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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against OKX−0.034%103s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$550.548% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 3 days (all we have)−0.062%−$6 · spread now −0.034%, 7d avg −0.016%
Together, before fees−0.075%−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ARM-USDT-SWAP326.370get 0.0000% / 8h21m 32s$1.7M$6.7M20x
ShortBloFin ARM-USDT326.260.0019get 0.0019% / 8h21m 32s$124K$45K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$4.08
Price spread: −0.034% → −0.016%
−$1.79
Slippage, 4 orders
−$32.81
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$52.52
Costs to cover
0.548%
Break-even
97.2 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago0.92 bp17.9 bp −$1858.5 bp −$585doesn't fitdoesn't fit
Sell BloFin live order book, 39 min ago1.69 bp13.8 bp −$14doesn't fitdoesn't fitdoesn't fit

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
Aster ARMUSDT0.0000%8h325.87−0.153%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h326.39+0.006%$2.0M$2.4M25xas long as short
OKX ARM-USDT-SWAPlong0.0000%8h326.37long leg$1.7M$6.7M20x
Bitget ARMUSDT0.0000%8h326.27−0.031%$1.8M$4.2M20xas long as short
SunX ARM-USDT0.0000%8h325.86−0.156%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h326.02−0.107%$18K$17K20xas long as short
Coinbase International ARM-PERP-INTX+0.0016%1h326.10−0.083%$89K$288K10xas long as short
BloFin ARM-USDTshort+0.0019%8h326.26−0.034%$124K$45K20x
Lighter ARM+0.0032%1h326.01−0.110%10xas long as short
QFEX ARM-USD+0.0033%1h326.32−0.015%$1.1M$4.8M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ARM-USD-PERP+0.0046%1h326.42+0.015%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h326.39+0.006%$385K$2.1M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h325.60−0.236%$208K$554K10xas long as short
Gate ARM_USDT+0.0063%8h326.54+0.052%$1.5M$4.1M50xas long as short
Variational Omni ARM+0.0116%8h325.94−0.131%$213K$523Kas long as short
tradeXYZ xyz:ARM+0.0156%1h326.44+0.021%$8.0M$9.6M10xas long as short
Injective ARM/USDC PERP+0.0220%1h329.31+0.901%$5K$52K12xas long as short
Extended ARM-USD+0.0264%1h326.34−0.009%$39K$188K10xas long as short
Binance ARMUSDT+0.0267%8h326.370.000%$8.6M$51.0M20xas long as short
Phoenix ARM+0.0271%1h325.99−0.116%$5K$460K10xas long as short
GRVT ARM_USDT_Perp+0.0318%8h326.03−0.103%$502$200K10xas long as short
edgeX ARMUSDC+0.0592%4h326.09−0.085%$35K$351K10xas long as short
KuCoin ARMUSDTM+0.0635%8h326.29−0.025%$2.3M$120K20xas long as short
Deribit ARM_USDC-PERPETUAL+0.0885%1h326.34−0.009%$12K$145K10xas long as short