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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h −0.064%
Price spread now: BloFin against tradeXYZ+0.009%108s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.452% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.195%−$19 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.009%, 7d avg −0.001%
Together, before fees−0.313%+ Points / potential airdroptradeXYZ: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:ARM322.130.0128pay 0.0016% / 1h13m 27s$8.1M$8.7M10x
ShortBloFin ARM-USDT322.16−0.0019pay 0.0019% / 8h3h 13m$123K$50K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$30.94
Price spread: +0.009% → −0.001%
$1
Slippage, 4 orders
−$15.16
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$75.1
Costs to cover
0.452%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; BloFin: live order book, 5 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, 4 min ago1.09 bp11.0 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.78 bp6.8 bp −$7doesn'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
Bitget ARMUSDT−0.0297%8h322.66+0.165%$1.8M$3.9M20xas long as short
BloFin ARM-USDTshort−0.0019%8h322.16+0.009%$123K$50K20x
Aster ARMUSDT0.0000%8h322.12−0.004%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h322.25+0.037%$37K$272K10xas long as short
Binance ARMUSDT0.0000%8h322.25+0.037%$8.3M$50.7M20xas long as short
Bybit ARMUSDT0.0000%8h322.31+0.056%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.04−0.028%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h322.46+0.102%$1.4M$4.4M50xas long as short
Variational Omni ARM0.0000%8h322.49+0.111%$208K$288Kas long as short
GRVT ARM_USDT_Perp0.0000%8h322.41+0.087%$742$216K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h322.48+0.109%$871$2.6M10xas long as short
HTX ARM-USDT0.0000%8h321.59−0.168%$18K$17K20xas long as short
QFEX ARM-USD+0.0014%1h322.31+0.056%$1.1M$3.7M10xas long as short
Lighter ARM+0.0032%1h322.19+0.019%10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.31+0.056%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h321.86−0.084%$373K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h321.97−0.050%$186K$416K10xas long as short
Phoenix ARM+0.0123%1h322.21+0.025%$5K$446K10xas long as short
Coinbase International ARM-PERP-INTX+0.0128%1h322.33+0.062%$100K$314K10xas long as short
tradeXYZ xyz:ARMlong+0.0128%1h322.13long leg$8.1M$8.7M10x
KuCoin ARMUSDTM+0.0133%8h322.28+0.047%$2.3M$119K20xas long as short
Injective ARM/USDC PERP+0.0220%1h324.93+0.869%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0557%1h322.33+0.062%$12K$59K10xas long as short
edgeX ARMUSDC+0.0633%4h322.35+0.068%$34K$351K10xas long as short