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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.001%
Price spread now: Bybit against QFEX+0.059%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.045%+$5 on $10k
Price spread, last 7 days−0.061%−$6 · spread now +0.059%, 7d avg +0.063%
Together, before fees−0.015%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ARM-USD320.420.0021pay 0.0003% / 1h53m 29s$1.1M$3.5M10x
ShortBybit ARMUSDT320.610get 0.0000% / 8h1h 53m$1.9M$2.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against QFEX. 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
−$4.33
Price spread: +0.059% → +0.063%
−$0.34
Slippage, 4 orders
−$43.38
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$69.05
Costs to cover
0.644%
Break-even
never at this rate
Slippage from QFEX: live order book, 5 min ago; Bybit: live order book, 3 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 QFEX live order book, 5 min ago1.87 bp9.6 bp −$1014.2 bp −$142doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago5.77 bp25.2 bp −$2595.5 bp −$955doesn'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−0.0806%8h320.56+0.044%$1.8M$4.0M20xas long as short
edgeX ARMUSDC−0.0640%4h320.51+0.028%$34K$351K10xas long as short
Aster ARMUSDT0.0000%8h320.40−0.005%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h320.42+0.001%$38K$269K10xas long as short
Binance ARMUSDT0.0000%8h320.43+0.003%$8.2M$50.2M20xas long as short
Bybit ARMUSDTshort0.0000%8h320.61+0.059%$1.9M$2.1M25x
OKX ARM-USDT-SWAP0.0000%8h320.38−0.012%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h320.46+0.012%$1.4M$4.1M50xas long as short
Variational Omni ARM0.0000%8h320.55+0.040%$185K$290Kas long as short
GRVT ARM_USDT_Perp0.0000%8h320.53+0.035%$442$223K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h320.61+0.059%$1K$2.5M10xas long as short
HTX ARM-USDT0.0000%8h320.18−0.075%$18K$17K20xas long as short
BloFin ARM-USDT+0.0015%8h320.50+0.025%$121K$51K20xas long as short
QFEX ARM-USDlong+0.0021%1h320.42long leg$1.1M$3.5M10x
Lighter ARM+0.0032%1h320.20−0.069%10xas long as short
Vest ARM-USD-PERP+0.0046%1h320.56+0.044%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.38−0.012%$370K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h320.71+0.091%$183K$431K10xas long as short
KuCoin ARMUSDTM+0.0100%8h320.68+0.081%$2.3M$119K20xas long as short
Deribit ARM_USDC-PERPETUAL+0.0156%1h320.20−0.069%$12K$59K10xas long as short
tradeXYZ xyz:ARM+0.0159%1h320.57+0.047%$8.1M$8.7M10xas long as short
Phoenix ARM+0.0199%1h321.49+0.334%$5K$444K10xas long as short
Coinbase International ARM-PERP-INTX+0.0200%1h321.23+0.253%$100K$298K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.40+1.242%$5K$50K12xas long as short