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−0.0020%/8h= −2.2% APRnext payment $0.20 per $10,000 · paid last 24h +0.004%
Price spread now: Aster against BloFin+0.168%72s7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1521.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.168%, 7d avg −0.027%
Together, before fees−0.087%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.195% dearer against BloFin than usual: you sell high and buy low (spread +0.168% now, against its 7-day average of −0.027%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 32 days. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ARM-USDT323.120.0020pay 0.0020% / 8h3h 48m$126K$49K20x
ShortAster ARMUSDT323.660get 0.0000% / 8h3h 48m$7K$126K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$4.26
Price spread: +0.168% → −0.027%
$19.54
Slippage, 4 orders
−$132.23
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$136.94
Costs to cover
1.522%
Break-even
never at this rate
Slippage from BloFin: live order book, 41 min ago; Aster: 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 BloFin live order book, 41 min ago0.15 bp16.8 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 3 min ago31.49 bp76.3 bp −$76doesn'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
Aster ARMUSDTshort0.0000%8h323.66+0.168%$7K$126K20x
Extended ARM-USD0.0000%1h323.96+0.260%$40K$271K10xas long as short
Binance ARMUSDT0.0000%8h324.04+0.285%$8.4M$50.4M20xas long as short
Bybit ARMUSDT0.0000%8h324.02+0.279%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h324.13+0.313%$1.6M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h323.76+0.198%$1.8M$3.9M20xas long as short
Variational Omni ARM0.0000%8h324.13+0.314%$211K$295Kas long as short
GRVT ARM_USDT_Perp0.0000%8h324.88+0.543%$575$207K10xas long as short
SunX ARM-USDT0.0000%8h323.67+0.170%$1K$2.7M10xas long as short
HTX ARM-USDT0.0000%8h323.39+0.084%$18K$16K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ARM_USDT+0.0007%8h323.75+0.195%$1.5M$4.3M50xas long as short
QFEX ARM-USD+0.0014%1h323.24+0.037%$1.1M$3.8M10xas long as short
BloFin ARM-USDTlong+0.0020%8h323.12long leg$126K$49K20x
Lighter ARM+0.0032%1h323.24+0.037%10xas long as short
Vest ARM-USD-PERP+0.0046%1h323.48+0.111%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h323.38+0.080%$374K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h323.10−0.006%$190K$412K10xas long as short
tradeXYZ xyz:ARM+0.0053%1h323.67+0.170%$8.1M$8.8M10xas long as short
Phoenix ARM+0.0123%1h323.45+0.102%$5K$446K10xas long as short
edgeX ARMUSDC+0.0123%4h324.88+0.546%$34K$349K10xas long as short
Coinbase International ARM-PERP-INTX+0.0128%1h324.44+0.409%$95K$306K10xas long as short
Injective ARM/USDC PERP+0.0220%1h330.24+2.204%$5K$50K12xas long as short
KuCoin ARMUSDTM+0.0234%8h323.39+0.084%$2.3M$119K20xas long as short
Deribit ARM_USDC-PERPETUAL+0.1081%1h323.45+0.102%$12K$59K10xas long as short