Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h +0.011%

Price spread now: QFEX against HTX−0.034%7-day average — · you buy dearer than you sell

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

Long on HTX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. QFEX is 0.034% cheaper against HTX than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ARM-USDT	326.52	0	get 0.0000% / 8h	7h 56m	$18K	$17K	20x
Short	QFEX ARM-USD	326.41	0.0026	get 0.0003% / 1h	56m 52s	$1.1M	$4.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against HTX. 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 HTXbpFee QFEXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $5.41
Price spread: −0.034% → 0.000%: −$3.37
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$19.96
Costs to cover: 0.220%
Break-even: 32.8 days

Slippage unknown: HTX: no order-book sample; QFEX: live order book, 6 min ago. 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 HTX no order-book sample	—	—	—	—	—
Sell QFEX live order book, 6 min ago	2.00 bp	8.2 bp −$8	14.0 bp −$140	doesn't fit	doesn't fit

HTX: 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 24 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
edgeX ARMUSDC	−0.1000%	4h	325.49	−0.315%	$35K	$350K	10x	as long as short
BloFin ARM-USDT	−0.0015%	8h	326.55	+0.009%	$125K	$45K	20x	as long as short
Aster ARMUSDT	0.0000%	8h	327.21	+0.210%	$7K	$126K	20x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	327.47	+0.291%	$1.7M	$6.6M	20x	as long as short
Bitget ARMUSDT	0.0000%	8h	325.97	−0.168%	$1.8M	$4.0M	20x	as long as short
SunX ARM-USDT	0.0000%	8h	326.04	−0.147%	$1K	$3.1M	10x	as long as short
HTX ARM-USDTlong	0.0000%	8h	326.52	long leg	$18K	$17K	20x
QFEX ARM-USDshort	+0.0026%	1h	326.41	−0.034%	$1.1M	$4.8M	10x
Lighter ARM	+0.0032%	1h	326.94	+0.129%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	326.56	+0.012%	—	—	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International ARM-PERP-INTX	+0.0048%	1h	325.94	−0.178%	$89K	$286K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	329.18	+0.815%	$5K	$50K	12x	as long as short
Variational Omni ARM	+0.0233%	8h	325.64	−0.271%	$213K	$523K	—	as long as short
Phoenix ARM	+0.0271%	1h	325.89	−0.193%	$5K	$460K	10x	as long as short
Binance ARMUSDT	+0.0358%	8h	327.36	+0.257%	$8.7M	$50.5M	20x	as long as short
Extended ARM-USD	+0.0360%	1h	327.23	+0.217%	$39K	$188K	10x	as long as short
GRVT ARM_USDT_Perp	+0.0384%	8h	325.77	−0.231%	$577	$199K	10x	as long as short
Bybit ARMUSDT	+0.0429%	8h	327.29	+0.236%	$2.0M	$2.2M	25x	as long as short
Gate ARM_USDT	+0.0459%	8h	327.52	+0.306%	$1.5M	$4.0M	50x	as long as short
Ondo Perps ARM-USD.P	+0.0470%	1h	326.63	+0.034%	$208K	$547K	10x	as long as short
KuCoin ARMUSDTM	+0.0732%	8h	326.95	+0.132%	$2.3M	$119K	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0820%	1h	327.33	+0.248%	$12K	$127K	10x	as long as short
Polymarket Perps ARM-USD	+0.1232%	1h	325.77	−0.230%	$382K	$1.7M	10x	as long as short
tradeXYZ xyz:ARM	+0.1823%	1h	326.18	−0.104%	$8.0M	$9.7M	10x	as long as short