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−0.0123%/8h= −13.4% APRpaid last 24h +0.001%
Price spread now: GRVT against tradeXYZ−0.136%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$540.538% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.136%, 7d avg +0.053%
Together, before fees+0.019%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.190% cheaper against tradeXYZ than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.053%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:ARM322.500.0123pay 0.0015% / 1h15m 14s$8.1M$8.7M10x
ShortGRVT ARM_USDT_Perp322.060get 0.0000% / 8h3h 15m$741$216K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$25.79
Price spread: −0.136% → +0.053%
−$18.97
Slippage, 4 orders
−$26.77
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$98.53
Costs to cover
0.538%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; GRVT: live order book, 37 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, 3 min ago1.09 bp11.0 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 37 min ago4.31 bp12.9 bp −$13doesn'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−0.0279%8h322.66+0.050%$1.8M$3.9M20xas long as short
BloFin ARM-USDT−0.0019%8h322.16−0.105%$123K$50K20xas long as short
Aster ARMUSDT0.0000%8h322.07−0.133%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h322.25−0.077%$37K$272K10xas long as short
Binance ARMUSDT0.0000%8h322.34−0.050%$8.3M$50.7M20xas long as short
Bybit ARMUSDT0.0000%8h322.38−0.037%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.31−0.059%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h322.55+0.016%$1.4M$4.4M50xas long as short
Variational Omni ARM0.0000%8h322.49−0.004%$208K$288Kas long as short
GRVT ARM_USDT_Perpshort0.0000%8h322.06−0.136%$741$216K10x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h322.52+0.006%$871$2.6M10xas long as short
HTX ARM-USDT0.0000%8h321.59−0.282%$18K$17K20xas long as short
QFEX ARM-USD+0.0014%1h322.41−0.028%$1.1M$3.7M10xas long as short
Lighter ARM+0.0032%1h322.05−0.140%10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.47−0.009%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.30−0.062%$373K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h322.22−0.087%$186K$416K10xas long as short
Phoenix ARM+0.0123%1h321.76−0.229%$5K$446K10xas long as short
tradeXYZ xyz:ARMlong+0.0123%1h322.50long leg$8.1M$8.7M10x
Coinbase International ARM-PERP-INTX+0.0128%1h322.33−0.053%$100K$314K10xas long as short
KuCoin ARMUSDTM+0.0135%8h322.44−0.019%$2.3M$119K20xas long as short
Injective ARM/USDC PERP+0.0220%1h324.93+0.753%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0588%1h322.35−0.047%$12K$59K10xas long as short
edgeX ARMUSDC+0.0906%4h322.13−0.116%$34K$351K10xas long as short