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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.1070%/8h= +117.1% APRpaid last 24h −0.014%
Price spread now: Extended against edgeX−0.292%73s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.413% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)+0.372%+$37 · spread now −0.292%, 7d avg −0.009%
Together, before fees+0.331%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.283% cheaper against edgeX than usual: you would sell low and buy high (spread −0.292% now, against its 7-day average of −0.009%). If the spread goes back, that is −$28 on $10k: about 21 hours of funding at the current rate (+$32 a day). The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.041% in total (about -2.1% 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
LongedgeX ARMUSDC328.66−0.0774get 0.0387% / 4h2h 38m$35K$344K10x
ShortExtended ARM-USD327.700.0296get 0.0037% / 1h38m 07s$36K$278K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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
$224.66
Price spread: −0.292% → −0.009%
−$28.26
Slippage, 4 orders
−$27.31
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$155.1
Costs to cover
0.413%
Break-even
2.2 days
Slippage from edgeX: live order book, 30 min ago; Extended: live order book, 29 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 edgeX live order book, 30 min ago1.36 bp6.4 bp −$691.5 bp −$915doesn't fitdoesn't fit
Sell Extended live order book, 29 min ago3.03 bp14.2 bp −$1491.8 bp −$918doesn'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 ARMUSDClong−0.0774%4h328.66long leg$35K$344K10x
Coinbase International ARM-PERP-INTX−0.0024%1h328.06−0.184%$99K$289K10xas long as short
BloFin ARM-USDT−0.0010%8h329.28+0.188%$128K$46K20xas long as short
Aster ARMUSDT0.0000%8h328.07−0.181%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h327.89−0.235%$2.0M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h327.80−0.263%$1.7M$6.6M20xas long as short
GRVT ARM_USDT_Perp0.0000%8h328.44−0.067%$650$186K10xas long as short
SunX ARM-USDT0.0000%8h327.99−0.205%$1K$2.9M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h327.66−0.305%$12K$125K10xas long as short
HTX ARM-USDT0.0000%8h328.39−0.083%$18K$16K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX ARM-USD+0.0015%1h327.82−0.257%$1.1M$4.4M10xas long as short
Lighter ARM+0.0032%1h327.60−0.324%10xas long as short
Vest ARM-USD-PERP+0.0046%1h328.07−0.181%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h327.76−0.275%$8.3M$9.0M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h327.80−0.263%$380K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h327.70−0.293%$201K$535K10xas long as short
Phoenix ARM+0.0121%1h328.58−0.025%$5K$444K10xas long as short
Variational Omni ARM+0.0176%8h328.32−0.105%$213K$438Kas long as short
Injective ARM/USDC PERP+0.0220%1h333.76+1.551%$5K$50K12xas long as short
Gate ARM_USDT+0.0221%8h328.01−0.199%$1.5M$4.2M50xas long as short
Extended ARM-USDshort+0.0296%1h327.70−0.292%$36K$278K10x
Binance ARMUSDT+0.0297%8h327.82−0.255%$8.7M$50.6M20xas long as short
Bitget ARMUSDT+0.0656%8h327.93−0.223%$1.8M$3.8M20xas long as short
KuCoin ARMUSDTM+0.0815%8h328.00−0.202%$2.4M$121K20xas long as short