Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h −0.036%

Price spread now: SunX against Coinbase International+0.150%7-day average +0.015% · you sell dearer than you buy

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

Long on Coinbase International Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.277%−$28 on $10k

Price spread, last 3 days (all we have)−0.101%−$10 · spread now +0.150%, 7d avg +0.015%

Together, before fees−0.378%−$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.135% dearer against Coinbase International than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.277%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ARM-PERP-INTX	327.05	−0.0024	get 0.0003% / 1h	3m 45s	$100K	$289K	10x
Short	SunX ARM-USDT	327.54	0	get 0.0000% / 8h	6h 03m	$940	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee SunXbpOrdersPrice spread, now +0.150%Rate

Funding earned: $5.04
Price spread: +0.150% → +0.015%: $13.51
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: $0.55
Costs to cover: 0.180%
Break-even: 6.2 days

Slippage unknown: Coinbase International: live order book, 64 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 Coinbase International live order book, 64 min ago	5.00 bp	10.0 bp −$10	16.7 bp −$167	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	500.22 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

ARM on 23 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
Coinbase International ARM-PERP-INTXlong	−0.0024%	1h	327.05	long leg	$100K	$289K	10x
Aster ARMUSDT	0.0000%	8h	327.52	+0.144%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	327.34	+0.089%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	327.37	+0.098%	$1.7M	$6.6M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	326.90	−0.047%	$268	$186K	10x	as long as short
SunX ARM-USDTshort	0.0000%	8h	327.54	+0.150%	$940	$2.8M	10x
HTX ARM-USDT	0.0000%	8h	327.80	+0.229%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0015%	1h	327.42	+0.113%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	327.30	+0.076%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	327.68	+0.193%	—	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ARM	+0.0050%	1h	327.39	+0.104%	$8.3M	$8.8M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	327.36	+0.095%	$379K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	327.20	+0.046%	$201K	$396K	10x	as long as short
Variational Omni ARM	+0.0100%	8h	327.73	+0.209%	$213K	$329K	—	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0117%	1h	327.44	+0.119%	$12K	$125K	10x	as long as short
Phoenix ARM	+0.0121%	1h	327.41	+0.110%	$5K	$444K	10x	as long as short
Gate ARM_USDT	+0.0128%	8h	327.82	+0.235%	$1.4M	$4.2M	50x	as long as short
Binance ARMUSDT	+0.0210%	8h	327.39	+0.104%	$8.6M	$50.3M	20x	as long as short
Extended ARM-USD	+0.0216%	1h	327.47	+0.128%	$36K	$273K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	332.02	+1.520%	$5K	$50K	12x	as long as short
edgeX ARMUSDC	+0.0301%	4h	327.45	+0.122%	$35K	$345K	10x	as long as short
Bitget ARMUSDT	+0.0307%	8h	327.54	+0.150%	$1.8M	$3.8M	20x	as long as short
KuCoin ARMUSDTM	+0.0734%	8h	327.69	+0.196%	$2.3M	$120K	20x	as long as short