Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0960%/8h= +105.2% APRpaid last 24h +0.054%

Price spread now: edgeX against Aster+0.109%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$185as in the Funding arb table

Net, price: spread back to 7d avg − costs−$190as in the Price arb table

costs, in and out, $10k−$1971.968% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

Price spread, last 3 days (all we have)−0.124%−$12 · spread now +0.109%, 7d avg +0.042%

Together, before fees−0.007%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and edgeX is 0.067% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.042%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARMUSDT	329.99	0	get 0.0000% / 8h	7h 01m	$7K	$126K	20x
Short	edgeX ARMUSDC	330.35	0.0960	get 0.0480% / 4h	3h 01m	$35K	$345K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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 AsterbpFee edgeXbpOrdersPrice spread, now +0.109%Rate

Funding earned: $201.7
Price spread: +0.109% → +0.042%: $6.69
Slippage, 4 orders: −$179.78
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $11.6
Costs to cover: 1.968%
Break-even: 6.6 days

Slippage from Aster: live order book, 4 min ago; edgeX: live order book, 7 min ago.

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 Aster live order book, 4 min ago	45.82 bp	56.7 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 7 min ago	1.36 bp	6.4 bp −$6	88.5 bp −$885	doesn't fit	doesn't fit

ARM on 24 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
Aster ARMUSDTlong	0.0000%	8h	329.99	long leg	$7K	$126K	20x
Bybit ARMUSDT	0.0000%	8h	330.23	+0.074%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	330.30	+0.095%	$1.7M	$6.6M	20x	as long as short
SunX ARM-USDT	0.0000%	8h	330.11	+0.037%	$881	$2.9M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	330.00	+0.004%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0026%	1h	330.16	+0.053%	$1.1M	$4.5M	10x	as long as short
BloFin ARM-USDT	+0.0029%	8h	330.66	+0.204%	$128K	$46K	20x	as long as short
Lighter ARM	+0.0032%	1h	330.06	+0.022%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	330.48	+0.150%	—	—	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0048%	1h	330.52	+0.162%	$90K	$287K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ARM-USD	+0.0050%	1h	330.28	+0.089%	$382K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	329.99	+0.001%	$207K	$534K	10x	as long as short
tradeXYZ xyz:ARM	+0.0091%	1h	330.30	+0.095%	$8.4M	$8.9M	10x	as long as short
GRVT ARM_USDT_Perp	+0.0142%	8h	330.42	+0.131%	$473	$187K	10x	as long as short
Phoenix ARM	+0.0197%	1h	330.62	+0.192%	$5K	$460K	10x	as long as short
Variational Omni ARM	+0.0205%	8h	330.08	+0.028%	$214K	$526K	—	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	333.61	+1.098%	$5K	$50K	12x	as long as short
Extended ARM-USD	+0.0352%	1h	330.20	+0.065%	$38K	$273K	10x	as long as short
Binance ARMUSDT	+0.0357%	8h	330.16	+0.053%	$8.9M	$50.4M	20x	as long as short
Gate ARM_USDT	+0.0435%	8h	330.69	+0.213%	$1.5M	$4.1M	50x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0538%	1h	330.35	+0.110%	$12K	$125K	10x	as long as short
KuCoin ARMUSDTM	+0.0839%	8h	330.71	+0.219%	$2.4M	$116K	20x	as long as short
Bitget ARMUSDT	+0.0901%	8h	330.42	+0.131%	$1.8M	$3.9M	20x	as long as short
edgeX ARMUSDCshort	+0.0960%	4h	330.35	+0.109%	$35K	$345K	10x