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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.015%
Price spread now: Gate against edgeX+0.267%82s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.267%, 7d avg +0.015%
Together, before fees−0.136%+ Points / potential airdropedgeX: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.252% dearer against edgeX than usual: you sell high and buy low (spread +0.267% now, against its 7-day average of +0.015%): +$25 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 38 days. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ARMUSDC321.870.0022pay 0.0011% / 4h42m 08s$34K$354K10x
ShortGate ARM_USDT322.730get 0.0000% / 8h42m 08s$1.4M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$4.62
Price spread: +0.267% → +0.015%
$25.17
Slippage, 4 orders
−$29.04
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$32.49
Costs to cover
0.530%
Break-even
never at this rate
Slippage from edgeX: live order book, 61 min ago; Gate: live order book, 6 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, 61 min ago1.56 bp6.6 bp −$784.5 bp −$845doesn't fitdoesn't fit
Sell Gate live order book, 6 min ago5.59 bp18.0 bp −$1856.4 bp −$56487.5 bp −$8,748doesn'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
Bitget ARMUSDT−0.0598%8h322.62+0.232%$1.7M$4.0M20xas long as short
Aster ARMUSDT0.0000%8h322.43+0.175%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h322.42+0.171%$35K$314K10xas long as short
Binance ARMUSDT0.0000%8h322.63+0.236%$8.3M$50.1M20xas long as short
Bybit ARMUSDT0.0000%8h322.59+0.223%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.64+0.239%$1.6M$6.5M20xas long as short
Gate ARM_USDTshort0.0000%8h322.73+0.267%$1.4M$4.1M50x
Variational Omni ARM0.0000%8h321.97+0.031%$185K$252Kas long as short
GRVT ARM_USDT_Perp0.0000%8h321.72−0.048%$743$233K10xas long as short
SunX ARM-USDT0.0000%8h321.82−0.016%$998$2.4M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h321.93+0.018%$18K$15K20xas long as short
BloFin ARM-USDT+0.0015%8h322.24+0.114%$122K$52K20xas long as short
edgeX ARMUSDClong+0.0022%4h321.87long leg$34K$354K10x
QFEX ARM-USD+0.0025%1h321.93+0.018%$1.2M$3.5M10xas long as short
Lighter ARM+0.0032%1h322.37+0.155%10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.15+0.086%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.29+0.130%$373K$1.2M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h322.00+0.040%$186K$438K10xas long as short
KuCoin ARMUSDTM+0.0100%8h322.46+0.183%$2.3M$116K20xas long as short
Coinbase International ARM-PERP-INTX+0.0160%1h321.18−0.215%$97K$290K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.38+0.779%$5K$49K12xas long as short
Phoenix ARM+0.0224%1h322.06+0.058%$5K$444K10xas long as short
tradeXYZ xyz:ARM+0.0226%1h322.75+0.273%$8.2M$8.6M10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0401%1h322.62+0.232%$12K$59K10xas long as short