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+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against OKX−0.018%63s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$600.599% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.384%−$38 · spread now −0.018%, 7d avg −0.017%
Together, before fees−0.397%−$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ARM-USDT-SWAP328.530get 0.0000% / 8h5h 46m$1.7M$6.6M20x
ShortBloFin ARM-USDT328.470.0015get 0.0015% / 8h5h 46m$47K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$3.06
Price spread: −0.018% → −0.017%
−$0.11
Slippage, 4 orders
−$37.89
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$56.94
Costs to cover
0.599%
Break-even
137.1 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 64 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 OKX live order book, 2 min ago2.13 bp10.5 bp −$1039.9 bp −$399doesn't fitdoesn't fit
Sell BloFin live order book, 64 min ago0.91 bp15.5 bp −$16doesn'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
Coinbase International ARM-PERP-INTX−0.0008%1h328.31−0.067%$101K$291K10xas long as short
Aster ARMUSDT0.0000%8h328.39−0.043%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h328.36−0.052%$2.0M$2.2M25xas long as short
OKX ARM-USDT-SWAPlong0.0000%8h328.53long leg$1.7M$6.6M20x
GRVT ARM_USDT_Perp0.0000%8h328.38−0.045%$332$186K10xas long as short
SunX ARM-USDT0.0000%8h328.38−0.046%$956$2.7M10xas long as short
HTX ARM-USDT0.0000%8h327.98−0.167%$18K$16K20xas long as short
QFEX ARM-USD+0.0011%1h328.36−0.052%$1.1M$4.3M10xas long as short
BloFin ARM-USDTshort+0.0015%8h328.47−0.018%$47K20x
edgeX ARMUSDC+0.0018%4h328.32−0.064%$35K$346K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARM+0.0032%1h328.29−0.073%10xas long as short
Vest ARM-USD-PERP+0.0046%1h328.44−0.027%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h328.36−0.052%$8.3M$8.7M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h328.37−0.049%$380K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h328.40−0.040%$202K$405K10xas long as short
Variational Omni ARM+0.0069%8h328.27−0.080%$213K$325Kas long as short
Gate ARM_USDT+0.0116%8h328.65+0.037%$1.4M$4.2M50xas long as short
Phoenix ARM+0.0122%1h328.45−0.024%$5K$434K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0146%1h328.48−0.015%$12K$125K10xas long as short
Extended ARM-USD+0.0168%1h328.40−0.041%$36K$273K10xas long as short
Binance ARMUSDT+0.0172%8h328.47−0.018%$8.6M$50.1M20xas long as short
Injective ARM/USDC PERP+0.0220%1h330.57+0.621%$5K$50K12xas long as short
Bitget ARMUSDT+0.0241%8h328.46−0.021%$1.8M$3.8M20xas long as short
KuCoin ARMUSDTM+0.0696%8h328.530.000%$2.4M$119K20xas long as short