Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.111%

Price spread now: HTX against Deribit−0.140%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.140% cheaper against Deribit than usual: you would sell low and buy high, −$14 on $10k if it 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	Deribit ARM_USDC-PERPETUAL	328.43	0	get 0.0000% / 1h	51m 02s	$12K	$125K	10x
Short	HTX ARM-USDT	327.97	0	get 0.0000% / 8h	5h 51m	$18K	$16K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee DeribitbpFee HTXbpOrdersPrice spread, now −0.140%Rate

Funding earned: $0
Price spread: −0.140% → 0.000%: −$14.01
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$33.01
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 12 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 Deribit live order book, 12 min ago	4.74 bp	10.4 bp −$10	12.8 bp −$128	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
Coinbase International ARM-PERP-INTX	−0.0008%	1h	328.31	−0.037%	$101K	$291K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.51	+0.024%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	328.59	+0.049%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	328.67	+0.073%	$1.7M	$6.6M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	328.18	−0.076%	$331	$186K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.18	−0.076%	$955	$2.7M	10x	as long as short
Deribit ARM_USDC-PERPETUALlong	0.0000%	1h	328.43	long leg	$12K	$125K	10x
HTX ARM-USDTshort	0.0000%	8h	327.97	−0.140%	$18K	$16K	20x
QFEX ARM-USD	+0.0011%	1h	328.26	−0.052%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	328.36	−0.021%	—	—	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	328.43	0.000%	—	—	10x	as long as short
tradeXYZ xyz:ARM	+0.0050%	1h	328.29	−0.043%	$8.3M	$8.7M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	328.32	−0.033%	$380K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	328.32	−0.033%	$200K	$401K	10x	as long as short
Variational Omni ARM	+0.0069%	8h	328.27	−0.050%	$213K	$325K	—	as long as short
Phoenix ARM	+0.0122%	1h	328.14	−0.088%	$5K	$434K	10x	as long as short
Gate ARM_USDT	+0.0127%	8h	328.54	+0.033%	$1.4M	$4.2M	50x	as long as short
Binance ARMUSDT	+0.0183%	8h	328.49	+0.018%	$8.6M	$50.1M	20x	as long as short
Extended ARM-USD	+0.0184%	1h	328.40	−0.009%	$36K	$273K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	330.57	+0.652%	$5K	$50K	12x	as long as short
Bitget ARMUSDT	+0.0232%	8h	328.34	−0.027%	$1.8M	$3.8M	20x	as long as short
edgeX ARMUSDC	+0.0581%	4h	328.06	−0.114%	$35K	$346K	10x	as long as short
KuCoin ARMUSDTM	+0.0708%	8h	328.60	+0.052%	$2.4M	$119K	20x	as long as short