900.0024pay 0.0003% / 1h8m 46s$91K$278K10x
ShortOKX ARM-USDT-SWAP323.040get 0.0000% / 8h2h 08m$1.6M$6.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$5.04
Price spread: +0.043% → +0.031%
$1.27
Slippage, 4 orders
−$38.35
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$62.12
Costs to cover
0.583%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 14 min ago; OKX: live order book, 4 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, 14 min ago8.52 bp14.7 bp −$1522.9 bp −$229doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.77 bp16.4 bp −$1654.7 bp −$547doesn'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%8h322.89−0.005%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h323.00+0.030%$39K$188K10xas long as short
Binance ARMUSDT0.0000%8h323.03+0.040%$8.5M$51.1M20xas long as short
Bybit ARMUSDT0.0000%8h322.95+0.015%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAPshort0.0000%8h323.04+0.043%$1.6M$6.7M20x
Bitget ARMUSDT0.0000%8h323.03+0.040%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h323.31+0.127%$276K$460Kas long as short
SunX ARM-USDT0.0000%8h322.57−0.102%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h322.89−0.003%$18K$16K20xas long as short
Gate ARM_USDT+0.0010%8h323.18+0.087%$1.5M$4.0M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ARM-USDT+0.0010%8h323.28+0.118%$122K$44K20xas long as short
GRVT ARM_USDT_Perp+0.0023%8h323.31+0.126%$837$214K10xas long as short
Coinbase International ARM-PERP-INTXlong+0.0024%1h322.90long leg$91K$278K10x
Lighter ARM+0.0032%1h322.66−0.074%10xas long as short
QFEX ARM-USD+0.0035%1h322.97+0.022%$1.1M$4.6M10xas long as short
Vest ARM-USD-PERP+0.0046%1h323.09+0.059%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.92+0.006%$374K$1.5M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h322.83−0.022%$210K$549K10xas long as short
tradeXYZ xyz:ARM+0.0058%1h322.85−0.015%$7.6M$9.9M10xas long as short
KuCoin ARMUSDTM+0.0100%8h323.45+0.170%$2.3M$118K20xas long as short
Phoenix ARM+0.0149%1h323.15+0.077%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h326.29+1.050%$5K$52K12xas long as short
edgeX ARMUSDC+0.0291%4h323.30+0.125%$34K$346K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0865%1h323.10+0.062%$12K$145K10xas long as short