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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0480%/8h= +52.6% APRpaid last 24h +0.149%
Price spread now: KuCoin against edgeX−0.074%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$2372.368% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.266%+$27 on $10k
Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.074%, 7d avg +0.004%
Together, before fees+0.430%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.078% cheaper against edgeX than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.004%). If the spread goes back, that is −$8 on $10k: about 13 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.266% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.266% in total (about 13.9% 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 ARMUSDC319.67−0.0380get 0.0190% / 4h3h 43m$35K$360K10x
ShortKuCoin ARMUSDTM319.430.0100get 0.0100% / 8h7h 43m$2.3M$147K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$100.88
Price spread: −0.074% → +0.004%
−$7.82
Slippage, 4 orders
−$215.83
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$143.76
Costs to cover
2.368%
Break-even
17.0 days
Slippage from edgeX: live order book, 55 min ago; KuCoin: live order book, 3 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, 55 min ago1.55 bp6.7 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago8.14 bp106.3 bp −$106doesn'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
GRVT ARM_USDT_Perp−0.0772%8h319.57−0.030%$310$238K10xas long as short
Bitget ARMUSDT−0.0413%8h319.09−0.180%$1.7M$4.0M20xas long as short
edgeX ARMUSDClong−0.0380%4h319.67long leg$35K$360K10x
Aster ARMUSDT0.0000%8h319.23−0.137%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h319.13−0.167%$31K$316K10xas long as short
Binance ARMUSDT0.0000%8h318.93−0.231%$8.1M$49.9M20xas long as short
Bybit ARMUSDT0.0000%8h319.01−0.205%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h318.90−0.240%$1.6M$6.5M20xas long as short
Gate ARM_USDT0.0000%8h319.00−0.208%$1.4M$4.1M50xas long as short
Variational Omni ARM0.0000%8h318.94−0.228%$183K$253Kas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h319.59−0.024%$1K$2.3M10xas long as short
HTX ARM-USDT0.0000%8h319.24−0.133%$18K$14K20xas long as short
QFEX ARM-USD+0.0020%1h318.90−0.240%$1.1M$3.4M10xas long as short
BloFin ARM-USDT+0.0029%8h319.16−0.158%$122K$52K20xas long as short
Lighter ARM+0.0032%1h318.77−0.280%10xas long as short
Vest ARM-USD-PERP+0.0046%1h319.04−0.196%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h319.10−0.177%$369K$1.2M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h319.72+0.017%$182K$434K10xas long as short
KuCoin ARMUSDTMshort+0.0100%8h319.43−0.074%$2.3M$147K20x
Coinbase International ARM-PERP-INTX+0.0104%1h319.39−0.086%$98K$280K10xas long as short
tradeXYZ xyz:ARM+0.0142%1h318.89−0.243%$8.1M$8.6M10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.70+1.575%$5K$44K12xas long as short
Phoenix ARM+0.0224%1h319.02−0.202%$5K$414K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0377%1h318.96−0.221%$12K$56K10xas long as short