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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.029%
Price spread now: tradeXYZ against Extended+0.064%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$510.510% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.166%+$17 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.064%, 7d avg −0.004%
Together, before fees+0.077%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.068% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ARM-USD322.070get 0.0000% / 1h37m 26s$40K$269K10x
ShorttradeXYZ xyz:ARM322.280.0050get 0.0006% / 1h37m 26s$8.1M$8.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Extended. 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
$10.5
Price spread: +0.064% → −0.004%
$6.8
Slippage, 4 orders
−$27.99
Fee Extended: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$33.7
Costs to cover
0.510%
Break-even
29.5 days
Slippage from Extended: live order book, 15 min ago; tradeXYZ: live order book, 11 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 Extended live order book, 15 min ago2.16 bp14.4 bp −$14131.4 bp −$1,314doesn't fitdoesn't fit
Sell tradeXYZ live order book, 11 min ago0.46 bp12.1 bp −$12doesn't fitdoesn'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%8h322.08+0.001%$7K$126K20xas long as short
Extended ARM-USDlong0.0000%1h322.07long leg$40K$269K10x
Binance ARMUSDT0.0000%8h322.37+0.091%$8.4M$50.6M20xas long as short
Bybit ARMUSDT0.0000%8h322.29+0.067%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.09+0.005%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h322.45+0.117%$1.5M$4.3M50xas long as short
Bitget ARMUSDT0.0000%8h322.48+0.126%$1.8M$3.9M20xas long as short
Variational Omni ARM0.0000%8h323.51+0.446%$210K$293Kas long as short
GRVT ARM_USDT_Perp0.0000%8h322.74+0.207%$665$210K10xas long as short
SunX ARM-USDT0.0000%8h322.64+0.176%$1K$2.7M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h324.13+0.639%$18K$16K20xas long as short
BloFin ARM-USDT+0.0009%8h322.27+0.061%$123K$49K20xas long as short
QFEX ARM-USD+0.0014%1h321.97−0.032%$1.1M$3.7M10xas long as short
Lighter ARM+0.0032%1h321.89−0.057%10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.54+0.145%10xas long as short
tradeXYZ xyz:ARMshort+0.0050%1h322.28+0.064%$8.1M$8.7M10x
Polymarket Perps ARM-USD+0.0050%1h322.30+0.070%$373K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h322.30+0.070%$190K$406K10xas long as short
Phoenix ARM+0.0123%1h324.14+0.642%$5K$446K10xas long as short
Coinbase International ARM-PERP-INTX+0.0128%1h324.44+0.735%$95K$306K10xas long as short
KuCoin ARMUSDTM+0.0199%8h322.42+0.108%$2.3M$119K20xas long as short
Injective ARM/USDC PERP+0.0220%1h330.24+2.536%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0278%1h322.40+0.101%$12K$59K10xas long as short
edgeX ARMUSDC+0.0940%4h322.58+0.159%$34K$349K10xas long as short