Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h −0.036%

Price spread now: HTX against Coinbase International+0.128%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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 +$1 a day on $10k at the current rate, and HTX is 0.128% dearer against Coinbase International than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ARM-PERP-INTX	328.15	−0.0024	get 0.0003% / 1h	13m 42s	$99K	$287K	10x
Short	HTX ARM-USDT	328.57	0	get 0.0000% / 8h	6h 13m	$18K	$16K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee HTXbpOrdersPrice spread, now +0.128%Rate

Funding earned: $5.04
Price spread: +0.128% → 0.000%: $12.8
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$4.16
Costs to cover: 0.220%
Break-even: 12.8 days

Slippage unknown: Coinbase International: live order book, 54 min ago; HTX: 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 Coinbase International live order book, 54 min ago	5.00 bp	10.0 bp −$10	16.7 bp −$167	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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 23 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
edgeX ARMUSDC	−0.0373%	4h	328.22	+0.022%	$35K	$346K	10x	as long as short
Coinbase International ARM-PERP-INTXlong	−0.0024%	1h	328.15	long leg	$99K	$287K	10x
Aster ARMUSDT	0.0000%	8h	328.05	−0.029%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	327.85	−0.091%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	327.65	−0.152%	$1.7M	$6.6M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	328.23	+0.024%	$853	$186K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.36	+0.064%	$1K	$2.8M	10x	as long as short
HTX ARM-USDTshort	0.0000%	8h	328.57	+0.128%	$18K	$16K	20x
QFEX ARM-USD	+0.0015%	1h	327.66	−0.149%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	327.68	−0.143%	—	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ARM-USD-PERP	+0.0046%	1h	327.89	−0.079%	—	—	10x	as long as short
tradeXYZ xyz:ARM	+0.0050%	1h	327.68	−0.143%	$8.3M	$8.9M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	327.67	−0.146%	$379K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	327.48	−0.204%	$201K	$398K	10x	as long as short
Phoenix ARM	+0.0121%	1h	328.39	+0.073%	$5K	$444K	10x	as long as short
Variational Omni ARM	+0.0121%	8h	328.01	−0.041%	$213K	$331K	—	as long as short
Gate ARM_USDT	+0.0149%	8h	328.23	+0.024%	$1.5M	$4.2M	50x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	332.02	+1.179%	$5K	$50K	12x	as long as short
Binance ARMUSDT	+0.0236%	8h	327.91	−0.072%	$8.6M	$50.4M	20x	as long as short
Extended ARM-USD	+0.0240%	1h	327.80	−0.106%	$36K	$273K	10x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0269%	1h	327.83	−0.098%	$12K	$125K	10x	as long as short
Bitget ARMUSDT	+0.0456%	8h	328.32	+0.052%	$1.8M	$3.8M	20x	as long as short
KuCoin ARMUSDTM	+0.0763%	8h	328.10	−0.015%	$2.4M	$120K	20x	as long as short