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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0912%/8h= +99.8% APRpaid last 24h −0.123%
Price spread now: edgeX against Injective−0.229%7-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−0.326%−$33 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.229% cheaper against Injective than usual: you would sell low and buy high (spread −0.229% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 20 hours of funding at the current rate (+$27 a day). Mind the row above: over the last 7 days funding on this pair cost −0.326%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.326% in total (about -17.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ARM/USDC PERP322.260.0033pay 0.0004% / 1h50m 23s$3K$60K12x
ShortedgeX ARMUSDC321.520.0945get 0.0473% / 4h50m 23s$35K$362K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$191.46
Price spread: −0.229% → 0.000%
−$22.87
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$159.57
Costs to cover
0.090%
Break-even
1.2 days
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 56 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 edgeX live order book, 56 min ago4.82 bp9.9 bp −$1088.0 bp −$880doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ARMUSDT0.0000%8h321.53−0.227%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h321.04−0.378%$33K$325K10xas long as short
Binance ARMUSDT0.0000%8h321.39−0.270%$8.2M$50.7M20xas long as short
Bybit ARMUSDT0.0000%8h321.21−0.326%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.57−0.524%$1.7M$6.3M20xas long as short
Gate ARM_USDT0.0000%8h321.41−0.264%$1.4M$3.9M50xas long as short
Bitget ARMUSDT0.0000%8h321.17−0.338%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h321.12−0.354%$186K$219Kas long as short
SunX ARM-USDT0.0000%8h321.43−0.258%$1K$2.0M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h321.16−0.341%$12K$53K10xas long as short
Show all 24 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h321.31−0.295%$18K$10K20xas long as short
BloFin ARM-USDT+0.0009%8h321.23−0.320%$128K$58K20xas long as short
QFEX ARM-USD+0.0027%1h321.12−0.354%$1.1M$3.3M10xas long as short
Lighter ARM+0.0032%1h321.03−0.382%10xas long as short
Injective ARM/USDC PERPlong+0.0033%1h322.26long leg$3K$60K12x
Vest ARM-USD-PERP+0.0046%1h321.47−0.245%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h321.36−0.279%$362K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h320.98−0.397%$183K$440K10xas long as short
Coinbase International ARM-PERP-INTX+0.0056%1h320.68−0.490%$94K$275K10xas long as short
tradeXYZ xyz:ARM+0.0139%1h321.31−0.295%$8.3M$8.6M10xas long as short
Phoenix ARM+0.0149%1h321.74−0.161%$8K$424K10xas long as short
KuCoin ARMUSDTM+0.0191%8h321.65−0.189%$2.3M$332K20xas long as short
GRVT ARM_USDT_Perp+0.0299%8h321.77−0.153%$489$262K10xas long as short
edgeX ARMUSDCshort+0.0945%4h321.52−0.229%$35K$362K10x