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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%
Price spread now: Bybit against Extended+0.059%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$640.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.059%, 7d avg +0.027%
Together, before fees−0.010%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.032% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ARM-USD319.700get 0.0000% / 1h36m 03s$36K$271K10x
ShortBybit ARMUSDT319.890get 0.0000% / 8h1h 36m$1.9M$2.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
$0
Price spread: +0.059% → +0.027%
$3.18
Slippage, 4 orders
−$48.13
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$60.95
Costs to cover
0.641%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; Bybit: live order book, 1 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 Extended live order book, 6 min ago2.81 bp15.4 bp −$15109.1 bp −$1,091doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago5.16 bp18.4 bp −$1889.7 bp −$897doesn'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
Bitget ARMUSDT−0.0852%8h320.44+0.231%$1.8M$4.0M20xas long as short
Aster ARMUSDT0.0000%8h319.74+0.012%$7K$126K20xas long as short
Extended ARM-USDlong0.0000%1h319.70long leg$36K$271K10x
Binance ARMUSDT0.0000%8h319.82+0.036%$8.2M$50.4M20xas long as short
Bybit ARMUSDTshort0.0000%8h319.89+0.059%$1.9M$2.1M25x
OKX ARM-USDT-SWAP0.0000%8h319.72+0.006%$1.6M$6.6M20xas long as short
Gate ARM_USDT0.0000%8h319.85+0.046%$1.4M$4.2M50xas long as short
Variational Omni ARM0.0000%8h320.19+0.152%$184K$286Kas long as short
GRVT ARM_USDT_Perp0.0000%8h320.25+0.172%$637$226K10xas long as short
SunX ARM-USDT0.0000%8h319.96+0.081%$1K$2.5M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h320.04+0.106%$18K$17K20xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h319.81+0.034%$12K$59K10xas long as short
BloFin ARM-USDT+0.0018%8h319.58−0.038%$122K$51K20xas long as short
QFEX ARM-USD+0.0021%1h319.92+0.068%$1.1M$3.5M10xas long as short
Lighter ARM+0.0032%1h319.66−0.013%10xas long as short
Vest ARM-USD-PERP+0.0046%1h319.95+0.078%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h319.75+0.015%$370K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h319.72+0.006%$184K$433K10xas long as short
KuCoin ARMUSDTM+0.0100%8h320.00+0.093%$2.3M$119K20xas long as short
tradeXYZ xyz:ARM+0.0123%1h319.73+0.009%$8.1M$8.7M10xas long as short
Phoenix ARM+0.0199%1h320.12+0.131%$5K$444K10xas long as short
Coinbase International ARM-PERP-INTX+0.0200%1h321.23+0.478%$100K$293K10xas long as short
Injective ARM/USDC PERP+0.0220%1h323.41+1.160%$5K$50K12xas long as short
edgeX ARMUSDC+0.0482%4h319.78+0.023%$34K$352K10xas long as short