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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.068%
Price spread now: KuCoin against Extended+0.056%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$366as in the Price arb table
costs, in and out, $10k−$3713.709% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.241%+$24 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.056%, 7d avg +0.010%
Together, before fees+0.077%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.046% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ARM-USD320.490get 0.0000% / 1h50m 15s$38K$269K10x
ShortKuCoin ARMUSDTM320.670.0100get 0.0100% / 8h1h 50m$2.3M$119K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.056% → +0.010%
$4.58
Slippage, 4 orders
−$353.88
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$345.29
Costs to cover
3.709%
Break-even
122.1 days
Slippage from Extended: live order book, 57 min ago; KuCoin: 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 Extended live order book, 57 min ago2.17 bp13.7 bp −$14124.1 bp −$1,241doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago6.24 bp180.3 bp −$180doesn'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
Bitget ARMUSDT−0.0811%8h320.69+0.062%$1.8M$4.0M20xas long as short
BloFin ARM-USDT−0.0010%8h320.08−0.128%$122K$51K20xas long as short
Aster ARMUSDT0.0000%8h320.34−0.047%$7K$126K20xas long as short
Extended ARM-USDlong0.0000%1h320.49long leg$38K$269K10x
Binance ARMUSDT0.0000%8h320.61+0.036%$8.2M$50.3M20xas long as short
Bybit ARMUSDT0.0000%8h320.60+0.034%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.38−0.034%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h320.65+0.050%$1.4M$4.1M50xas long as short
Variational Omni ARM0.0000%8h320.33−0.049%$184K$288Kas long as short
GRVT ARM_USDT_Perp0.0000%8h320.55+0.018%$250$224K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h320.57+0.025%$917$2.5M10xas long as short
HTX ARM-USDT0.0000%8h320.09−0.125%$18K$17K20xas long as short
QFEX ARM-USD+0.0021%1h320.42−0.022%$1.1M$3.5M10xas long as short
Lighter ARM+0.0032%1h320.16−0.103%10xas long as short
Vest ARM-USD-PERP+0.0046%1h320.48−0.003%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.54+0.015%$371K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h320.51+0.006%$183K$434K10xas long as short
KuCoin ARMUSDTMshort+0.0100%8h320.67+0.056%$2.3M$119K20x
tradeXYZ xyz:ARM+0.0193%1h320.66+0.053%$8.1M$8.7M10xas long as short
Phoenix ARM+0.0199%1h320.51+0.006%$5K$444K10xas long as short
Coinbase International ARM-PERP-INTX+0.0200%1h321.23+0.231%$100K$296K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.40+1.220%$5K$50K12xas long as short
edgeX ARMUSDC+0.0871%4h320.51+0.005%$34K$351K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0999%1h320.59+0.031%$12K$59K10xas long as short