Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.065%

Price spread now: tradeXYZ against Aster−0.109%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$178as in the Funding arb table

Net, price: spread back to 7d avg − costs−$216as in the Price arb table

costs, in and out, $10k−$2032.030% of the position

Long on Aster Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.246%+$25 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.109%, 7d avg +0.022%

Together, before fees+0.297%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.132% cheaper against Aster than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of +0.022%). If the spread goes back, that is −$13 on $10k: about 8.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.246% in total) that is about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARMUSDT	328.17	0	get 0.0000% / 8h	6h 37m	$7K	$126K	20x
Short	tradeXYZ xyz:ARM	327.81	0.0050	get 0.0006% / 1h	37m 37s	$8.3M	$9.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Aster. 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 AsterbpFee tradeXYZbpOrdersPrice spread, now −0.109%Rate

Funding earned: $10.5
Price spread: −0.109% → +0.022%: −$13.17
Slippage, 4 orders: −$176.99
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$205.66
Costs to cover: 2.030%
Break-even: 144.1 days

Slippage from Aster: live order book, 28 min ago; tradeXYZ: live order book, 10 min ago.

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 Aster live order book, 28 min ago	45.82 bp	56.7 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.15 bp	9.2 bp −$9	15.5 bp −$155	doesn't fit	doesn't fit

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
edgeX ARMUSDC	−0.0631%	4h	327.93	−0.073%	$35K	$345K	10x	as long as short
Coinbase International ARM-PERP-INTX	−0.0024%	1h	328.06	−0.033%	$99K	$289K	10x	as long as short
BloFin ARM-USDT	−0.0010%	8h	329.28	+0.339%	$128K	$46K	20x	as long as short
Aster ARMUSDTlong	0.0000%	8h	328.17	long leg	$7K	$126K	20x
Bybit ARMUSDT	0.0000%	8h	327.70	−0.143%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	327.78	−0.118%	$1.7M	$6.6M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	327.93	−0.072%	$551	$186K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	327.99	−0.054%	$1K	$2.9M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	327.66	−0.155%	$12K	$125K	10x	as long as short
HTX ARM-USDT	0.0000%	8h	328.39	+0.067%	$18K	$16K	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX ARM-USD	+0.0015%	1h	327.68	−0.149%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	327.70	−0.143%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	327.77	−0.122%	—	—	10x	as long as short
tradeXYZ xyz:ARMshort	+0.0050%	1h	327.81	−0.109%	$8.3M	$9.0M	10x
Polymarket Perps ARM-USD	+0.0050%	1h	327.52	−0.198%	$379K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	327.70	−0.143%	$201K	$526K	10x	as long as short
Phoenix ARM	+0.0121%	1h	328.58	+0.125%	$5K	$444K	10x	as long as short
Variational Omni ARM	+0.0176%	8h	328.32	+0.046%	$213K	$438K	—	as long as short
Gate ARM_USDT	+0.0203%	8h	327.97	−0.061%	$1.5M	$4.2M	50x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	333.76	+1.704%	$5K	$50K	12x	as long as short
Binance ARMUSDT	+0.0296%	8h	327.71	−0.139%	$8.7M	$50.6M	20x	as long as short
Extended ARM-USD	+0.0296%	1h	327.67	−0.152%	$36K	$278K	10x	as long as short
Bitget ARMUSDT	+0.0637%	8h	327.93	−0.073%	$1.8M	$3.8M	20x	as long as short
KuCoin ARMUSDTM	+0.0814%	8h	327.97	−0.061%	$2.4M	$121K	20x	as long as short