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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.096%
Price spread now: Deribit against Coinbase International+0.037%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$470.474% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.116%+$12 on $10k
Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.037%, 7d avg +0.036%
Together, before fees+0.141%+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ARM-PERP-INTX327.370.0088pay 0.0011% / 1h38m 42s$98K$301K10x
ShortDeribit ARM_USDC-PERPETUAL327.490.0117get 0.0015% / 1h38m 42s$12K$125K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
$6
Price spread: +0.037% → +0.036%
$0.1
Slippage, 4 orders
−$30.43
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$41.33
Costs to cover
0.474%
Break-even
55.2 days
Slippage from Coinbase International: live order book, 19 min ago; Deribit: live order book, 20 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 Coinbase International live order book, 19 min ago4.72 bp10.0 bp −$1018.3 bp −$183doesn't fitdoesn't fit
Sell Deribit live order book, 20 min ago0.15 bp14.4 bp −$1420.3 bp −$203doesn'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%8h327.23−0.043%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h327.35−0.006%$2.0M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h327.16−0.064%$1.7M$6.7M20xas long as short
Variational Omni ARM0.0000%8h327.44+0.021%$212K$308Kas long as short
GRVT ARM_USDT_Perp0.0000%8h327.54+0.052%$675$196K10xas long as short
SunX ARM-USDT0.0000%8h327.53+0.049%$1K$2.7M10xas long as short
HTX ARM-USDT0.0000%8h327.05−0.098%$18K$16K20xas long as short
BloFin ARM-USDT+0.0009%8h327.43+0.018%$127K$49K20xas long as short
QFEX ARM-USD+0.0025%1h327.25−0.037%$1.1M$4.0M10xas long as short
Lighter ARM+0.0032%1h327.12−0.076%10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ARMUSDT+0.0036%8h327.33−0.013%$8.6M$50.0M20xas long as short
Extended ARM-USD+0.0040%1h327.25−0.038%$39K$271K10xas long as short
Vest ARM-USD-PERP+0.0046%1h327.70+0.101%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h327.30−0.021%$8.3M$8.8M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h327.32−0.015%$379K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h327.48+0.034%$202K$405K10xas long as short
Bitget ARMUSDT+0.0085%8h327.51+0.043%$1.8M$3.9M20xas long as short
Coinbase International ARM-PERP-INTXlong+0.0088%1h327.37long leg$98K$301K10x
Deribit ARM_USDC-PERPETUALshort+0.0117%1h327.49+0.037%$12K$125K10x
Gate ARM_USDT+0.0117%8h327.56+0.058%$1.5M$4.3M50xas long as short
edgeX ARMUSDC+0.0177%4h327.86+0.148%$35K$346K10xas long as short
Phoenix ARM+0.0195%1h327.62+0.076%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h332.08+1.439%$5K$50K12xas long as short
KuCoin ARMUSDTM+0.0454%8h327.43+0.018%$2.3M$119K20xas long as short