Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.044%

Price spread now: Aster against Coinbase International+1.501%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$179as in the Funding arb table

Net, price: spread back to 7d avg − costs+$1as in the Price arb table

costs, in and out, $10k−$1511.507% of the position

Long on Coinbase International Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.280%−$28 on $10k

Price spread, last 3 days (all we have)−1.370%−$137 · spread now +1.501%, 7d avg −0.013%

Together, before fees−1.650%+ Points / potential airdropAster: Stage 5 · farm board−$165 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 1.514% dearer against Coinbase International than usual: you sell high and buy low (spread +1.501% now, against its 7-day average of −0.013%): +$151 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months. At the pace of the last 7 days (−0.280% in total) that is about 38 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ARM-PERP-INTX	325.94	0.0048	pay 0.0006% / 1h	27m 35s	$89K	$282K	10x
Short	Aster ARMUSDT	330.83	0	get 0.0000% / 8h	7h 27m	$7K	$126K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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 Coinbase InternationalbpFee AsterbpOrdersPrice spread, now +1.501%Rate

Funding earned: −$10.08
Price spread: +1.501% → −0.013%: $151.4
Slippage, 4 orders: −$132.68
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$9.37
Costs to cover: 1.507%
Break-even: from the start

Slippage from Coinbase International: live order book, 45 min ago; Aster: live order book, 43 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 Coinbase International live order book, 45 min ago	3.38 bp	10.0 bp −$10	19.8 bp −$198	doesn't fit	doesn't fit
Sell Aster live order book, 43 min ago	53.04 bp	67.6 bp −$68	doesn't fit	doesn't fit	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 ARMUSDTshort	0.0000%	8h	330.83	+1.501%	$7K	$126K	20x
Bybit ARMUSDT	0.0000%	8h	331.28	+1.638%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	331.30	+1.644%	$1.7M	$6.7M	20x	as long as short
SunX ARM-USDT	0.0000%	8h	329.64	+1.135%	$912	$3.0M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	330.90	+1.522%	$12K	$125K	10x	as long as short
HTX ARM-USDT	0.0000%	8h	330.07	+1.267%	$18K	$16K	20x	as long as short
BloFin ARM-USDT	+0.0022%	8h	330.55	+1.414%	$127K	$46K	20x	as long as short
QFEX ARM-USD	+0.0026%	1h	331.13	+1.592%	$1.1M	$4.7M	10x	as long as short
Lighter ARM	+0.0032%	1h	331.11	+1.586%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	330.85	+1.506%	—	—	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International ARM-PERP-INTXlong	+0.0048%	1h	325.94	long leg	$89K	$282K	10x
GRVT ARM_USDT_Perp	+0.0064%	8h	329.64	+1.137%	$438	$192K	10x	as long as short
Ondo Perps ARM-USD.P	+0.0078%	1h	329.77	+1.175%	$204K	$520K	10x	as long as short
Gate ARM_USDT	+0.0162%	8h	331.30	+1.644%	$1.5M	$4.1M	50x	as long as short
Phoenix ARM	+0.0197%	1h	329.70	+1.154%	$5K	$460K	10x	as long as short
Polymarket Perps ARM-USD	+0.0216%	1h	330.94	+1.534%	$383K	$1.3M	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	331.89	+1.825%	$5K	$50K	12x	as long as short
Variational Omni ARM	+0.0221%	8h	329.69	+1.152%	$214K	$528K	—	as long as short
tradeXYZ xyz:ARM	+0.0227%	1h	331.01	+1.556%	$8.3M	$8.8M	10x	as long as short
Binance ARMUSDT	+0.0349%	8h	331.24	+1.627%	$8.9M	$50.4M	20x	as long as short
Extended ARM-USD	+0.0352%	1h	331.19	+1.612%	$38K	$334K	10x	as long as short
edgeX ARMUSDC	+0.0559%	4h	329.67	+1.144%	$35K	$354K	10x	as long as short
Bitget ARMUSDT	+0.0627%	8h	331.21	+1.617%	$1.8M	$3.9M	20x	as long as short
KuCoin ARMUSDTM	+0.0778%	8h	331.24	+1.626%	$2.4M	$116K	20x	as long as short