Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%

Price spread now: Bybit against SunX−0.024%7-day average +0.028% · you buy dearer than you sell

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

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.024%, 7d avg +0.028%

Together, before fees+0.193%+$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.053% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ARM-USDT	328.02	0	get 0.0000% / 8h	4h 50m	$1K	$2.7M	10x
Short	Bybit ARMUSDT	327.94	0	get 0.0000% / 8h	4h 50m	$2.0M	$2.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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 SunXbpFee BybitbpOrdersPrice spread, now −0.024%Rate

Funding earned: $0
Price spread: −0.024% → +0.028%: −$5.28
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$24.28
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 7 min ago; Bybit: live order book, 1 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 SunX live order book, 7 min ago	500.02 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.81 bp	12.3 bp −$12	82.0 bp −$820	doesn't fit	doesn't fit

ARM on 24 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
edgeX ARMUSDC	−0.0062%	4h	328.64	+0.188%	$35K	$347K	10x	as long as short
BloFin ARM-USDT	−0.0002%	8h	328.09	+0.021%	$128K	$48K	20x	as long as short
Aster ARMUSDT	0.0000%	8h	328.15	+0.038%	$7K	$126K	20x	as long as short
Bybit ARMUSDTshort	0.0000%	8h	327.94	−0.024%	$2.0M	$2.1M	25x
OKX ARM-USDT-SWAP	0.0000%	8h	328.04	+0.006%	$1.7M	$6.7M	20x	as long as short
Variational Omni ARM	0.0000%	8h	328.08	+0.018%	$213K	$311K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	328.72	+0.213%	$740	$194K	10x	as long as short
SunX ARM-USDTlong	0.0000%	8h	328.02	long leg	$1K	$2.7M	10x
HTX ARM-USDT	0.0000%	8h	327.57	−0.137%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0025%	1h	328.20	+0.055%	$1.1M	$4.0M	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter ARM	+0.0032%	1h	327.72	−0.091%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	328.25	+0.070%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	328.24	+0.067%	$380K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	328.46	+0.134%	$202K	$398K	10x	as long as short
Binance ARMUSDT	+0.0063%	8h	328.00	−0.006%	$8.6M	$49.9M	20x	as long as short
Extended ARM-USD	+0.0064%	1h	327.93	−0.026%	$39K	$271K	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0088%	1h	328.34	+0.098%	$100K	$302K	10x	as long as short
Gate ARM_USDT	+0.0130%	8h	328.34	+0.098%	$1.5M	$4.3M	50x	as long as short
tradeXYZ xyz:ARM	+0.0151%	1h	328.22	+0.061%	$8.3M	$8.8M	10x	as long as short
Phoenix ARM	+0.0195%	1h	328.88	+0.262%	$5K	$444K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	332.08	+1.238%	$5K	$50K	12x	as long as short
Bitget ARMUSDT	+0.0236%	8h	328.20	+0.055%	$1.8M	$3.8M	20x	as long as short
KuCoin ARMUSDTM	+0.0508%	8h	328.06	+0.012%	$2.4M	$118K	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0970%	1h	328.28	+0.079%	$12K	$125K	10x	as long as short