Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0524%/8h= +57.4% APRpaid last 24h +0.056%

Price spread now: KuCoin against Extended+0.079%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$206as in the Funding arb table

Net, price: spread back to 7d avg − costs−$224as in the Price arb table

costs, in and out, $10k−$2312.306% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.242%+$24 on $10k

Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.079%, 7d avg +0.011%

Together, before fees+0.108%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.068% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.011%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.242% in total (about 12.6% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ARM-USD	328.40	0.0184	pay 0.0023% / 1h	50m 51s	$36K	$273K	10x
Short	KuCoin ARMUSDTM	328.66	0.0708	get 0.0708% / 8h	5h 50m	$2.4M	$119K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.079%Rate

Funding earned: $110.04
Price spread: +0.079% → +0.011%: $6.77
Slippage, 4 orders: −$213.56
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$113.75
Costs to cover: 2.306%
Break-even: 14.2 days

Slippage from Extended: live order book, 11 min ago; KuCoin: live order book, 6 min ago.

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 Extended live order book, 11 min ago	2.45 bp	14.4 bp −$14	128.7 bp −$1,287	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	6.70 bp	131.4 bp −$131	doesn't fit	doesn't fit	doesn't fit

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	−0.028%	$101K	$291K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.47	+0.022%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	328.75	+0.106%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	328.85	+0.137%	$1.7M	$6.6M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	328.18	−0.067%	$331	$186K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.18	−0.067%	$955	$2.7M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	328.43	+0.009%	$12K	$125K	10x	as long as short
HTX ARM-USDT	0.0000%	8h	327.97	−0.131%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0011%	1h	328.26	−0.043%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	328.36	−0.013%	—	—	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	+0.009%	—	—	10x	as long as short
tradeXYZ xyz:ARM	+0.0050%	1h	328.65	+0.076%	$8.3M	$8.7M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	328.32	−0.025%	$380K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	328.32	−0.025%	$200K	$401K	10x	as long as short
Variational Omni ARM	+0.0069%	8h	328.27	−0.041%	$213K	$325K	—	as long as short
Phoenix ARM	+0.0122%	1h	328.14	−0.080%	$5K	$434K	10x	as long as short
Gate ARM_USDT	+0.0127%	8h	328.86	+0.140%	$1.4M	$4.2M	50x	as long as short
Binance ARMUSDT	+0.0183%	8h	328.82	+0.127%	$8.7M	$50.2M	20x	as long as short
Extended ARM-USDlong	+0.0184%	1h	328.40	long leg	$36K	$273K	10x
Injective ARM/USDC PERP	+0.0220%	1h	330.57	+0.660%	$5K	$50K	12x	as long as short
Bitget ARMUSDT	+0.0232%	8h	328.50	+0.030%	$1.8M	$3.8M	20x	as long as short
edgeX ARMUSDC	+0.0581%	4h	328.06	−0.105%	$35K	$346K	10x	as long as short
KuCoin ARMUSDTMshort	+0.0708%	8h	328.66	+0.079%	$2.4M	$119K	20x