Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.033%

Price spread now: Bitget against Bybit+0.178%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$700.704% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.193%+$19 on $10k

Price spread, last 7 days−0.191%−$19 · spread now +0.178%, 7d avg −0.007%

Together, before fees+0.002%$0 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: Bitget is 0.185% dearer against Bybit than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ARMUSDT	326.57	0	get 0.0000% / 8h	4h 17m	$1.9M	$2.1M	25x
Short	Bitget ARMUSDT	327.15	0	get 0.0000% / 8h	4h 17m	$1.8M	$3.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.178%Rate

Funding earned: $0
Price spread: +0.178% → −0.007%: $18.5
Slippage, 4 orders: −$47.41
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$51.9
Costs to cover: 0.704%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 1 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	4.74 bp	21.7 bp −$22	84.1 bp −$841	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	3.06 bp	17.1 bp −$17	30.6 bp −$306	86.5 bp −$8,650	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
Aster ARMUSDT	0.0000%	8h	326.62	+0.014%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	326.50	−0.020%	$39K	$267K	10x	as long as short
Binance ARMUSDT	0.0000%	8h	326.78	+0.064%	$8.6M	$50.0M	20x	as long as short
Bybit ARMUSDTlong	0.0000%	8h	326.57	long leg	$1.9M	$2.1M	25x
OKX ARM-USDT-SWAP	0.0000%	8h	326.76	+0.058%	$1.7M	$6.7M	20x	as long as short
Bitget ARMUSDTshort	0.0000%	8h	327.15	+0.178%	$1.8M	$3.9M	20x
Variational Omni ARM	0.0000%	8h	327.01	+0.135%	$212K	$303K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	326.82	+0.077%	$771	$200K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	326.91	+0.104%	$1K	$2.7M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	326.26	−0.095%	$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	+0.0006%	8h	326.55	−0.006%	$127K	$50K	20x	as long as short
QFEX ARM-USD	+0.0025%	1h	326.75	+0.055%	$1.1M	$3.8M	10x	as long as short
Lighter ARM	+0.0032%	1h	326.35	−0.067%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	326.94	+0.113%	—	—	10x	as long as short
tradeXYZ xyz:ARM	+0.0050%	1h	326.56	−0.003%	$8.2M	$8.8M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	326.59	+0.006%	$378K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	326.38	−0.058%	$200K	$414K	10x	as long as short
Gate ARM_USDT	+0.0079%	8h	326.89	+0.098%	$1.5M	$4.3M	50x	as long as short
Coinbase International ARM-PERP-INTX	+0.0088%	1h	326.96	+0.119%	$98K	$305K	10x	as long as short
Phoenix ARM	+0.0195%	1h	326.51	−0.018%	$5K	$444K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	330.01	+1.053%	$5K	$50K	12x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0271%	1h	326.60	+0.009%	$12K	$59K	10x	as long as short
KuCoin ARMUSDTM	+0.0360%	8h	326.68	+0.034%	$2.3M	$119K	20x	as long as short
edgeX ARMUSDC	+0.0635%	4h	326.57	+0.001%	$35K	$349K	10x	as long as short