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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0092%/8h= −10.1% APRnext payment $0.12 per $10,000 · paid last 24h −0.041%
Price spread now: Coinbase International against Injective−1.148%64s7-day average · 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−0.073%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 1.148% cheaper against Injective than usual: you would sell low and buy high (−$115 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ARM/USDC PERP324.930.0220pay 0.0028% / 1h0m 04s$5K$50K12x
ShortCoinbase International ARM-PERP-INTX321.200.0128get 0.0016% / 1h0m 04s$99K$312K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
−$19.32
Price spread: −1.148% → 0.000%
−$114.79
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$144.13
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 53 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 Injective no order-book sample
Sell Coinbase International live order book, 53 min ago7.08 bp12.1 bp −$1217.4 bp −$174doesn't fitdoesn't fit
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 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−0.0537%8h320.56−1.345%$1.8M$3.9M20xas long as short
edgeX ARMUSDC−0.0315%4h320.77−1.281%$34K$351K10xas long as short
BloFin ARM-USDT−0.0017%8h320.23−1.446%$122K$50K20xas long as short
Aster ARMUSDT0.0000%8h320.68−1.307%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h320.47−1.373%$35K$272K10xas long as short
Binance ARMUSDT0.0000%8h320.45−1.379%$8.2M$50.5M20xas long as short
Bybit ARMUSDT0.0000%8h320.47−1.373%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.18−1.462%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h320.44−1.382%$1.4M$4.4M50xas long as short
Variational Omni ARM0.0000%8h320.30−1.424%$191K$299Kas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ARM_USDT_Perp0.0000%8h321.07−1.188%$722$215K10xas long as short
SunX ARM-USDT0.0000%8h321.31−1.114%$1K$2.6M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h320.54−1.351%$12K$59K10xas long as short
HTX ARM-USDT0.0000%8h319.89−1.551%$18K$16K20xas long as short
QFEX ARM-USD+0.0014%1h320.34−1.413%$1.1M$3.6M10xas long as short
Lighter ARM+0.0032%1h320.34−1.413%10xas long as short
Vest ARM-USD-PERP+0.0046%1h320.52−1.357%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.42−1.388%$371K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h320.24−1.443%$187K$430K10xas long as short
KuCoin ARMUSDTM+0.0100%8h320.58−1.339%$2.3M$119K20xas long as short
Phoenix ARM+0.0123%1h321.19−1.151%$5K$446K10xas long as short
Coinbase International ARM-PERP-INTXshort+0.0128%1h321.20−1.148%$99K$312K10x
tradeXYZ xyz:ARM+0.0139%1h320.51−1.360%$8.0M$8.6M10xas long as short
Injective ARM/USDC PERPlong+0.0220%1h324.93long leg$5K$50K12x