Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.064%

Price spread now: HTX against tradeXYZ−0.195%7-day average — · you buy dearer than you sell

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

Long on tradeXYZ Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.195% cheaper against tradeXYZ than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ARM	328.61	0.0050	pay 0.0006% / 1h	50m 14s	$8.3M	$8.7M	10x
Short	HTX ARM-USDT	327.97	0	get 0.0000% / 8h	5h 50m	$18K	$16K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee tradeXYZbpFee HTXbpOrdersPrice spread, now −0.195%Rate

Funding earned: −$10.5
Price spread: −0.195% → 0.000%: −$19.48
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee HTX: 6 bp × 2 orders: −$12
Net: −$59.98
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 8 min ago; HTX: 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 tradeXYZ live order book, 8 min ago	1.22 bp	13.0 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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
Coinbase International ARM-PERP-INTX	−0.0008%	1h	328.31	−0.091%	$101K	$291K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.79	+0.055%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	328.69	+0.024%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	328.66	+0.015%	$1.7M	$6.6M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	328.18	−0.131%	$331	$186K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.93	+0.097%	$957	$2.7M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	328.58	−0.009%	$12K	$125K	10x	as long as short
HTX ARM-USDTshort	0.0000%	8h	327.97	−0.195%	$18K	$16K	20x
QFEX ARM-USD	+0.0011%	1h	328.70	+0.027%	$1.1M	$4.3M	10x	as long as short
Lighter ARM	+0.0032%	1h	328.50	−0.033%	—	—	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-PERP	+0.0046%	1h	328.76	+0.046%	—	—	10x	as long as short
tradeXYZ xyz:ARMlong	+0.0050%	1h	328.61	long leg	$8.3M	$8.7M	10x
Polymarket Perps ARM-USD	+0.0050%	1h	328.75	+0.043%	$381K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	328.52	−0.027%	$200K	$405K	10x	as long as short
Variational Omni ARM	+0.0069%	8h	328.27	−0.105%	$213K	$325K	—	as long as short
Phoenix ARM	+0.0122%	1h	328.14	−0.143%	$5K	$434K	10x	as long as short
Gate ARM_USDT	+0.0132%	8h	328.90	+0.088%	$1.4M	$4.2M	50x	as long as short
Extended ARM-USD	+0.0176%	1h	328.58	−0.009%	$36K	$273K	10x	as long as short
Binance ARMUSDT	+0.0179%	8h	328.69	+0.024%	$8.7M	$50.1M	20x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	330.57	+0.596%	$5K	$50K	12x	as long as short
Bitget ARMUSDT	+0.0234%	8h	328.73	+0.037%	$1.8M	$3.8M	20x	as long as short
edgeX ARMUSDC	+0.0581%	4h	328.06	−0.168%	$35K	$346K	10x	as long as short
KuCoin ARMUSDTM	+0.0706%	8h	328.83	+0.067%	$2.4M	$119K	20x	as long as short