Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h —

Price spread now: Lighter against Extended−0.092%7-day average — · you buy dearer than you sell

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

Long on Extended 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 airdropExtended: Active · Lighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.092% cheaper against Extended than usual: you would sell low and buy high (spread −0.092% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 9.6 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ARM-USD	320.35	0	get 0.0000% / 1h	51m 04s	$38K	$269K	10x
Short	Lighter ARM	320.06	0.0032	get 0.0004% / 1h	51m 04s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.092%Rate

Funding earned: $6.72
Price spread: −0.092% → 0.000%: −$9.17
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$7.45
Costs to cover: 0.050%
Break-even: 14.8 days

Slippage unknown: Extended: live order book, 56 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 Extended live order book, 56 min ago	2.17 bp	13.7 bp −$14	124.1 bp −$1,241	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
Bitget ARMUSDT	−0.0809%	8h	320.61	+0.080%	$1.8M	$4.0M	20x	as long as short
BloFin ARM-USDT	−0.0010%	8h	320.08	−0.085%	$122K	$51K	20x	as long as short
Aster ARMUSDT	0.0000%	8h	320.23	−0.038%	$7K	$126K	20x	as long as short
Extended ARM-USDlong	0.0000%	1h	320.35	long leg	$38K	$269K	10x
Binance ARMUSDT	0.0000%	8h	320.37	+0.006%	$8.2M	$50.2M	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	320.38	+0.008%	$1.9M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	320.38	+0.008%	$1.6M	$6.7M	20x	as long as short
Gate ARM_USDT	0.0000%	8h	320.42	+0.021%	$1.4M	$4.1M	50x	as long as short
Variational Omni ARM	0.0000%	8h	320.55	+0.061%	$185K	$290K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	320.55	+0.061%	$250	$224K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ARM-USDT	0.0000%	8h	320.27	−0.026%	$916	$2.5M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	320.09	−0.082%	$18K	$17K	20x	as long as short
QFEX ARM-USD	+0.0021%	1h	320.18	−0.054%	$1.1M	$3.5M	10x	as long as short
Lighter ARMshort	+0.0032%	1h	320.06	−0.092%	—	—	10x
Vest ARM-USD-PERP	+0.0046%	1h	320.34	−0.004%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	320.18	−0.054%	$370K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	320.27	−0.026%	$183K	$432K	10x	as long as short
KuCoin ARMUSDTM	+0.0100%	8h	320.46	+0.033%	$2.3M	$119K	20x	as long as short
tradeXYZ xyz:ARM	+0.0175%	1h	320.34	−0.004%	$8.1M	$8.7M	10x	as long as short
Phoenix ARM	+0.0199%	1h	320.51	+0.049%	$5K	$444K	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0200%	1h	321.23	+0.274%	$100K	$296K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	324.40	+1.263%	$5K	$50K	12x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0500%	1h	320.34	−0.004%	$12K	$59K	10x	as long as short
edgeX ARMUSDC	+0.0871%	4h	320.51	+0.048%	$34K	$351K	10x	as long as short