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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.050%
Price spread now: QFEX against GRVT+0.208%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$520.523% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.099%−$10 on $10k
Price spread, last 4 days (all we have)−0.202%−$20 · spread now +0.208%, 7d avg −0.033%
Together, before fees−0.301%+ Points / potential airdropGRVT: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.241% dearer against GRVT than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.033%. Mind the row above: over the last 4 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ARM_USDT_Perp319.650get 0.0000% / 8h2h 13m$655$221K10x
ShortQFEX ARM-USD320.310.0011get 0.0001% / 1h13m 23s$1.1M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$2.39
Price spread: +0.208% → −0.033%
$24.08
Slippage, 4 orders
−$33.33
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$25.87
Costs to cover
0.523%
Break-even
82.9 days
Slippage from GRVT: live order book, 34 min ago; QFEX: 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 GRVT live order book, 34 min ago2.64 bp20.7 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago2.03 bp10.4 bp −$1018.2 bp −$182doesn'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−0.0939%8h320.50+0.267%$1.8M$4.0M20xas long as short
edgeX ARMUSDC−0.0580%4h319.75+0.034%$34K$352K10xas long as short
BloFin ARM-USDT−0.0011%8h319.52−0.040%$121K$51K20xas long as short
Aster ARMUSDT0.0000%8h320.17+0.164%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h320.37+0.226%$38K$272K10xas long as short
Binance ARMUSDT0.0000%8h320.46+0.256%$8.2M$50.3M20xas long as short
Bybit ARMUSDT0.0000%8h320.59+0.295%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.48+0.261%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h320.56+0.286%$1.4M$4.4M50xas long as short
Variational Omni ARM0.0000%8h319.57−0.023%$184K$294Kas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ARM_USDT_Perplong0.0000%8h319.65long leg$655$221K10x
SunX ARM-USDT0.0000%8h319.99+0.108%$1K$2.5M10xas long as short
HTX ARM-USDT0.0000%8h319.53−0.036%$18K$17K20xas long as short
QFEX ARM-USDshort+0.0011%1h320.31+0.208%$1.1M$3.5M10x
Lighter ARM+0.0032%1h319.92+0.086%10xas long as short
Vest ARM-USD-PERP+0.0046%1h320.24+0.186%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.38+0.230%$370K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h319.43−0.068%$185K$422K10xas long as short
KuCoin ARMUSDTM+0.0100%8h320.24+0.186%$2.3M$119K20xas long as short
tradeXYZ xyz:ARM+0.0139%1h320.49+0.264%$8.1M$8.7M10xas long as short
Coinbase International ARM-PERP-INTX+0.0176%1h320.40+0.236%$100K$299K10xas long as short
Phoenix ARM+0.0200%1h319.85+0.064%$5K$446K10xas long as short
Injective ARM/USDC PERP+0.0220%1h323.11+1.084%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.1811%1h320.95+0.408%$12K$59K10xas long as short