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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0678%/8h= +74.2% APRpaid last 24h −0.094%
Price spread now: edgeX against GRVT+0.045%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.071%−$7 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.045%, 7d avg −0.028%
Together, before fees−0.139%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and edgeX is 0.073% dearer against GRVT than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.028%. Mind the row above: over the last 7 days funding on this pair cost −0.071%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ARM_USDT_Perp319.30−0.1069get 0.1069% / 8h7h 47m$310$238K10x
ShortedgeX ARMUSDC319.44−0.0391pay 0.0196% / 4h3h 47m$35K$359K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against GRVT. 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
$142.37
Price spread: +0.045% → −0.028%
$7.29
Slippage, 4 orders
−$27.39
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$104.27
Costs to cover
0.454%
Break-even
1.9 days
Slippage from GRVT: live order book, 50 min ago; edgeX: live order book, 51 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 GRVT live order book, 50 min ago2.02 bp15.5 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 51 min ago1.55 bp6.8 bp −$7doesn'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
GRVT ARM_USDT_Perplong−0.1069%8h319.30long leg$310$238K10x
Bitget ARMUSDT−0.0423%8h319.15−0.046%$1.7M$4.0M20xas long as short
edgeX ARMUSDCshort−0.0391%4h319.44+0.045%$35K$359K10x
Aster ARMUSDT0.0000%8h319.36+0.021%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h319.32+0.008%$31K$316K10xas long as short
Binance ARMUSDT0.0000%8h319.23−0.020%$8.1M$49.9M20xas long as short
Bybit ARMUSDT0.0000%8h319.29−0.002%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h319.12−0.055%$1.6M$6.5M20xas long as short
Gate ARM_USDT0.0000%8h319.27−0.008%$1.4M$4.0M50xas long as short
Variational Omni ARM0.0000%8h319.50+0.063%$186K$251Kas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h319.35+0.017%$1K$2.3M10xas long as short
HTX ARM-USDT0.0000%8h319.20−0.030%$18K$14K20xas long as short
QFEX ARM-USD+0.0020%1h318.92−0.118%$1.1M$3.4M10xas long as short
BloFin ARM-USDT+0.0024%8h319.22−0.024%$123K$52K20xas long as short
Lighter ARM+0.0032%1h319.03−0.084%10xas long as short
Vest ARM-USD-PERP+0.0046%1h319.11−0.059%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h319.04−0.081%$369K$1.2M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h318.90−0.124%$182K$431K10xas long as short
KuCoin ARMUSDTM+0.0100%8h319.50+0.064%$2.3M$141K20xas long as short
tradeXYZ xyz:ARM+0.0103%1h319.19−0.034%$8.2M$8.6M10xas long as short
Coinbase International ARM-PERP-INTX+0.0104%1h319.39+0.029%$98K$280K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.70+1.692%$5K$44K12xas long as short
Phoenix ARM+0.0224%1h319.26−0.012%$5K$414K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0251%1h319.25−0.015%$12K$56K10xas long as short