Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0207%/8h= +22.6% APRpaid last 24h +0.066%

Price spread now: Injective against HTX−0.056%65s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 0.056% cheaper against HTX than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 22 hours of funding at the current rate (+$6 a day). The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ARM-USDT	322.44	0	get 0.0000% / 8h	5h 05m	$18K	$10K	20x
Short	Injective ARM/USDC PERP	322.26	0.0207	get 0.0026% / 1h	5m 58s	$3K	$60K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against HTX. 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 HTXbpFee InjectivebpOrdersPrice spread, now −0.056%Rate

Funding earned: $43.4
Price spread: −0.056% → 0.000%: −$5.58
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $25.8
Costs to cover: 0.120%
Break-even: 2.8 days

Slippage unknown: HTX: no order-book sample; Injective: no order-book sample. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

HTX and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ARM on 24 exchanges

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
BloFin ARM-USDT	−0.0004%	8h	322.38	−0.019%	$128K	$56K	20x	as long as short
Aster ARMUSDT	0.0000%	8h	322.28	−0.049%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	322.50	+0.017%	$33K	$325K	10x	as long as short
Binance ARMUSDT	0.0000%	8h	322.60	+0.050%	$8.2M	$50.5M	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	322.65	+0.065%	$1.9M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	322.54	+0.031%	$1.7M	$6.3M	20x	as long as short
Gate ARM_USDT	0.0000%	8h	322.65	+0.065%	$1.4M	$4.1M	50x	as long as short
Bitget ARMUSDT	0.0000%	8h	322.47	+0.009%	$1.7M	$4.2M	20x	as long as short
Variational Omni ARM	0.0000%	8h	322.44	+0.001%	$187K	$219K	—	as long as short
SunX ARM-USDT	0.0000%	8h	322.59	+0.047%	$961	$2.0M	10x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	322.51	+0.022%	$12K	$53K	10x	as long as short
HTX ARM-USDTlong	0.0000%	8h	322.44	long leg	$18K	$10K	20x
QFEX ARM-USD	+0.0019%	1h	322.55	+0.034%	$1.1M	$3.3M	10x	as long as short
Lighter ARM	+0.0032%	1h	322.50	+0.019%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	322.65	+0.065%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	322.97	+0.164%	$367K	$1.2M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	322.13	−0.096%	$184K	$442K	10x	as long as short
tradeXYZ xyz:ARM	+0.0058%	1h	322.47	+0.009%	$8.3M	$8.6M	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0096%	1h	320.69	−0.543%	$99K	$269K	10x	as long as short
Injective ARM/USDC PERPshort	+0.0207%	1h	322.26	−0.056%	$3K	$60K	12x
KuCoin ARMUSDTM	+0.0207%	8h	322.50	+0.019%	$2.3M	$318K	20x	as long as short
Phoenix ARM	+0.0248%	1h	322.50	+0.019%	$8K	$424K	10x	as long as short
edgeX ARMUSDC	+0.0295%	4h	322.50	+0.019%	$35K	$362K	10x	as long as short
GRVT ARM_USDT_Perp	+0.0365%	8h	322.61	+0.052%	$397	$261K	10x	as long as short