Settings8H · net · $10k
Funding arb · Price arb /

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0144%/8h= +15.8% APRpaid last 24h −0.019%
Price spread now: Extended against Bybit−0.094%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$800.800% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.094%, 7d avg −0.027%
Together, before fees+0.039%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.067% cheaper against Bybit than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.027%). If the spread goes back, that is −$7 on $10k: about 37 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.004% in total) that is about 4 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARMUSDT325.610get 0.0000% / 8h43m 52s$2.0M$2.5M25x
ShortExtended ARM-USD325.300.0144get 0.0018% / 1h43m 52s$39K$188K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$30.24
Price spread: −0.094% → −0.027%
−$6.7
Slippage, 4 orders
−$63.99
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$56.45
Costs to cover
0.800%
Break-even
20.1 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 33 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 Bybit live order book, 3 min ago0.92 bp15.9 bp −$1683.0 bp −$830doesn't fitdoesn't fit
Sell Extended live order book, 33 min ago3.70 bp15.9 bp −$1696.7 bp −$967doesn'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
edgeX ARMUSDC−0.0978%4h325.28−0.101%$35K$351K10xas long as short
BloFin ARM-USDT−0.0001%8h325.52−0.028%$124K$45K20xas long as short
Aster ARMUSDT0.0000%8h325.10−0.156%$7K$126K20xas long as short
Bybit ARMUSDTlong0.0000%8h325.61long leg$2.0M$2.5M25x
OKX ARM-USDT-SWAP0.0000%8h325.64+0.009%$1.7M$6.8M20xas long as short
Bitget ARMUSDT0.0000%8h325.40−0.064%$1.8M$4.2M20xas long as short
SunX ARM-USDT0.0000%8h324.97−0.197%$1K$3.2M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h325.32−0.089%$12K$145K10xas long as short
HTX ARM-USDT0.0000%8h325.57−0.012%$18K$17K20xas long as short
Coinbase International ARM-PERP-INTX+0.0016%1h325.14−0.144%$88K$287K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ARM+0.0022%8h325.49−0.036%$213K$523Kas long as short
Lighter ARM+0.0032%1h325.22−0.120%10xas long as short
QFEX ARM-USD+0.0033%1h325.24−0.114%$1.1M$4.7M10xas long as short
Vest ARM-USD-PERP+0.0046%1h325.39−0.068%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h325.32−0.089%$8.0M$9.7M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h325.12−0.150%$464K$1.7M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h324.87−0.227%$208K$552K10xas long as short
Gate ARM_USDT+0.0052%8h325.56−0.015%$1.5M$4.1M50xas long as short
Binance ARMUSDT+0.0141%8h325.52−0.027%$8.6M$51.0M20xas long as short
Extended ARM-USDshort+0.0144%1h325.30−0.094%$39K$188K10x
GRVT ARM_USDT_Perp+0.0218%8h325.34−0.082%$420$207K10xas long as short
Injective ARM/USDC PERP+0.0220%1h328.17+0.786%$5K$52K12xas long as short
Phoenix ARM+0.0271%1h325.51−0.031%$5K$460K10xas long as short
KuCoin ARMUSDTM+0.0499%8h325.79+0.055%$2.3M$119K20xas long as short