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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0211%/8h= +23.1% APRpaid last 24h +0.188%
Price spread now: Deribit against edgeX+0.032%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$420.421% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.197%+$20 on $10k
Price spread, last 4 days (all we have)−0.317%−$32 · spread now +0.032%, 7d avg +0.007%
Together, before fees−0.119%+ Points / potential airdropedgeX: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Deribit is 0.026% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ARMUSDC328.82−0.0036get 0.0018% / 4h1h 32m$35K$347K10x
ShortDeribit ARM_USDC-PERPETUAL328.930.0176get 0.0022% / 1h32m 50s$12K$125K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$44.39
Price spread: +0.032% → +0.007%
$2.56
Slippage, 4 orders
−$26.1
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$4.84
Costs to cover
0.421%
Break-even
6.2 days
Slippage from edgeX: live order book, 30 min ago; Deribit: live order book, 30 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, 30 min ago1.68 bp6.7 bp −$789.4 bp −$894doesn't fitdoesn't fit
Sell Deribit live order book, 30 min ago4.74 bp18.2 bp −$1822.6 bp −$226doesn'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 ARMUSDClong−0.0036%4h328.82long leg$35K$347K10x
Coinbase International ARM-PERP-INTX−0.0008%1h328.97+0.045%$101K$292K10xas long as short
Aster ARMUSDT0.0000%8h328.84+0.005%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h328.97+0.045%$2.0M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h328.94+0.035%$1.7M$6.7M20xas long as short
GRVT ARM_USDT_Perp0.0000%8h328.90+0.022%$470$187K10xas long as short
SunX ARM-USDT0.0000%8h328.84+0.005%$845$2.7M10xas long as short
HTX ARM-USDT0.0000%8h328.75−0.022%$18K$16K20xas long as short
QFEX ARM-USD+0.0011%1h328.82−0.001%$1.1M$4.3M10xas long as short
BloFin ARM-USDT+0.0025%8h329.00+0.054%$128K$48K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARM+0.0032%1h328.70−0.038%10xas long as short
Variational Omni ARM+0.0037%8h329.02+0.058%$214K$321Kas long as short
Vest ARM-USD-PERP+0.0046%1h328.93+0.032%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h328.86+0.011%$381K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h328.91+0.026%$202K$406K10xas long as short
tradeXYZ xyz:ARM+0.0078%1h328.88+0.017%$8.3M$8.8M10xas long as short
Gate ARM_USDT+0.0115%8h329.17+0.105%$1.4M$4.3M50xas long as short
Phoenix ARM+0.0122%1h328.85+0.008%$5K$434K10xas long as short
Binance ARMUSDT+0.0142%8h328.93+0.032%$8.6M$50.0M20xas long as short
Extended ARM-USD+0.0144%1h328.85+0.007%$36K$272K10xas long as short
Deribit ARM_USDC-PERPETUALshort+0.0176%1h328.93+0.032%$12K$125K10x
Injective ARM/USDC PERP+0.0220%1h332.09+0.993%$5K$50K12xas long as short
Bitget ARMUSDT+0.0296%8h328.97+0.045%$1.8M$3.8M20xas long as short
KuCoin ARMUSDTM+0.0658%8h328.97+0.045%$2.4M$119K20xas long as short