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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1071%/8h= −117.3% APRpaid last 24h −0.200%
Price spread now: edgeX against Deribit−0.015%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.382% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.217%−$22 on $10k
Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.015%, 7d avg −0.007%
Together, before fees−0.075%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$32 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.217% in total (about -20.8% 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
LongDeribit ARM_USDC-PERPETUAL327.410.0514pay 0.0064% / 1h37m 32s$12K$125K10x
ShortedgeX ARMUSDC327.36−0.0557pay 0.0278% / 4h37m 32s$35K$347K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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
−$224.88
Price spread: −0.015% → −0.007%
−$0.78
Slippage, 4 orders
−$22.2
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$263.86
Costs to cover
0.382%
Break-even
never at this rate
Slippage from Deribit: live order book, 21 min ago; edgeX: live order book, 21 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 Deribit live order book, 21 min ago0.15 bp11.8 bp −$1213.2 bp −$132doesn't fitdoesn't fit
Sell edgeX live order book, 21 min ago0.91 bp6.1 bp −$692.2 bp −$922doesn'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 ARMUSDCshort−0.0557%4h327.36−0.015%$35K$347K10x
Aster ARMUSDT0.0000%8h327.38−0.009%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h327.49+0.024%$2.0M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h327.16−0.076%$1.7M$6.7M20xas long as short
Variational Omni ARM0.0000%8h327.44+0.009%$212K$308Kas long as short
GRVT ARM_USDT_Perp0.0000%8h327.54+0.040%$675$196K10xas long as short
SunX ARM-USDT0.0000%8h327.53+0.037%$1K$2.7M10xas long as short
HTX ARM-USDT0.0000%8h327.05−0.110%$18K$16K20xas long as short
BloFin ARM-USDT+0.0009%8h327.43+0.006%$127K$49K20xas long as short
QFEX ARM-USD+0.0025%1h327.43+0.006%$1.1M$4.0M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARM+0.0032%1h327.06−0.107%10xas long as short
Extended ARM-USD+0.0032%1h327.36−0.014%$39K$271K10xas long as short
Binance ARMUSDT+0.0032%8h327.45+0.011%$8.6M$50.0M20xas long as short
Vest ARM-USD-PERP+0.0046%1h327.64+0.070%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h327.43+0.006%$8.3M$8.8M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h327.33−0.024%$379K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h327.48+0.021%$202K$405K10xas long as short
Bitget ARMUSDT+0.0075%8h327.410.000%$1.8M$3.9M20xas long as short
Coinbase International ARM-PERP-INTX+0.0088%1h327.37−0.012%$98K$301K10xas long as short
Gate ARM_USDT+0.0113%8h327.56+0.046%$1.5M$4.3M50xas long as short
Phoenix ARM+0.0195%1h327.36−0.015%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h332.08+1.426%$5K$50K12xas long as short
KuCoin ARMUSDTM+0.0449%8h327.51+0.031%$2.3M$119K20xas long as short
Deribit ARM_USDC-PERPETUALlong+0.0514%1h327.41long leg$12K$125K10x