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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0290%/8h= −31.8% APRnext payment $2.90 per $10,000 · paid last 24h −0.037%
Price spread now: SunX against GRVT−0.081%74s7-day average −0.053% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.124%−$12 on $10k
Price spread, last 4 days (all we have)−0.223%−$22 · spread now −0.081%, 7d avg −0.053%
Together, before fees−0.347%+ Points / potential airdropGRVT: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SunX is 0.028% cheaper against GRVT than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.053%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.90 per $10,000. 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_Perp320.710.0290pay 0.0290% / 8h7h 02m$1K$243K10x
ShortSunX ARM-USDT320.450get 0.0000% / 8h7h 02m$1K$2.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$60.9
Price spread: −0.081% → −0.053%
−$2.81
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$80.71
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 30 min ago; SunX: live order book, 5 min ago. Net counts fees only.

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, 30 min ago2.84 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 5 min ago496.88 bpdoesn't fitdoesn'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
edgeX ARMUSDC−0.0985%4h320.62−0.028%$35K$361K10xas long as short
Bitget ARMUSDT−0.0218%8h320.26−0.141%$1.7M$4.1M20xas long as short
Aster ARMUSDT0.0000%8h319.59−0.350%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h320.04−0.208%$34K$317K10xas long as short
Binance ARMUSDT0.0000%8h320.16−0.172%$8.2M$49.9M20xas long as short
Bybit ARMUSDT0.0000%8h320.20−0.159%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.07−0.200%$1.6M$6.0M20xas long as short
Gate ARM_USDT0.0000%8h320.35−0.113%$1.4M$4.1M50xas long as short
Variational Omni ARM0.0000%8h320.68−0.011%$185K$255Kas long as short
SunX ARM-USDTshort0.0000%8h320.45−0.081%$1K$2.2M10x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h320.40−0.097%$18K$13K20xas long as short
BloFin ARM-USDT+0.0016%8h320.19−0.162%$121K$53K20xas long as short
QFEX ARM-USD+0.0020%1h320.21−0.156%$1.1M$3.3M10xas long as short
Lighter ARM+0.0032%1h319.72−0.309%10xas long as short
Vest ARM-USD-PERP+0.0046%1h320.30−0.128%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.16−0.172%$370K$1.2M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h320.33−0.119%$183K$429K10xas long as short
KuCoin ARMUSDTM+0.0100%8h320.26−0.141%$2.3M$191K20xas long as short
Coinbase International ARM-PERP-INTX+0.0104%1h320.32−0.122%$100K$280K10xas long as short
tradeXYZ xyz:ARM+0.0124%1h320.09−0.194%$8.1M$8.6M10xas long as short
Injective ARM/USDC PERP+0.0220%1h320.02−0.215%$11K$51K12xas long as short
Phoenix ARM+0.0224%1h320.46−0.078%$5K$414K10xas long as short
GRVT ARM_USDT_Perplong+0.0290%8h320.71long leg$1K$243K10x
Deribit ARM_USDC-PERPETUAL+0.0844%1h320.21−0.156%$12K$56K10xas long as short