Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0490%/8h= +53.7% APRpaid last 24h —

Price spread now: Bitget against Lighter+0.076%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bitget is 0.076% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ARM	328.69	0.0032	pay 0.0004% / 1h	25m 01s	—	—	10x
Short	Bitget ARMUSDT	328.94	0.0522	get 0.0522% / 8h	6h 25m	$1.8M	$3.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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 LighterbpFee BitgetbpOrdersPrice spread, now +0.076%Rate

Funding earned: $102.9
Price spread: +0.076% → 0.000%: $7.61
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: $98.51
Costs to cover: 0.120%
Break-even: 0.3 days

Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 3 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 Lighter no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	2.59 bp	18.0 bp −$18	34.2 bp −$342	71.9 bp −$7,188	doesn't fit

Lighter: 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 23 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
Coinbase International ARM-PERP-INTX	−0.0024%	1h	328.06	−0.192%	$99K	$287K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.84	+0.045%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	328.95	+0.079%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	328.85	+0.049%	$1.7M	$6.6M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	328.79	+0.030%	$727	$185K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.96	+0.082%	$1K	$2.9M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	329.22	+0.161%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0015%	1h	328.87	+0.055%	$1.1M	$4.4M	10x	as long as short
Lighter ARMlong	+0.0032%	1h	328.69	long leg	—	—	10x
Vest ARM-USD-PERP	+0.0046%	1h	328.97	+0.085%	—	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ARM	+0.0050%	1h	328.85	+0.049%	$8.3M	$9.0M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	328.80	+0.033%	$381K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	328.74	+0.015%	$204K	$406K	10x	as long as short
Phoenix ARM	+0.0121%	1h	328.39	−0.091%	$5K	$444K	10x	as long as short
Variational Omni ARM	+0.0142%	8h	329.17	+0.145%	$214K	$333K	—	as long as short
edgeX ARMUSDC	+0.0157%	4h	328.73	+0.012%	$35K	$344K	10x	as long as short
Gate ARM_USDT	+0.0167%	8h	329.20	+0.155%	$1.5M	$4.2M	50x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	331.58	+0.879%	$5K	$50K	12x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0237%	1h	328.88	+0.058%	$12K	$125K	10x	as long as short
Extended ARM-USD	+0.0264%	1h	328.81	+0.037%	$36K	$274K	10x	as long as short
Binance ARMUSDT	+0.0265%	8h	328.95	+0.078%	$8.7M	$50.5M	20x	as long as short
Bitget ARMUSDTshort	+0.0522%	8h	328.94	+0.076%	$1.8M	$3.8M	20x
KuCoin ARMUSDTM	+0.0792%	8h	329.06	+0.113%	$2.4M	$121K	20x	as long as short