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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0053%/8h= −5.8% APRnext payment $0.53 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against Gate−0.025%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$590.595% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 7 days+0.064%+$6 · spread now −0.025%, 7d avg +0.006%
Together, before fees+0.049%+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.031% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ARM_USDT325.080.0053pay 0.0053% / 8h57m 04s$1.5M$4.1M50x
ShortBybit ARMUSDT325.000get 0.0000% / 8h57m 04s$2.0M$2.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
−$11.13
Price spread: −0.025% → +0.006%
−$3.09
Slippage, 4 orders
−$33.46
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$73.68
Costs to cover
0.595%
Break-even
never at this rate
Slippage from Gate: live order book, 6 min ago; Bybit: 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 Gate live order book, 6 min ago2.31 bp16.8 bp −$1742.1 bp −$42158.3 bp −$5,831doesn't fit
Sell Bybit live order book, 5 min ago2.46 bp11.8 bp −$12123.6 bp −$1,236doesn'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
Polymarket Perps ARM-USD−0.0057%1h324.80−0.086%$464K$1.7M10xas long as short
Aster ARMUSDT0.0000%8h324.79−0.089%$7K$126K20xas long as short
Bybit ARMUSDTshort0.0000%8h325.00−0.025%$2.0M$2.6M25x
OKX ARM-USDT-SWAP0.0000%8h324.95−0.040%$1.7M$6.8M20xas long as short
Bitget ARMUSDT0.0000%8h324.95−0.040%$1.8M$4.3M20xas long as short
SunX ARM-USDT0.0000%8h324.57−0.157%$1K$3.2M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h324.89−0.058%$12K$145K10xas long as short
HTX ARM-USDT0.0000%8h324.72−0.111%$18K$16K20xas long as short
BloFin ARM-USDT+0.0003%8h324.79−0.089%$123K$44K20xas long as short
tradeXYZ xyz:ARM+0.0005%1h324.93−0.046%$8.0M$9.9M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ARM+0.0012%8h325.07−0.004%$213K$523Kas long as short
Coinbase International ARM-PERP-INTX+0.0016%1h324.83−0.077%$88K$290K10xas long as short
Lighter ARM+0.0032%1h324.96−0.037%10xas long as short
QFEX ARM-USD+0.0033%1h324.84−0.074%$1.1M$4.7M10xas long as short
Vest ARM-USD-PERP+0.0046%1h325.09+0.003%10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h324.88−0.062%$211K$557K10xas long as short
Gate ARM_USDTlong+0.0053%8h325.08long leg$1.5M$4.1M50x
Binance ARMUSDT+0.0128%8h324.95−0.040%$8.6M$51.1M20xas long as short
Extended ARM-USD+0.0128%1h324.81−0.083%$39K$188K10xas long as short
Phoenix ARM+0.0198%1h325.02−0.018%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h328.17+0.951%$5K$52K12xas long as short
GRVT ARM_USDT_Perp+0.0234%8h325.06−0.006%$845$207K10xas long as short
KuCoin ARMUSDTM+0.0444%8h325.25+0.052%$2.3M$119K20xas long as short
edgeX ARMUSDC+0.0669%4h324.85−0.071%$35K$348K10xas long as short