Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0184%/8h= +20.2% APRpaid last 24h +0.010%

Price spread now: Injective against Binance+1.425%57s7-day average — · you sell dearer than you buy

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

Long on Binance Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.226%+$23 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Injective is 1.425% dearer against Binance than usual: you sell high and buy low: +$142 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ARMUSDT	327.41	0.0036	pay 0.0036% / 8h	4h 38m	$8.6M	$50.0M	20x
Short	Injective ARM/USDC PERP	332.08	0.0220	get 0.0028% / 1h	38m 22s	$5K	$50K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Binance. 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 BinancebpFee InjectivebpOrdersPrice spread, now +1.425%Rate

Funding earned: $38.68
Price spread: +1.425% → 0.000%: $142.48
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $171.15
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Binance: live order book, 4 min ago; Injective: 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 Binance live order book, 4 min ago	0.76 bp	10.4 bp −$10	30.2 bp −$302	104.2 bp −$10.4K	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 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 ARMUSDT	0.0000%	8h	327.24	−0.055%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	327.40	−0.005%	$2.0M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	327.16	−0.078%	$1.7M	$6.7M	20x	as long as short
Variational Omni ARM	0.0000%	8h	327.44	+0.008%	$212K	$308K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	327.54	+0.038%	$675	$196K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	327.53	+0.035%	$1K	$2.7M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	327.05	−0.111%	$18K	$16K	20x	as long as short
BloFin ARM-USDT	+0.0009%	8h	327.43	+0.005%	$127K	$49K	20x	as long as short
QFEX ARM-USD	+0.0025%	1h	327.38	−0.011%	$1.1M	$4.0M	10x	as long as short
Lighter ARM	+0.0032%	1h	327.12	−0.090%	—	—	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ARM-USD	+0.0032%	1h	327.38	−0.009%	$39K	$271K	10x	as long as short
Binance ARMUSDTlong	+0.0036%	8h	327.41	long leg	$8.6M	$50.0M	20x
Vest ARM-USD-PERP	+0.0046%	1h	327.64	+0.069%	—	—	10x	as long as short
tradeXYZ xyz:ARM	+0.0050%	1h	327.39	−0.008%	$8.3M	$8.8M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	327.38	−0.011%	$379K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	327.48	+0.020%	$202K	$405K	10x	as long as short
Bitget ARMUSDT	+0.0085%	8h	327.51	+0.029%	$1.8M	$3.9M	20x	as long as short
Coinbase International ARM-PERP-INTX	+0.0088%	1h	327.37	−0.014%	$98K	$301K	10x	as long as short
Gate ARM_USDT	+0.0114%	8h	327.59	+0.053%	$1.5M	$4.3M	50x	as long as short
edgeX ARMUSDC	+0.0177%	4h	327.86	+0.135%	$35K	$346K	10x	as long as short
Phoenix ARM	+0.0195%	1h	327.62	+0.063%	$5K	$444K	10x	as long as short
Injective ARM/USDC PERPshort	+0.0220%	1h	332.08	+1.425%	$5K	$50K	12x
KuCoin ARMUSDTM	+0.0454%	8h	327.46	+0.014%	$2.3M	$119K	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0514%	1h	327.41	−0.001%	$12K	$125K	10x	as long as short