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+0.0720%/8h= +78.8% APRpaid last 24h +0.068%
Price spread now: GRVT against edgeX−0.137%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$350.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)+0.155%+$16 · spread now −0.137%, 7d avg +0.028%
Together, before fees+0.205%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.165% cheaper against edgeX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.028%). If the spread goes back, that is −$16 on $10k: about 18 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.050% in total) that is about 23 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ARMUSDC322.16−0.0720get 0.0360% / 4h40m 32s$34K$352K10x
ShortGRVT ARM_USDT_Perp321.720get 0.0000% / 8h40m 32s$743$233K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$151.16
Price spread: −0.137% → +0.028%
−$16.48
Slippage, 4 orders
−$16.87
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$99.82
Costs to cover
0.349%
Break-even
2.4 days
Slippage from edgeX: live order book, 63 min ago; GRVT: live order book, 62 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, 63 min ago1.56 bp6.6 bp −$784.5 bp −$845doesn't fitdoesn't fit
Sell GRVT live order book, 62 min ago2.50 bp11.9 bp −$1220.9 bp −$209doesn'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−0.0720%4h322.16long leg$34K$352K10x
Bitget ARMUSDT−0.0560%8h322.41+0.079%$1.7M$4.0M20xas long as short
BloFin ARM-USDT−0.0012%8h322.55+0.122%$123K$52K20xas long as short
Aster ARMUSDT0.0000%8h322.39+0.071%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h322.31+0.047%$35K$314K10xas long as short
Binance ARMUSDT0.0000%8h322.41+0.079%$8.3M$50.1M20xas long as short
Bybit ARMUSDT0.0000%8h322.48+0.100%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.26+0.032%$1.6M$6.5M20xas long as short
Gate ARM_USDT0.0000%8h322.58+0.131%$1.4M$4.1M50xas long as short
Variational Omni ARM0.0000%8h322.74+0.182%$186K$251Kas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ARM_USDT_Perpshort0.0000%8h321.72−0.137%$743$233K10x
SunX ARM-USDT0.0000%8h321.82−0.105%$998$2.4M10xas long as short
HTX ARM-USDT0.0000%8h321.93−0.070%$18K$15K20xas long as short
QFEX ARM-USD+0.0025%1h322.34+0.057%$1.2M$3.5M10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0029%1h322.76+0.187%$12K$59K10xas long as short
Lighter ARM+0.0032%1h322.31+0.047%10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.58+0.131%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.02−0.043%$372K$1.2M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h322.79+0.196%$186K$435K10xas long as short
KuCoin ARMUSDTM+0.0100%8h322.27+0.035%$2.3M$116K20xas long as short
Coinbase International ARM-PERP-INTX+0.0160%1h321.18−0.303%$97K$290K10xas long as short
tradeXYZ xyz:ARM+0.0213%1h322.46+0.094%$8.2M$8.6M10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.38+0.690%$5K$49K12xas long as short
Phoenix ARM+0.0224%1h322.18+0.007%$5K$444K10xas long as short