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+0.0309%/8h= +33.8% APRnext payment +$3.09 per $10,000 · paid last 24h +0.099%
Price spread now: KuCoin against BloFin+0.089%65s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3163.164% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.270%+$27 on $10k
Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.089%, 7d avg +0.020%
Together, before fees+0.384%+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.068% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.020%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ARM-USDT326.560.0018pay 0.0018% / 8h4h 10m$127K$49K20x
ShortKuCoin ARMUSDTM326.850.0327get 0.0327% / 8h4h 10m$2.3M$119K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$64.88
Price spread: +0.089% → +0.020%
$6.84
Slippage, 4 orders
−$292.38
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$244.65
Costs to cover
3.164%
Break-even
33.4 days
Slippage from BloFin: live order book, 19 min ago; KuCoin: live order book, 6 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, 19 min ago0.15 bp16.8 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago7.50 bp91.4 bp −$91doesn'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 ARMUSDT0.0000%8h327.01+0.136%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h326.93+0.114%$36K$270K10xas long as short
Binance ARMUSDT0.0000%8h327.27+0.217%$8.6M$50.1M20xas long as short
Bybit ARMUSDT0.0000%8h327.18+0.190%$2.0M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h327.09+0.162%$1.7M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h327.14+0.178%$1.8M$3.9M20xas long as short
Variational Omni ARM0.0000%8h326.73+0.053%$212K$301Kas long as short
GRVT ARM_USDT_Perp0.0000%8h326.52−0.012%$359$201K10xas long as short
SunX ARM-USDT0.0000%8h326.63+0.021%$1K$2.7M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h326.88+0.098%$12K$59K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h326.43−0.040%$18K$16K20xas long as short
BloFin ARM-USDTlong+0.0018%8h326.56long leg$127K$49K20x
QFEX ARM-USD+0.0025%1h326.69+0.040%$1.1M$3.8M10xas long as short
Lighter ARM+0.0032%1h327.00+0.135%10xas long as short
Vest ARM-USD-PERP+0.0046%1h326.84+0.086%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h327.12+0.171%$8.2M$8.8M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h326.76+0.061%$378K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h326.66+0.031%$197K$416K10xas long as short
Gate ARM_USDT+0.0067%8h327.08+0.159%$1.5M$4.3M50xas long as short
Coinbase International ARM-PERP-INTX+0.0088%1h327.01+0.138%$97K$303K10xas long as short
Phoenix ARM+0.0195%1h326.49−0.021%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h330.01+1.056%$5K$50K12xas long as short
KuCoin ARMUSDTMshort+0.0327%8h326.85+0.089%$2.3M$119K20x
edgeX ARMUSDC+0.0532%4h326.45−0.032%$35K$350K10xas long as short