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+0.0167%/8h= +18.3% APRnext payment +$1.67 per $10,000 · paid last 24h −0.040%
Price spread now: GRVT against Gate−0.057%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$600.601% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.019%+$2 · spread now −0.057%, 7d avg +0.013%
Together, before fees+0.020%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.070% cheaper against Gate than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.013%). If the spread goes back, that is −$7 on $10k: about 34 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.001% in total) that is about 18 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ARM_USDT325.420.0054pay 0.0054% / 8h52m 48s$1.5M$4.1M50x
ShortGRVT ARM_USDT_Perp325.230.0221get 0.0221% / 8h52m 48s$846$207K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$35.07
Price spread: −0.057% → +0.013%
−$7.01
Slippage, 4 orders
−$36.13
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$32.07
Costs to cover
0.601%
Break-even
13.4 days
Slippage from Gate: live order book, 5 min ago; GRVT: live order book, 24 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, 5 min ago2.62 bp13.6 bp −$1441.5 bp −$41558.7 bp −$5,872doesn't fit
Sell GRVT live order book, 24 min ago1.85 bp11.9 bp −$12doesn'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
BloFin ARM-USDT−0.0028%8h325.41−0.003%$123K$44K20xas long as short
Aster ARMUSDT0.0000%8h325.06−0.110%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h325.28−0.043%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h325.20−0.068%$1.7M$6.8M20xas long as short
Bitget ARMUSDT0.0000%8h325.21−0.065%$1.8M$4.2M20xas long as short
SunX ARM-USDT0.0000%8h324.87−0.169%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h325.00−0.129%$18K$17K20xas long as short
Variational Omni ARM+0.0011%8h324.92−0.153%$213K$523Kas long as short
Coinbase International ARM-PERP-INTX+0.0016%1h324.86−0.172%$88K$290K10xas long as short
Lighter ARM+0.0032%1h325.00−0.129%10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX ARM-USD+0.0033%1h325.26−0.049%$1.1M$4.7M10xas long as short
Vest ARM-USD-PERP+0.0046%1h325.35−0.022%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h325.12−0.092%$8.0M$9.7M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h325.05−0.114%$464K$1.7M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h324.85−0.175%$208K$557K10xas long as short
Gate ARM_USDTlong+0.0054%8h325.42long leg$1.5M$4.1M50x
Extended ARM-USD+0.0128%1h325.15−0.084%$39K$188K10xas long as short
Binance ARMUSDT+0.0130%8h325.21−0.065%$8.6M$51.0M20xas long as short
Deribit ARM_USDC-PERPETUAL+0.0211%1h325.27−0.046%$12K$145K10xas long as short
Injective ARM/USDC PERP+0.0220%1h328.17+0.845%$5K$52K12xas long as short
GRVT ARM_USDT_Perpshort+0.0221%8h325.23−0.057%$846$207K10x
Phoenix ARM+0.0271%1h325.29−0.040%$5K$460K10xas long as short
edgeX ARMUSDC+0.0355%4h325.23−0.057%$35K$349K10xas long as short
KuCoin ARMUSDTM+0.0462%8h325.39−0.009%$2.3M$118K20xas long as short