Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.018%

Price spread now: Vest against Variational Omni−0.027%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.027% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 48 hours of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ARM	318.99	0	get 0.0000% / 8h	2h 25m	$184K	$297K	—
Short	Vest ARM-USD-PERP	318.90	0.0046	get 0.0006% / 1h	25m 25s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Variational Omni. 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 Variational OmnibpFee VestbpOrdersPrice spread, now −0.027%Rate

Funding earned: $9.59
Price spread: −0.027% → 0.000%: −$2.74
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $4.85
Costs to cover: 0.020%
Break-even: 3.5 days

Slippage unknown: Variational Omni: RFQ quote, 24 min ago; Vest: 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 Variational Omni RFQ quote, 24 min ago	6.24 bp	doesn't fit	61.4 bp −$614	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0840%	8h	318.94	−0.015%	$1.8M	$4.0M	20x	as long as short
Aster ARMUSDT	0.0000%	8h	318.90	−0.026%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	318.77	−0.069%	$38K	$272K	10x	as long as short
Binance ARMUSDT	0.0000%	8h	319.01	+0.006%	$8.2M	$50.6M	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	318.74	−0.078%	$1.9M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	318.77	−0.068%	$1.6M	$6.6M	20x	as long as short
Gate ARM_USDT	0.0000%	8h	319.02	+0.010%	$1.4M	$4.4M	50x	as long as short
Variational Omni ARMlong	0.0000%	8h	318.99	long leg	$184K	$297K	—
GRVT ARM_USDT_Perp	0.0000%	8h	319.89	+0.282%	$560	$218K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	318.79	−0.062%	$791	$2.5M	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ARM-USDT	0.0000%	8h	318.85	−0.043%	$18K	$17K	20x	as long as short
BloFin ARM-USDT	+0.0008%	8h	318.67	−0.099%	$121K	$50K	20x	as long as short
QFEX ARM-USD	+0.0011%	1h	318.76	−0.071%	$1.1M	$3.6M	10x	as long as short
Lighter ARM	+0.0032%	1h	318.49	−0.156%	—	—	10x	as long as short
Vest ARM-USD-PERPshort	+0.0046%	1h	318.90	−0.027%	—	—	10x
Polymarket Perps ARM-USD	+0.0050%	1h	318.79	−0.062%	$369K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	318.82	−0.052%	$184K	$425K	10x	as long as short
KuCoin ARMUSDTM	+0.0100%	8h	319.17	+0.057%	$2.3M	$119K	20x	as long as short
tradeXYZ xyz:ARM	+0.0149%	1h	318.90	−0.027%	$8.0M	$8.7M	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0176%	1h	320.61	+0.509%	$100K	$304K	10x	as long as short
Phoenix ARM	+0.0200%	1h	318.94	−0.015%	$5K	$446K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	324.54	+1.741%	$5K	$50K	12x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0566%	1h	318.89	−0.031%	$12K	$59K	10x	as long as short
edgeX ARMUSDC	+0.0953%	4h	318.97	−0.006%	$34K	$350K	10x	as long as short