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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0879%/8h= −96.3% APRnext payment $8.79 per $10,000 · paid last 24h +0.061%
Price spread now: GRVT against SunX+0.130%7-day average +0.051% · you sell dearer than you buy
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 days+0.124%+$12 on $10k
Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.130%, 7d avg +0.051%
Together, before fees+0.063%+ Points / potential airdropGRVT: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.079% dearer against SunX than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.051%): +$8 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.124%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $8.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ARM-USDT320.930get 0.0000% / 8h7h 57m$1K$2.3M10x
ShortGRVT ARM_USDT_Perp321.35−0.0879pay 0.0879% / 8h7h 57m$373$237K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
−$184.59
Price spread: +0.130% → +0.051%
$7.87
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$193.72
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 10 min ago; GRVT: live order book, 40 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 SunX live order book, 10 min ago500.14 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 40 min ago2.02 bp16.4 bp −$16doesn'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
GRVT ARM_USDT_Perpshort−0.0879%8h321.35+0.130%$373$237K10x
Bitget ARMUSDT−0.0417%8h321.32+0.122%$1.7M$3.9M20xas long as short
edgeX ARMUSDC−0.0250%4h321.31+0.118%$35K$356K10xas long as short
Deribit ARM_USDC-PERPETUAL−0.0248%1h320.92−0.003%$12K$57K10xas long as short
BloFin ARM-USDT−0.0012%8h320.71−0.069%$123K$52K20xas long as short
Aster ARMUSDT0.0000%8h321.42+0.152%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h320.84−0.029%$32K$317K10xas long as short
Binance ARMUSDT0.0000%8h321.14+0.065%$8.3M$49.7M20xas long as short
Bybit ARMUSDT0.0000%8h321.14+0.065%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.57−0.112%$1.6M$6.5M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ARM_USDT0.0000%8h321.03+0.031%$1.4M$4.0M50xas long as short
Variational Omni ARM0.0000%8h321.72+0.245%$187K$252Kas long as short
SunX ARM-USDTlong0.0000%8h320.93long leg$1K$2.3M10x
HTX ARM-USDT0.0000%8h320.67−0.081%$18K$14K20xas long as short
QFEX ARM-USD+0.0020%1h320.90−0.009%$1.1M$3.4M10xas long as short
Lighter ARM+0.0032%1h320.99+0.019%10xas long as short
Vest ARM-USD-PERP+0.0046%1h321.09+0.050%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h322.00+0.333%$8.2M$8.7M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h321.03+0.031%$371K$1.2M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h321.45+0.162%$185K$427K10xas long as short
KuCoin ARMUSDTM+0.0100%8h321.32+0.122%$2.3M$129K20xas long as short
Coinbase International ARM-PERP-INTX+0.0104%1h320.83−0.031%$98K$280K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.70+1.175%$5K$44K12xas long as short
Phoenix ARM+0.0224%1h321.27+0.106%$5K$414K10xas long as short