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+0.0143%/8h= +15.7% APRnext payment +$0.18 per $10,000 · paid last 24h +0.028%
Price spread now: tradeXYZ against Extended+0.045%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$520.519% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.167%+$17 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.045%, 7d avg −0.004%
Together, before fees+0.123%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.049% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ARM-USD320.140get 0.0000% / 1h43m 30s$36K$271K10x
ShorttradeXYZ xyz:ARM320.280.0143get 0.0018% / 1h43m 30s$8.1M$8.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$30.07
Price spread: +0.045% → −0.004%
$4.95
Slippage, 4 orders
−$28.87
Fee Extended: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$16.86
Costs to cover
0.519%
Break-even
10.9 days
Slippage from Extended: live order book, 64 min ago; tradeXYZ: live order book, 5 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, 64 min ago2.17 bp13.7 bp −$14124.1 bp −$1,241doesn't fitdoesn't fit
Sell tradeXYZ live order book, 5 min ago1.09 bp11.5 bp −$11doesn'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−0.0827%8h320.32+0.058%$1.8M$4.0M20xas long as short
edgeX ARMUSDC−0.0054%4h320.23+0.030%$34K$353K10xas long as short
Aster ARMUSDT0.0000%8h320.00−0.042%$7K$126K20xas long as short
Extended ARM-USDlong0.0000%1h320.14long leg$36K$271K10x
Binance ARMUSDT0.0000%8h320.20+0.021%$8.2M$50.3M20xas long as short
Bybit ARMUSDT0.0000%8h320.09−0.014%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.18+0.014%$1.6M$6.6M20xas long as short
Gate ARM_USDT0.0000%8h320.26+0.039%$1.4M$4.2M50xas long as short
Variational Omni ARM0.0000%8h320.01−0.038%$184K$287Kas long as short
GRVT ARM_USDT_Perp0.0000%8h320.10−0.011%$653$226K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h320.10−0.011%$1K$2.5M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h320.09−0.014%$12K$59K10xas long as short
HTX ARM-USDT0.0000%8h319.97−0.052%$18K$17K20xas long as short
BloFin ARM-USDT+0.0004%8h320.02−0.036%$122K$51K20xas long as short
QFEX ARM-USD+0.0021%1h320.23+0.029%$1.1M$3.5M10xas long as short
Lighter ARM+0.0032%1h319.98−0.049%10xas long as short
Vest ARM-USD-PERP+0.0046%1h320.36+0.070%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.14+0.001%$370K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h319.98−0.049%$184K$433K10xas long as short
KuCoin ARMUSDTM+0.0100%8h320.39+0.079%$2.3M$119K20xas long as short
tradeXYZ xyz:ARMshort+0.0143%1h320.28+0.045%$8.1M$8.7M10x
Phoenix ARM+0.0199%1h320.31+0.054%$5K$444K10xas long as short
Coinbase International ARM-PERP-INTX+0.0200%1h321.23+0.342%$100K$296K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.40+1.332%$5K$50K12xas long as short