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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1174%/8h= +128.5% APRpaid last 24h −0.052%
Price spread now: edgeX against Bitget−0.316%7-day average −0.020% · 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−$77as in the Price arb table
costs, in and out, $10k−$470.473% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.185%−$19 on $10k
Price spread, last 4 days (all we have)+0.294%+$29 · spread now −0.316%, 7d avg −0.020%
Together, before fees+0.109%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.296% cheaper against Bitget than usual: you would sell low and buy high (spread −0.316% now, against its 7-day average of −0.020%). If the spread goes back, that is −$30 on $10k: about 20 hours of funding at the current rate (+$35 a day). Mind the row above: over the last 7 days funding on this pair cost −0.185%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARMUSDT320.55−0.0903get 0.0903% / 8h1h 22m$1.7M$4.0M20x
ShortedgeX ARMUSDC319.540.0271get 0.0135% / 4h1h 22m$34K$351K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$246.46
Price spread: −0.316% → −0.020%
−$29.61
Slippage, 4 orders
−$26.28
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$169.57
Costs to cover
0.473%
Break-even
2.2 days
Slippage from Bitget: live order book, 5 min ago; edgeX: live order book, 20 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 Bitget live order book, 5 min ago4.38 bp19.7 bp −$2035.3 bp −$353104.1 bp −$10.4Kdoesn't fit
Sell edgeX live order book, 20 min ago1.56 bp6.4 bp −$69.9 bp −$99doesn'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 ARMUSDTlong−0.0903%8h320.55long leg$1.7M$4.0M20x
BloFin ARM-USDT−0.0004%8h320.15−0.125%$122K$51K20xas long as short
Aster ARMUSDT0.0000%8h320.28−0.085%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h320.42−0.040%$36K$267K10xas long as short
Binance ARMUSDT0.0000%8h320.48−0.022%$8.3M$50.4M20xas long as short
Bybit ARMUSDT0.0000%8h320.48−0.022%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.40−0.047%$1.6M$6.6M20xas long as short
Gate ARM_USDT0.0000%8h320.52−0.009%$1.4M$4.2M50xas long as short
Variational Omni ARM0.0000%8h319.82−0.228%$184K$282Kas long as short
GRVT ARM_USDT_Perp0.0000%8h319.72−0.257%$249$229K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h319.87−0.212%$1K$2.5M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h320.45−0.031%$12K$59K10xas long as short
HTX ARM-USDT0.0000%8h320.09−0.144%$18K$16K20xas long as short
QFEX ARM-USD+0.0021%1h320.30−0.078%$1.1M$3.5M10xas long as short
Lighter ARM+0.0032%1h320.38−0.053%10xas long as short
Vest ARM-USD-PERP+0.0046%1h320.36−0.059%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.26−0.090%$370K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h319.11−0.449%$184K$432K10xas long as short
KuCoin ARMUSDTM+0.0100%8h320.36−0.059%$2.3M$119K20xas long as short
tradeXYZ xyz:ARM+0.0171%1h320.60+0.016%$8.2M$8.7M10xas long as short
Phoenix ARM+0.0199%1h320.06−0.153%$5K$444K10xas long as short
Coinbase International ARM-PERP-INTX+0.0200%1h320.05−0.156%$99K$297K10xas long as short
Injective ARM/USDC PERP+0.0220%1h323.41+0.892%$5K$50K12xas long as short
edgeX ARMUSDCshort+0.0271%4h319.54−0.316%$34K$351K10x