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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.6% APRnext payment $0.11 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against Coinbase International−0.104%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$490.495% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.192%−$19 on $10k
Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.104%, 7d avg +0.016%
Together, before fees+0.117%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.120% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ARM-PERP-INTX326.960.0088pay 0.0011% / 1h12m 26s$98K$303K10x
ShortExtended ARM-USD326.620get 0.0000% / 1h12m 26s$36K$270K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. 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
−$18.48
Price spread: −0.104% → +0.016%
−$12.03
Slippage, 4 orders
−$34.47
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$79.98
Costs to cover
0.495%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 46 min ago; Extended: live order book, 45 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 Coinbase International live order book, 46 min ago4.72 bp10.0 bp −$1018.3 bp −$183doesn't fitdoesn't fit
Sell Extended live order book, 45 min ago2.44 bp13.9 bp −$14122.6 bp −$1,226doesn'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
BloFin ARM-USDT−0.0025%8h326.37−0.180%$127K$50K20xas long as short
Aster ARMUSDT0.0000%8h326.63−0.102%$7K$126K20xas long as short
Extended ARM-USDshort0.0000%1h326.62−0.104%$36K$270K10x
Binance ARMUSDT0.0000%8h326.75−0.064%$8.6M$50.1M20xas long as short
Bybit ARMUSDT0.0000%8h326.66−0.092%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h326.60−0.110%$1.7M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h326.77−0.058%$1.8M$3.9M20xas long as short
Variational Omni ARM0.0000%8h326.77−0.059%$212K$302Kas long as short
GRVT ARM_USDT_Perp0.0000%8h326.52−0.134%$359$201K10xas long as short
SunX ARM-USDT0.0000%8h326.53−0.132%$1K$2.7M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h326.84−0.037%$18K$16K20xas long as short
QFEX ARM-USD+0.0025%1h326.63−0.101%$1.1M$3.8M10xas long as short
Lighter ARM+0.0032%1h326.60−0.110%10xas long as short
Vest ARM-USD-PERP+0.0046%1h326.72−0.073%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h326.59−0.113%$8.2M$8.8M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h326.58−0.116%$378K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h326.48−0.147%$196K$414K10xas long as short
Gate ARM_USDT+0.0067%8h326.81−0.046%$1.5M$4.3M50xas long as short
Coinbase International ARM-PERP-INTXlong+0.0088%1h326.96long leg$98K$303K10x
Deribit ARM_USDC-PERPETUAL+0.0148%1h326.72−0.073%$12K$59K10xas long as short
Phoenix ARM+0.0195%1h326.49−0.144%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h330.01+0.933%$5K$50K12xas long as short
KuCoin ARMUSDTM+0.0336%8h326.69−0.083%$2.3M$119K20xas long as short
edgeX ARMUSDC+0.0532%4h326.45−0.155%$35K$350K10xas long as short