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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.057%
Price spread now: tradeXYZ against Bybit−0.085%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$550.554% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.179%+$18 on $10k
Price spread, last 7 days+0.021%+$2 · spread now −0.085%, 7d avg −0.058%
Together, before fees+0.200%+ Points / potential airdroptradeXYZ: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.027% cheaper against Bybit than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.058%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARMUSDT330.450get 0.0000% / 8h7h 00m$2.0M$2.2M25x
ShorttradeXYZ xyz:ARM330.170.0089get 0.0011% / 1h0m 04s$8.4M$8.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$18.71
Price spread: −0.085% → −0.058%
−$2.7
Slippage, 4 orders
−$26.36
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$39.35
Costs to cover
0.554%
Break-even
21.7 days
Slippage from Bybit: live order book, 2 min ago; tradeXYZ: live order book, 9 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, 2 min ago4.84 bp15.2 bp −$1586.4 bp −$864doesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago1.51 bp11.0 bp −$1116.5 bp −$165doesn'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%8h329.94−0.155%$7K$126K20xas long as short
Bybit ARMUSDTlong0.0000%8h330.45long leg$2.0M$2.2M25x
OKX ARM-USDT-SWAP0.0000%8h330.32−0.039%$1.7M$6.7M20xas long as short
SunX ARM-USDT0.0000%8h330.01−0.133%$917$2.9M10xas long as short
HTX ARM-USDT0.0000%8h330.26−0.057%$18K$16K20xas long as short
QFEX ARM-USD+0.0026%1h330.11−0.103%$1.1M$4.5M10xas long as short
BloFin ARM-USDT+0.0029%8h330.32−0.039%$127K$46K20xas long as short
Lighter ARM+0.0032%1h330.06−0.118%10xas long as short
Vest ARM-USD-PERP+0.0046%1h330.42−0.009%10xas long as short
Coinbase International ARM-PERP-INTX+0.0048%1h330.52+0.021%$90K$286K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ARM-USD+0.0050%1h330.21−0.073%$382K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h329.99−0.139%$207K$534K10xas long as short
tradeXYZ xyz:ARMshort+0.0089%1h330.17−0.085%$8.4M$8.9M10x
GRVT ARM_USDT_Perp+0.0142%8h330.42−0.009%$473$187K10xas long as short
Phoenix ARM+0.0197%1h330.62+0.051%$5K$460K10xas long as short
Variational Omni ARM+0.0213%8h330.08−0.113%$214K$526Kas long as short
Injective ARM/USDC PERP+0.0220%1h333.61+0.956%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0235%1h330.27−0.054%$12K$125K10xas long as short
Binance ARMUSDT+0.0357%8h330.37−0.024%$8.9M$50.4M20xas long as short
Extended ARM-USD+0.0360%1h330.29−0.049%$36K$278K10xas long as short
Gate ARM_USDT+0.0463%8h330.51+0.018%$1.5M$4.1M50xas long as short
KuCoin ARMUSDTM+0.0843%8h330.67+0.067%$2.4M$116K20xas long as short
Bitget ARMUSDT+0.0901%8h330.32−0.039%$1.8M$3.9M20xas long as short
edgeX ARMUSDC+0.0960%4h330.35−0.031%$35K$345K10xas long as short