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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1680%/8h= −183.9% APRpaid last 24h +0.052%
Price spread now: Bitget against edgeX+0.032%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$490.489% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.185%+$19 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.032%, 7d avg +0.021%
Together, before fees+0.189%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$50 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.185%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.185% in total (about 9.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ARMUSDC320.510.0871pay 0.0435% / 4h1h 50m$34K$351K10x
ShortBitget ARMUSDT320.61−0.0809pay 0.0809% / 8h1h 50m$1.8M$4.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
−$352.77
Price spread: +0.032% → +0.021%
$1.19
Slippage, 4 orders
−$27.92
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$400.49
Costs to cover
0.489%
Break-even
never at this rate
Slippage from edgeX: live order book, 58 min ago; Bitget: live order book, 2 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 edgeX live order book, 58 min ago2.64 bp7.9 bp −$890.5 bp −$905doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago4.37 bp18.1 bp −$1834.1 bp −$34176.2 bp −$7,615doesn'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
Bitget ARMUSDTshort−0.0809%8h320.61+0.032%$1.8M$4.0M20x
BloFin ARM-USDT−0.0010%8h320.08−0.133%$122K$51K20xas long as short
Aster ARMUSDT0.0000%8h320.35−0.049%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h320.35−0.047%$38K$269K10xas long as short
Binance ARMUSDT0.0000%8h320.49−0.004%$8.2M$50.2M20xas long as short
Bybit ARMUSDT0.0000%8h320.49−0.005%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.38−0.039%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h320.53+0.008%$1.4M$4.1M50xas long as short
Variational Omni ARM0.0000%8h320.33−0.054%$184K$288Kas long as short
GRVT ARM_USDT_Perp0.0000%8h320.55+0.013%$250$224K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h320.27−0.074%$916$2.5M10xas long as short
HTX ARM-USDT0.0000%8h320.09−0.130%$18K$17K20xas long as short
QFEX ARM-USD+0.0021%1h320.18−0.102%$1.1M$3.5M10xas long as short
Lighter ARM+0.0032%1h320.06−0.139%10xas long as short
Vest ARM-USD-PERP+0.0046%1h320.34−0.052%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.18−0.102%$370K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h320.27−0.074%$183K$432K10xas long as short
KuCoin ARMUSDTM+0.0100%8h320.54+0.011%$2.3M$119K20xas long as short
tradeXYZ xyz:ARM+0.0186%1h320.44−0.021%$8.1M$8.7M10xas long as short
Phoenix ARM+0.0199%1h320.51+0.001%$5K$444K10xas long as short
Coinbase International ARM-PERP-INTX+0.0200%1h321.23+0.226%$100K$296K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.40+1.215%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0500%1h320.34−0.052%$12K$59K10xas long as short
edgeX ARMUSDClong+0.0871%4h320.51long leg$34K$351K10x