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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.054%
Price spread now: SunX against Coinbase International+0.237%7-day average +0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.283%−$28 on $10k
Price spread, last 3 days (all we have)−0.203%−$20 · spread now +0.237%, 7d avg +0.021%
Together, before fees−0.486%−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.216% dearer against Coinbase International than usual: you sell high and buy low (spread +0.237% now, against its 7-day average of +0.021%): +$22 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 45 days. At the pace of the last 7 days (−0.283% in total) that is about 5.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ARM-PERP-INTX325.140.0016pay 0.0002% / 1h36m 24s$88K$287K10x
ShortSunX ARM-USDT325.910get 0.0000% / 8h36m 24s$1K$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$3.36
Price spread: +0.237% → +0.021%
$21.58
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$0.22
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 42 min ago; SunX: live order book, 11 min ago. Net counts fees only.

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, 42 min ago7.41 bp13.2 bp −$1319.6 bp −$196doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago500.11 bpdoesn't fitdoesn'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
edgeX ARMUSDC−0.0937%4h326.03+0.272%$35K$350K10xas long as short
BloFin ARM-USDT−0.0017%8h326.54+0.431%$124K$45K20xas long as short
Aster ARMUSDT0.0000%8h326.07+0.285%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h326.64+0.461%$2.0M$2.5M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h326.57+0.440%$1.7M$6.8M20xas long as short
Bitget ARMUSDT0.0000%8h326.62+0.455%$1.8M$4.2M20xas long as short
SunX ARM-USDTshort0.0000%8h325.91+0.237%$1K$3.2M10x
HTX ARM-USDT0.0000%8h326.04+0.277%$18K$17K20xas long as short
Coinbase International ARM-PERP-INTXlong+0.0016%1h325.14long leg$88K$287K10x
Lighter ARM+0.0032%1h326.25+0.341%10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX ARM-USD+0.0033%1h326.48+0.412%$1.1M$4.7M10xas long as short
Vest ARM-USD-PERP+0.0046%1h326.51+0.421%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h326.40+0.388%$433K$1.8M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h326.01+0.268%$209K$554K10xas long as short
tradeXYZ xyz:ARM+0.0054%1h326.50+0.418%$8.0M$9.6M10xas long as short
Variational Omni ARM+0.0059%8h326.66+0.467%$213K$523Kas long as short
Gate ARM_USDT+0.0060%8h326.62+0.455%$1.5M$4.1M50xas long as short
Extended ARM-USD+0.0176%1h326.50+0.420%$39K$188K10xas long as short
Binance ARMUSDT+0.0179%8h326.56+0.437%$8.6M$51.1M20xas long as short
Injective ARM/USDC PERP+0.0220%1h329.31+1.283%$5K$52K12xas long as short
GRVT ARM_USDT_Perp+0.0230%8h325.91+0.237%$531$201K10xas long as short
Phoenix ARM+0.0271%1h326.13+0.304%$5K$460K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0486%1h326.55+0.434%$12K$145K10xas long as short
KuCoin ARMUSDTM+0.0543%8h326.41+0.391%$2.3M$119K20xas long as short