Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against OKX−0.070%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Lighter

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

Funding pays, the price is against you. Lighter is 0.070% cheaper against OKX than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 7.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ARM-USDT-SWAP	328.18	0	get 0.0000% / 8h	5h 57m	$1.7M	$6.6M	20x
Short	Lighter ARM	327.95	0.0032	get 0.0004% / 1h	57m 05s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee OKXbpFee LighterbpOrdersPrice spread, now −0.070%Rate

Funding earned: $6.72
Price spread: −0.070% → 0.000%: −$7.01
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$10.29
Costs to cover: 0.100%
Break-even: 17.7 days

Slippage unknown: OKX: live order book, 6 min ago; Lighter: no order-book sample. 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 OKX live order book, 6 min ago	1.99 bp	10.3 bp −$10	48.7 bp −$487	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

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	−0.0008%	1h	327.47	−0.216%	$101K	$291K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.11	−0.023%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	328.22	+0.012%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAPlong	0.0000%	8h	328.18	long leg	$1.7M	$6.6M	20x
GRVT ARM_USDT_Perp	0.0000%	8h	327.09	−0.334%	$1K	$186K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.15	−0.009%	$998	$2.8M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	326.67	−0.460%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0011%	1h	327.93	−0.076%	$1.1M	$4.4M	10x	as long as short
Lighter ARMshort	+0.0032%	1h	327.95	−0.070%	—	—	10x
Vest ARM-USD-PERP	+0.0046%	1h	328.07	−0.034%	—	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ARM-USD	+0.0050%	1h	328.01	−0.052%	$380K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	327.81	−0.113%	$202K	$406K	10x	as long as short
tradeXYZ xyz:ARM	+0.0072%	1h	328.18	0.000%	$8.3M	$8.8M	10x	as long as short
Variational Omni ARM	+0.0090%	8h	327.34	−0.255%	$213K	$327K	—	as long as short
Gate ARM_USDT	+0.0120%	8h	328.42	+0.073%	$1.4M	$4.2M	50x	as long as short
Phoenix ARM	+0.0121%	1h	327.86	−0.098%	$5K	$434K	10x	as long as short
Binance ARMUSDT	+0.0197%	8h	328.24	+0.017%	$8.6M	$50.3M	20x	as long as short
Extended ARM-USD	+0.0200%	1h	328.12	−0.017%	$36K	$273K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	330.57	+0.728%	$5K	$50K	12x	as long as short
Bitget ARMUSDT	+0.0234%	8h	328.23	+0.015%	$1.8M	$3.8M	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0421%	1h	328.21	+0.009%	$12K	$125K	10x	as long as short
edgeX ARMUSDC	+0.0534%	4h	327.32	−0.263%	$35K	$347K	10x	as long as short
KuCoin ARMUSDTM	+0.0717%	8h	328.24	+0.018%	$2.4M	$119K	20x	as long as short