Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: Binance against Bybit−0.077%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$540.542% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 2 days (all we have)+0.152%+$15 · spread now −0.077%, 7d avg +0.018%

Together, before fees+0.174%+$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.095% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ARMUSDT	323.50	0	get 0.0000% / 8h	1h 47m	$2.0M	$2.6M	25x
Short	Binance ARMUSDT	323.25	0	get 0.0000% / 8h	1h 47m	$8.5M	$51.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.077%Rate

Funding earned: $0
Price spread: −0.077% → +0.018%: −$9.52
Slippage, 4 orders: −$33.19
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.71
Costs to cover: 0.542%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Binance: 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 Bybit live order book, 5 min ago	5.56 bp	15.3 bp −$15	59.0 bp −$590	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.77 bp	9.7 bp −$10	32.5 bp −$325	144.2 bp −$14.4K	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	−0.0208%	4h	323.72	+0.069%	$34K	$348K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	322.98	−0.161%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	323.25	−0.077%	$39K	$188K	10x	as long as short
Binance ARMUSDTshort	0.0000%	8h	323.25	−0.077%	$8.5M	$51.1M	20x
Bybit ARMUSDTlong	0.0000%	8h	323.50	long leg	$2.0M	$2.6M	25x
OKX ARM-USDT-SWAP	0.0000%	8h	323.13	−0.114%	$1.7M	$6.8M	20x	as long as short
Bitget ARMUSDT	0.0000%	8h	323.02	−0.148%	$1.7M	$4.2M	20x	as long as short
Variational Omni ARM	0.0000%	8h	323.89	+0.121%	$276K	$459K	—	as long as short
SunX ARM-USDT	0.0000%	8h	322.83	−0.207%	$1K	$3.2M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	323.59	+0.028%	$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
BloFin ARM-USDT	+0.0016%	8h	323.49	−0.003%	$123K	$44K	20x	as long as short
Gate ARM_USDT	+0.0030%	8h	323.43	−0.022%	$1.5M	$4.0M	50x	as long as short
Lighter ARM	+0.0032%	1h	322.84	−0.204%	—	—	10x	as long as short
QFEX ARM-USD	+0.0043%	1h	323.15	−0.108%	$1.1M	$4.7M	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	323.36	−0.043%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	323.20	−0.093%	$365K	$1.5M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	323.61	+0.034%	$214K	$553K	10x	as long as short
GRVT ARM_USDT_Perp	+0.0063%	8h	323.77	+0.083%	$401	$213K	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0088%	1h	323.28	−0.068%	$83K	$291K	10x	as long as short
Phoenix ARM	+0.0198%	1h	323.40	−0.031%	$5K	$460K	10x	as long as short
KuCoin ARMUSDTM	+0.0217%	8h	323.48	−0.006%	$2.3M	$118K	20x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	326.30	+0.866%	$5K	$52K	12x	as long as short
tradeXYZ xyz:ARM	+0.0295%	1h	323.17	−0.102%	$7.7M	$9.9M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.1114%	1h	323.14	−0.111%	$12K	$145K	10x	as long as short