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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.1066%/8h= −116.7% APRpaid last 24h −0.009%
Price spread now: Bitget against tradeXYZ+0.066%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$590.589% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days−0.033%−$3 · spread now +0.066%, 7d avg +0.049%
Together, before fees−0.019%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$32 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:ARM319.730.0169pay 0.0021% / 1h28m 31s$8.1M$8.7M10x
ShortBitget ARMUSDT319.94−0.0897pay 0.0897% / 8h1h 28m$1.8M$4.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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
−$223.77
Price spread: +0.066% → +0.049%
$1.65
Slippage, 4 orders
−$28.94
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$281.06
Costs to cover
0.589%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Bitget: live order book, 4 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 tradeXYZ live order book, 10 min ago1.10 bp12.7 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.64 bp14.1 bp −$1416.0 bp −$16063.3 bp −$6,328doesn'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
Bitget ARMUSDTshort−0.0897%8h319.94+0.066%$1.8M$4.0M20x
Aster ARMUSDT0.0000%8h319.65−0.024%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h319.60−0.040%$36K$267K10xas long as short
Binance ARMUSDT0.0000%8h319.68−0.017%$8.2M$50.4M20xas long as short
Bybit ARMUSDT0.0000%8h319.61−0.038%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h319.52−0.066%$1.6M$6.6M20xas long as short
Gate ARM_USDT0.0000%8h319.80+0.022%$1.4M$4.2M50xas long as short
Variational Omni ARM0.0000%8h319.35−0.118%$184K$284Kas long as short
GRVT ARM_USDT_Perp0.0000%8h319.50−0.071%$431$228K10xas long as short
SunX ARM-USDT0.0000%8h319.730.000%$1K$2.5M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h319.00−0.228%$18K$16K20xas long as short
BloFin ARM-USDT+0.0015%8h319.80+0.022%$122K$51K20xas long as short
QFEX ARM-USD+0.0021%1h319.54−0.059%$1.1M$3.5M10xas long as short
Lighter ARM+0.0032%1h319.57−0.050%10xas long as short
Vest ARM-USD-PERP+0.0046%1h319.64−0.028%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h319.60−0.041%$370K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h319.52−0.066%$184K$432K10xas long as short
KuCoin ARMUSDTM+0.0100%8h319.83+0.031%$2.3M$119K20xas long as short
tradeXYZ xyz:ARMlong+0.0169%1h319.73long leg$8.1M$8.7M10x
Phoenix ARM+0.0199%1h319.65−0.025%$5K$444K10xas long as short
Coinbase International ARM-PERP-INTX+0.0200%1h319.16−0.178%$97K$294K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0220%1h319.63−0.031%$12K$59K10xas long as short
Injective ARM/USDC PERP+0.0220%1h323.41+1.151%$5K$50K12xas long as short
edgeX ARMUSDC+0.0479%4h319.37−0.114%$34K$353K10xas long as short