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−0.0751%/8h= −82.2% APRpaid last 24h −0.047%
Price spread now: Gate against edgeX+0.856%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs+$37as in the Price arb table
costs, in and out, $10k−$470.472% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 3 days (all we have)−0.820%−$82 · spread now +0.856%, 7d avg +0.015%
Together, before fees−0.846%+ Points / potential airdropedgeX: Active · farm board−$85 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.841% dearer against edgeX than usual: you sell high and buy low (spread +0.856% now, against its 7-day average of +0.015%): +$84 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−0.026% in total) that is about 7 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.4% 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 ARMUSDC327.140.0990pay 0.0495% / 4h3h 49m$35K$352K10x
ShortGate ARM_USDT329.940.0239get 0.0239% / 8h7h 49m$1.5M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$157.63
Price spread: +0.856% → +0.015%
$84.11
Slippage, 4 orders
−$23.2
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$120.72
Costs to cover
0.472%
Break-even
from the start
Slippage from edgeX: live order book, 24 min ago; Gate: live order book, 4 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, 24 min ago1.38 bp6.4 bp −$695.2 bp −$952doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago4.43 bp16.3 bp −$1648.4 bp −$48479.4 bp −$7,941doesn'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
BloFin ARM-USDT−0.0025%8h329.75+0.798%$125K$45K20xas long as short
Aster ARMUSDT0.0000%8h329.75+0.799%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h329.72+0.789%$2.0M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h329.54+0.734%$1.7M$6.7M20xas long as short
SunX ARM-USDT0.0000%8h328.43+0.395%$1K$3.1M10xas long as short
HTX ARM-USDT0.0000%8h329.03+0.578%$18K$17K20xas long as short
QFEX ARM-USD+0.0026%1h329.58+0.746%$1.1M$4.7M10xas long as short
Lighter ARM+0.0032%1h329.72+0.789%10xas long as short
Vest ARM-USD-PERP+0.0046%1h329.67+0.774%10xas long as short
Coinbase International ARM-PERP-INTX+0.0048%1h325.94−0.366%$89K$286K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARM_USDC-PERPETUAL+0.0114%1h329.99+0.872%$12K$125K10xas long as short
Bitget ARMUSDT+0.0163%8h329.91+0.847%$1.8M$4.0M20xas long as short
GRVT ARM_USDT_Perp+0.0172%8h327.04−0.031%$831$196K10xas long as short
Phoenix ARM+0.0197%1h328.70+0.477%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h329.18+0.624%$5K$50K12xas long as short
Gate ARM_USDTshort+0.0239%8h329.94+0.856%$1.5M$4.0M50x
Variational Omni ARM+0.0242%8h328.75+0.492%$213K$528Kas long as short
Extended ARM-USD+0.0360%1h329.88+0.839%$37K$205K10xas long as short
Binance ARMUSDT+0.0362%8h329.70+0.782%$8.8M$50.4M20xas long as short
Ondo Perps ARM-USD.P+0.0635%1h328.70+0.477%$208K$521K10xas long as short
KuCoin ARMUSDTM+0.0752%8h329.97+0.866%$2.4M$117K20xas long as short
edgeX ARMUSDClong+0.0990%4h327.14long leg$35K$352K10x
Polymarket Perps ARM-USD+0.1022%1h329.88+0.838%$387K$1.3M10xas long as short
tradeXYZ xyz:ARM+0.1115%1h329.86+0.832%$8.2M$8.5M10xas long as short