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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0011%/8h= −1.2% APRnext payment $0.01 per $10,000 · paid last 24h +0.051%
Price spread now: Coinbase International against QFEX−0.022%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$460.462% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.070%+$7 on $10k
Price spread, last 3 days (all we have)−0.185%−$19 · spread now −0.022%, 7d avg −0.030%
Together, before fees−0.115%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.070%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ARM-USD322.970.0035pay 0.0004% / 1h8m 58s$1.1M$4.6M10x
ShortCoinbase International ARM-PERP-INTX322.900.0024get 0.0003% / 1h8m 58s$91K$278K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against QFEX. 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
−$2.3
Price spread: −0.022% → −0.030%
$0.82
Slippage, 4 orders
−$26.16
Fee QFEX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$47.65
Costs to cover
0.462%
Break-even
never at this rate
Slippage from QFEX: live order book, 4 min ago; Coinbase International: live order book, 14 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 QFEX live order book, 4 min ago1.24 bp9.3 bp −$916.0 bp −$160doesn't fitdoesn't fit
Sell Coinbase International live order book, 14 min ago8.52 bp14.2 bp −$1422.2 bp −$222doesn'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%8h322.87−0.031%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h323.00+0.009%$39K$188K10xas long as short
Binance ARMUSDT0.0000%8h323.03+0.019%$8.5M$51.1M20xas long as short
Bybit ARMUSDT0.0000%8h322.95−0.006%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h323.04+0.022%$1.6M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h323.06+0.028%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h323.31+0.105%$276K$460Kas long as short
SunX ARM-USDT0.0000%8h322.57−0.124%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h322.89−0.025%$18K$16K20xas long as short
Gate ARM_USDT+0.0010%8h323.18+0.065%$1.5M$4.0M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ARM-USDT+0.0010%8h323.28+0.096%$122K$44K20xas long as short
GRVT ARM_USDT_Perp+0.0023%8h323.31+0.104%$837$214K10xas long as short
Coinbase International ARM-PERP-INTXshort+0.0024%1h322.90−0.022%$91K$278K10x
Lighter ARM+0.0032%1h322.63−0.105%10xas long as short
QFEX ARM-USDlong+0.0035%1h322.97long leg$1.1M$4.6M10x
Vest ARM-USD-PERP+0.0046%1h323.09+0.037%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.92−0.015%$374K$1.5M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h322.83−0.043%$210K$549K10xas long as short
tradeXYZ xyz:ARM+0.0056%1h322.86−0.034%$7.6M$9.9M10xas long as short
KuCoin ARMUSDTM+0.0100%8h323.45+0.149%$2.3M$118K20xas long as short
Phoenix ARM+0.0149%1h323.15+0.056%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h326.29+1.028%$5K$52K12xas long as short
edgeX ARMUSDC+0.0291%4h323.30+0.103%$34K$346K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0865%1h323.10+0.040%$12K$145K10xas long as short