Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0565%/8h= −61.8% APRpaid last 24h —

Price spread now: Lighter against edgeX+0.220%7-day average — · you sell dearer than you buy

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

Long on edgeX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.220% dearer against edgeX than usual: you sell high and buy low (spread +0.220% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ARMUSDC	329.62	0.0597	pay 0.0298% / 4h	3h 47m	$35K	$352K	10x
Short	Lighter ARM	330.35	0.0032	get 0.0004% / 1h	47m 23s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee edgeXbpFee LighterbpOrdersPrice spread, now +0.220%Rate

Funding earned: −$118.54
Price spread: +0.220% → 0.000%: $22.02
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$105.52
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: edgeX: live order book, 26 min ago; Lighter: 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 edgeX live order book, 26 min ago	1.38 bp	6.4 bp −$6	95.2 bp −$952	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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 24 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
BloFin ARM-USDT	−0.0025%	8h	329.75	+0.038%	$125K	$45K	20x	as long as short
Aster ARMUSDT	0.0000%	8h	330.17	+0.166%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	330.42	+0.241%	$2.0M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	330.33	+0.214%	$1.7M	$6.7M	20x	as long as short
SunX ARM-USDT	0.0000%	8h	329.18	−0.135%	$1K	$3.1M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	329.03	−0.180%	$18K	$17K	20x	as long as short
QFEX ARM-USD	+0.0026%	1h	330.54	+0.278%	$1.1M	$4.7M	10x	as long as short
Lighter ARMshort	+0.0032%	1h	330.35	+0.220%	—	—	10x
Vest ARM-USD-PERP	+0.0046%	1h	330.40	+0.235%	—	—	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0048%	1h	325.94	−1.118%	$89K	$286K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix ARM	+0.0197%	1h	328.70	−0.280%	$5K	$460K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	329.18	−0.135%	$5K	$50K	12x	as long as short
Variational Omni ARM	+0.0242%	8h	328.75	−0.265%	$213K	$528K	—	as long as short
Bitget ARMUSDT	+0.0245%	8h	330.45	+0.251%	$1.8M	$4.0M	20x	as long as short
Gate ARM_USDT	+0.0251%	8h	330.77	+0.348%	$1.5M	$4.0M	50x	as long as short
GRVT ARM_USDT_Perp	+0.0326%	8h	329.79	+0.050%	$838	$196K	10x	as long as short
Extended ARM-USD	+0.0360%	1h	330.43	+0.245%	$36K	$212K	10x	as long as short
Binance ARMUSDT	+0.0362%	8h	330.62	+0.304%	$8.8M	$50.4M	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0417%	1h	330.17	+0.166%	$12K	$125K	10x	as long as short
Ondo Perps ARM-USD.P	+0.0506%	1h	329.83	+0.062%	$208K	$527K	10x	as long as short
edgeX ARMUSDClong	+0.0597%	4h	329.62	long leg	$35K	$352K	10x
KuCoin ARMUSDTM	+0.0754%	8h	330.53	+0.275%	$2.4M	$117K	20x	as long as short
Polymarket Perps ARM-USD	+0.0841%	1h	330.47	+0.257%	$383K	$1.3M	10x	as long as short
tradeXYZ xyz:ARM	+0.0922%	1h	330.42	+0.241%	$8.2M	$8.5M	10x	as long as short