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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h
Price spread now: edgeX against Lighter−0.055%49s7-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 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.055% cheaper against Lighter than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4.8 days of funding at the current rate (+$1 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ARM320.280.0032pay 0.0004% / 1h58m 25s10x
ShortedgeX ARMUSDC320.100.0070get 0.0035% / 4h2h 58m$35K$362K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$8.06
Price spread: −0.055% → 0.000%
−$5.55
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$6.48
Costs to cover
0.090%
Break-even
12.6 days
Slippage unknown: Lighter: no order-book sample; edgeX: live order book, 35 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 Lighter no order-book sample
Sell edgeX live order book, 35 min ago0.94 bp6.1 bp −$693.3 bp −$933doesn't fitdoesn'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 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−0.0184%8h320.41+0.041%$1.7M$4.1M20xas long as short
BloFin ARM-USDT−0.0020%8h320.31+0.009%$122K$53K20xas long as short
Aster ARMUSDT0.0000%8h320.29+0.004%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h320.40+0.037%$34K$317K10xas long as short
Binance ARMUSDT0.0000%8h320.51+0.072%$8.2M$49.9M20xas long as short
Bybit ARMUSDT0.0000%8h320.55+0.084%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.52+0.075%$1.6M$6.1M20xas long as short
Gate ARM_USDT0.0000%8h320.70+0.131%$1.4M$4.0M50xas long as short
Variational Omni ARM0.0000%8h320.06−0.068%$185K$255Kas long as short
SunX ARM-USDT0.0000%8h320.43+0.047%$1K$2.2M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h320.23−0.016%$18K$13K20xas long as short
Lighter ARMlong+0.0032%1h320.28long leg10x
QFEX ARM-USD+0.0037%1h320.41+0.041%$1.1M$3.3M10xas long as short
Vest ARM-USD-PERP+0.0046%1h320.55+0.084%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.35+0.022%$370K$1.2M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h320.31+0.009%$182K$429K10xas long as short
edgeX ARMUSDCshort+0.0070%4h320.10−0.055%$35K$362K10x
tradeXYZ xyz:ARM+0.0084%1h320.43+0.047%$8.1M$8.7M10xas long as short
KuCoin ARMUSDTM+0.0100%8h320.48+0.062%$2.3M$194K20xas long as short
Coinbase International ARM-PERP-INTX+0.0120%1h320.32+0.012%$100K$280K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0125%1h320.43+0.047%$12K$56K10xas long as short
Injective ARM/USDC PERP+0.0220%1h320.02−0.081%$11K$51K12xas long as short
Phoenix ARM+0.0224%1h320.36+0.025%$5K$412K10xas long as short
GRVT ARM_USDT_Perp+0.0442%8h320.37+0.029%$381$244K10xas long as short