Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.029%

Price spread now: Injective against GRVT+0.849%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 0.849% dearer against GRVT than usual: you sell high and buy low: +$85 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ARM_USDT_Perp	328.79	0	get 0.0000% / 8h	6h 23m	$727	$185K	10x
Short	Injective ARM/USDC PERP	331.58	0.0220	get 0.0028% / 1h	23m 47s	$5K	$50K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee GRVTbpFee InjectivebpOrdersPrice spread, now +0.849%Rate

Funding earned: $46.2
Price spread: +0.849% → 0.000%: $84.86
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $122.04
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: GRVT: live order book, 43 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT live order book, 43 min ago	1.97 bp	22.7 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ARM on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International ARM-PERP-INTX	−0.0024%	1h	328.06	−0.222%	$99K	$287K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.94	+0.044%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	329.05	+0.079%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	329.17	+0.116%	$1.7M	$6.7M	20x	as long as short
GRVT ARM_USDT_Perplong	0.0000%	8h	328.79	long leg	$727	$185K	10x
SunX ARM-USDT	0.0000%	8h	328.96	+0.052%	$1K	$2.9M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	329.22	+0.131%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0015%	1h	329.03	+0.073%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	328.88	+0.027%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	329.15	+0.109%	—	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ARM	+0.0050%	1h	329.00	+0.064%	$8.3M	$8.8M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	329.01	+0.067%	$381K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	328.74	−0.015%	$204K	$406K	10x	as long as short
Phoenix ARM	+0.0121%	1h	328.39	−0.122%	$5K	$444K	10x	as long as short
Variational Omni ARM	+0.0142%	8h	329.17	+0.114%	$214K	$333K	—	as long as short
edgeX ARMUSDC	+0.0157%	4h	328.73	−0.018%	$35K	$344K	10x	as long as short
Gate ARM_USDT	+0.0180%	8h	329.36	+0.173%	$1.5M	$4.2M	50x	as long as short
Injective ARM/USDC PERPshort	+0.0220%	1h	331.58	+0.849%	$5K	$50K	12x
Binance ARMUSDT	+0.0264%	8h	329.01	+0.068%	$8.7M	$50.5M	20x	as long as short
Extended ARM-USD	+0.0264%	1h	329.02	+0.069%	$36K	$274K	10x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0328%	1h	329.13	+0.103%	$12K	$125K	10x	as long as short
Bitget ARMUSDT	+0.0519%	8h	329.08	+0.088%	$1.8M	$3.8M	20x	as long as short
KuCoin ARMUSDTM	+0.0791%	8h	329.13	+0.103%	$2.4M	$121K	20x	as long as short