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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0626%/8h= +68.6% APRpaid last 24h −0.101%
Price spread now: edgeX against KuCoin−0.158%83s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$374as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3503.499% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.245%−$24 on $10k
Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.158%, 7d avg −0.004%
Together, before fees−0.213%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.153% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.158% now, against its 7-day average of −0.004%). If the spread goes back, that is −$15 on $10k: about 20 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.245%, so the current rate has only just turned in your favour. The two prices were read 83 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 -0.245% in total (about -12.8% 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
LongKuCoin ARMUSDTM321.920.0100pay 0.0100% / 8h3m 59s$2.3M$122K20x
ShortedgeX ARMUSDC321.410.0726get 0.0363% / 4h3m 59s$36K$356K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
$131.49
Price spread: −0.158% → −0.004%
−$15.33
Slippage, 4 orders
−$328.89
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$233.73
Costs to cover
3.499%
Break-even
19.4 days
Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 34 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 KuCoin live order book, 3 min ago5.75 bp129.8 bp −$130doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 34 min ago1.55 bp6.8 bp −$7doesn't fitdoesn'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
Bitget ARMUSDT−0.0444%8h321.50−0.130%$1.7M$3.9M20xas long as short
BloFin ARM-USDT−0.0025%8h321.46−0.143%$123K$52K20xas long as short
Aster ARMUSDT0.0000%8h321.68−0.074%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h321.67−0.078%$36K$312K10xas long as short
Binance ARMUSDT0.0000%8h321.74−0.055%$8.3M$49.9M20xas long as short
Bybit ARMUSDT0.0000%8h321.67−0.078%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h321.61−0.096%$1.6M$6.5M20xas long as short
Gate ARM_USDT0.0000%8h321.82−0.031%$1.4M$4.2M50xas long as short
Variational Omni ARM0.0000%8h321.60−0.100%$187K$252Kas long as short
GRVT ARM_USDT_Perp0.0000%8h321.49−0.134%$347$236K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h321.72−0.062%$1K$2.4M10xas long as short
HTX ARM-USDT0.0000%8h321.43−0.152%$18K$14K20xas long as short
QFEX ARM-USD+0.0025%1h321.57−0.109%$1.1M$3.4M10xas long as short
Lighter ARM+0.0032%1h321.47−0.140%10xas long as short
Vest ARM-USD-PERP+0.0046%1h321.62−0.093%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h321.66−0.081%$372K$1.2M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h321.29−0.196%$185K$440K10xas long as short
KuCoin ARMUSDTMlong+0.0100%8h321.92long leg$2.3M$122K20x
Coinbase International ARM-PERP-INTX+0.0160%1h320.83−0.339%$98K$289K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0185%1h321.77−0.047%$12K$59K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.70+0.864%$5K$49K12xas long as short
Phoenix ARM+0.0224%1h321.71−0.065%$5K$444K10xas long as short
tradeXYZ xyz:ARM+0.0238%1h321.80−0.037%$8.2M$8.6M10xas long as short
edgeX ARMUSDCshort+0.0726%4h321.41−0.158%$36K$356K10x