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−0.0113%/8h= −12.4% APRpaid last 24h −0.077%
Price spread now: Aster against edgeX+0.061%110s7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1491.490% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.155%−$15 on $10k
Price spread, last 3 days (all we have)−0.016%−$2 · spread now +0.061%, 7d avg −0.042%
Together, before fees−0.170%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.103% dearer against edgeX than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.042%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ARMUSDC324.870.0113pay 0.0057% / 4h53m 41s$35K$349K10x
ShortAster ARMUSDT325.070get 0.0000% / 8h53m 41s$7K$126K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
−$23.75
Price spread: +0.061% → −0.042%
$10.32
Slippage, 4 orders
−$132
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$162.43
Costs to cover
1.490%
Break-even
never at this rate
Slippage from edgeX: live order book, 25 min ago; Aster: live order book, 22 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 edgeX live order book, 25 min ago2.16 bp7.3 bp −$792.6 bp −$926doesn't fitdoesn't fit
Sell Aster live order book, 22 min ago48.21 bp70.1 bp −$70doesn'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
BloFin ARM-USDT−0.0011%8h325.20+0.102%$123K$44K20xas long as short
Aster ARMUSDTshort0.0000%8h325.07+0.061%$7K$126K20x
Bybit ARMUSDT0.0000%8h325.42+0.169%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h325.48+0.188%$1.7M$6.8M20xas long as short
Bitget ARMUSDT0.0000%8h325.21+0.105%$1.8M$4.2M20xas long as short
SunX ARM-USDT0.0000%8h324.870.000%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h324.72−0.046%$18K$16K20xas long as short
Variational Omni ARM+0.0011%8h324.92+0.016%$213K$523Kas long as short
Coinbase International ARM-PERP-INTX+0.0016%1h324.86−0.003%$88K$290K10xas long as short
Lighter ARM+0.0032%1h325.14+0.083%10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX ARM-USD+0.0033%1h325.33+0.142%$1.1M$4.7M10xas long as short
Vest ARM-USD-PERP+0.0046%1h325.30+0.133%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h325.26+0.120%$8.0M$9.7M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h325.06+0.059%$464K$1.7M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h324.85−0.006%$208K$557K10xas long as short
Gate ARM_USDT+0.0054%8h325.55+0.210%$1.5M$4.1M50xas long as short
edgeX ARMUSDClong+0.0113%4h324.87long leg$35K$349K10x
Extended ARM-USD+0.0128%1h325.26+0.121%$39K$188K10xas long as short
Binance ARMUSDT+0.0130%8h325.34+0.144%$8.6M$51.0M20xas long as short
Phoenix ARM+0.0198%1h324.97+0.031%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h328.17+1.016%$5K$52K12xas long as short
GRVT ARM_USDT_Perp+0.0223%8h324.97+0.031%$845$207K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0304%1h325.36+0.151%$12K$145K10xas long as short
KuCoin ARMUSDTM+0.0456%8h325.36+0.151%$2.3M$119K20xas long as short