Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h −0.035%

Price spread now: Extended against edgeX−0.008%93s7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$590.586% of the position

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 3 days (all we have)+0.040%+$4 · spread now −0.008%, 7d avg −0.009%

Together, before fees−0.042%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ARMUSDC	324.14	−0.0098	get 0.0049% / 4h	1h 29m	$34K	$349K	10x
Short	Extended ARM-USD	324.12	0.0040	get 0.0005% / 1h	29m 59s	$39K	$188K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee edgeXbpFee ExtendedbpOrdersPrice spread, now −0.008%Rate

Funding earned: $29.03
Price spread: −0.008% → −0.009%: $0.17
Slippage, 4 orders: −$44.62
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$29.43
Costs to cover: 0.586%
Break-even: 14.1 days

Slippage from edgeX: live order book, 53 min ago; Extended: live order book, 52 min ago.

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 edgeX live order book, 53 min ago	6.81 bp	11.9 bp −$12	86.3 bp −$863	doesn't fit	doesn't fit
Sell Extended live order book, 52 min ago	2.79 bp	15.4 bp −$15	132.8 bp −$1,328	doesn't fit	doesn't fit

ARM on 24 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
edgeX ARMUSDClong	−0.0098%	4h	324.14	long leg	$34K	$349K	10x
Aster ARMUSDT	0.0000%	8h	323.71	−0.132%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	324.20	+0.017%	$2.0M	$2.6M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	323.88	−0.081%	$1.7M	$6.8M	20x	as long as short
Bitget ARMUSDT	0.0000%	8h	323.91	−0.072%	$1.7M	$4.2M	20x	as long as short
Variational Omni ARM	0.0000%	8h	324.01	−0.040%	$276K	$459K	—	as long as short
SunX ARM-USDT	0.0000%	8h	323.48	−0.205%	$1K	$3.2M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	323.76	−0.118%	$18K	$16K	20x	as long as short
BloFin ARM-USDT	+0.0003%	8h	323.98	−0.050%	$123K	$44K	20x	as long as short
Lighter ARM	+0.0032%	1h	323.74	−0.124%	—	—	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARMUSDT	+0.0038%	8h	324.22	+0.025%	$8.6M	$51.1M	20x	as long as short
Extended ARM-USDshort	+0.0040%	1h	324.12	−0.008%	$39K	$188K	10x
QFEX ARM-USD	+0.0043%	1h	323.88	−0.081%	$1.1M	$4.7M	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	324.18	+0.011%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	323.87	−0.084%	$365K	$1.5M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	323.74	−0.124%	$214K	$554K	10x	as long as short
Gate ARM_USDT	+0.0059%	8h	324.36	+0.067%	$1.5M	$4.1M	50x	as long as short
Coinbase International ARM-PERP-INTX	+0.0088%	1h	323.28	−0.266%	$83K	$289K	10x	as long as short
GRVT ARM_USDT_Perp	+0.0137%	8h	323.71	−0.134%	$800	$210K	10x	as long as short
Phoenix ARM	+0.0198%	1h	323.91	−0.072%	$5K	$460K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	326.88	+0.844%	$5K	$52K	12x	as long as short
tradeXYZ xyz:ARM	+0.0272%	1h	324.16	+0.005%	$7.8M	$10.0M	10x	as long as short
KuCoin ARMUSDTM	+0.0320%	8h	323.66	−0.149%	$2.3M	$117K	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0677%	1h	324.08	−0.020%	$12K	$145K	10x	as long as short