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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0059%/8h= +6.5% APRpaid last 24h −0.027%
Price spread now: Gate against Extended+0.099%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$630.625% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.315%−$31 · spread now +0.099%, 7d avg +0.022%
Together, before fees−0.303%+ Points / potential airdropExtended: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.077% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ARM-USD327.240.0064pay 0.0008% / 1h48m 58s$39K$271K10x
ShortGate ARM_USDT327.560.0123get 0.0123% / 8h4h 48m$1.5M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$12.39
Price spread: +0.099% → +0.022%
$7.74
Slippage, 4 orders
−$42.52
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$42.39
Costs to cover
0.625%
Break-even
30.9 days
Slippage from Extended: live order book, 8 min ago; Gate: live order book, 4 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, 8 min ago2.44 bp14.3 bp −$14104.4 bp −$1,044doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago4.11 bp17.6 bp −$1862.2 bp −$62285.1 bp −$8,513doesn'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 ARMUSDC−0.0062%4h328.64+0.428%$35K$347K10xas long as short
Aster ARMUSDT0.0000%8h327.36+0.037%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h327.31+0.023%$2.0M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h327.23−0.002%$1.7M$6.7M20xas long as short
Variational Omni ARM0.0000%8h328.08+0.257%$213K$311Kas long as short
GRVT ARM_USDT_Perp0.0000%8h328.72+0.454%$740$194K10xas long as short
SunX ARM-USDT0.0000%8h328.02+0.240%$1K$2.7M10xas long as short
HTX ARM-USDT0.0000%8h327.57+0.102%$18K$16K20xas long as short
BloFin ARM-USDT+0.0008%8h327.14−0.029%$128K$48K20xas long as short
QFEX ARM-USD+0.0025%1h327.21−0.008%$1.1M$4.0M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARM+0.0032%1h326.99−0.075%10xas long as short
Vest ARM-USD-PERP+0.0046%1h327.67+0.133%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h327.10−0.041%$379K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h328.46+0.374%$202K$398K10xas long as short
Binance ARMUSDT+0.0062%8h327.32+0.026%$8.6M$50.0M20xas long as short
Extended ARM-USDlong+0.0064%1h327.24long leg$39K$271K10x
Coinbase International ARM-PERP-INTX+0.0088%1h326.98−0.078%$98K$301K10xas long as short
Gate ARM_USDTshort+0.0123%8h327.56+0.099%$1.5M$4.3M50x
tradeXYZ xyz:ARM+0.0123%1h327.34+0.032%$8.3M$8.8M10xas long as short
Phoenix ARM+0.0195%1h328.13+0.273%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h332.08+1.481%$5K$50K12xas long as short
Bitget ARMUSDT+0.0226%8h327.28+0.014%$1.8M$3.9M20xas long as short
KuCoin ARMUSDTM+0.0504%8h327.33+0.029%$2.3M$118K20xas long as short
Deribit ARM_USDC-PERPETUAL+0.0514%1h327.27+0.011%$12K$125K10xas long as short