Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against SunX−0.055%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.055% cheaper against SunX than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.0 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	SunX ARM-USDT	327.44	0	get 0.0000% / 8h	6h 01m	$940	$2.8M	10x
Short	Vest ARM-USD-PERP	327.26	0.0046	get 0.0006% / 1h	1m 37s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.055%Rate

Funding earned: $9.59
Price spread: −0.055% → 0.000%: −$5.5
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$5.9
Costs to cover: 0.100%
Break-even: 11.3 days

Slippage unknown: SunX: live order book, 6 min ago; Vest: 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 SunX live order book, 6 min ago	500.22 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
edgeX ARMUSDC	−0.0446%	4h	327.15	−0.088%	$35K	$346K	10x	as long as short
Coinbase International ARM-PERP-INTX	−0.0024%	1h	327.05	−0.119%	$100K	$289K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	327.52	+0.024%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	327.79	+0.107%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	327.45	+0.003%	$1.7M	$6.6M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	327.21	−0.071%	$1K	$186K	10x	as long as short
SunX ARM-USDTlong	0.0000%	8h	327.44	long leg	$940	$2.8M	10x
HTX ARM-USDT	0.0000%	8h	326.16	−0.391%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0015%	1h	327.38	−0.018%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	327.56	+0.037%	—	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ARM-USD-PERPshort	+0.0046%	1h	327.26	−0.055%	—	—	10x
tradeXYZ xyz:ARM	+0.0050%	1h	327.49	+0.015%	$8.3M	$8.8M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	327.22	−0.067%	$379K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	327.39	−0.015%	$202K	$400K	10x	as long as short
Variational Omni ARM	+0.0100%	8h	327.73	+0.089%	$213K	$329K	—	as long as short
Phoenix ARM	+0.0121%	1h	327.36	−0.024%	$5K	$444K	10x	as long as short
Gate ARM_USDT	+0.0128%	8h	327.72	+0.086%	$1.4M	$4.3M	50x	as long as short
Binance ARMUSDT	+0.0205%	8h	327.75	+0.093%	$8.6M	$50.4M	20x	as long as short
Extended ARM-USD	+0.0208%	1h	327.70	+0.079%	$36K	$273K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	332.02	+1.399%	$5K	$50K	12x	as long as short
Bitget ARMUSDT	+0.0273%	8h	327.56	+0.037%	$1.8M	$3.8M	20x	as long as short
KuCoin ARMUSDTM	+0.0725%	8h	327.65	+0.064%	$2.3M	$120K	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0972%	1h	327.75	+0.095%	$12K	$125K	10x	as long as short