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+0.0110%/8h= +12.0% APRnext payment +$1.10 per $10,000 · paid last 24h +0.083%
Price spread now: KuCoin against Bybit+0.003%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$384as in the Price arb table
costs, in and out, $10k−$3873.865% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.252%+$25 on $10k
Price spread, last 7 days+0.100%+$10 · spread now +0.003%, 7d avg −0.019%
Together, before fees+0.353%+$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.022% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARMUSDT321.280get 0.0000% / 8h3h 04m$1.9M$2.2M25x
ShortKuCoin ARMUSDTM321.290.0110get 0.0110% / 8h3h 04m$2.3M$119K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$23.1
Price spread: +0.003% → −0.019%
$2.21
Slippage, 4 orders
−$363.5
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$361.19
Costs to cover
3.865%
Break-even
116.5 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 7 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 Bybit live order book, 2 min ago5.13 bp16.6 bp −$1779.9 bp −$799doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago5.76 bp187.8 bp −$188doesn'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−0.0460%8h321.32+0.012%$1.8M$3.9M20xas long as short
BloFin ARM-USDT−0.0016%8h320.89−0.121%$122K$50K20xas long as short
Aster ARMUSDT0.0000%8h321.45+0.053%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h321.10−0.056%$35K$257K10xas long as short
Binance ARMUSDT0.0000%8h321.36+0.026%$8.3M$50.8M20xas long as short
Bybit ARMUSDTlong0.0000%8h321.28long leg$1.9M$2.2M25x
OKX ARM-USDT-SWAP0.0000%8h321.30+0.006%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h321.46+0.056%$1.4M$4.4M50xas long as short
Variational Omni ARM0.0000%8h321.45+0.054%$191K$301Kas long as short
GRVT ARM_USDT_Perp0.0000%8h321.21−0.022%$723$215K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h321.00−0.087%$1K$2.6M10xas long as short
HTX ARM-USDT0.0000%8h321.23−0.016%$18K$16K20xas long as short
QFEX ARM-USD+0.0014%1h321.19−0.028%$1.1M$3.6M10xas long as short
Lighter ARM+0.0032%1h320.74−0.168%10xas long as short
Vest ARM-USD-PERP+0.0046%1h321.31+0.009%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h321.32+0.012%$372K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h321.56+0.087%$187K$426K10xas long as short
KuCoin ARMUSDTMshort+0.0110%8h321.29+0.003%$2.3M$119K20x
Phoenix ARM+0.0123%1h321.03−0.078%$5K$446K10xas long as short
Coinbase International ARM-PERP-INTX+0.0128%1h322.33+0.327%$100K$314K10xas long as short
tradeXYZ xyz:ARM+0.0136%1h321.49+0.065%$8.0M$8.6M10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.93+1.136%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0748%1h321.06−0.068%$12K$59K10xas long as short
edgeX ARMUSDC+0.0911%4h320.93−0.108%$34K$349K10xas long as short