ARM

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−9.137%

7d average—if it closes, per $10,000$914funding while held, a day−$3.80

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ARM/USDC PERP	352.76	0.0220	pay 0.0028% / 1h	10m 18s	$18K	$46K	12x
Short	Deribit ARM_USDC-PERPETUAL	320.53	0.0093	get 0.0012% / 1h	10m 18s	$12K	$144K	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee InjectivebpFee DeribitbpOrdersClose when spread is

Spread captured: −$913.65
Funding while held: −$3.8
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$924.47
Spread needed to break even: 0.070%

Slippage unknown: Injective: no order-book sample; Deribit: live order book, 25 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0127%
Per $10,000 a day: −$3.80
Average in range /8h: —

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 Injective no order-book sample	—	—	—	—	—
Sell Deribit live order book, 25 min ago	2.82 bp	14.1 bp −$14	18.6 bp −$186	doesn't fit	doesn't fit

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 price on every exchange

against the cheapest. Click to use as the short leg.

Coinbase International320.13cheapest

Phoenix320.30+0.053%

Polymarket Perps320.46+0.103%

OKX320.47+0.106%

tradeXYZ320.51+0.119%

Extended320.53+0.124%

SunX320.53+0.125%

Deribit320.53+0.125%

Binance320.55+0.130%

KuCoin320.55+0.131%

Bitget320.55+0.131%

Lighter320.56+0.134%

Bybit320.56+0.134%

BloFin320.56+0.134%

QFEX320.57+0.137%

Ondo Perps320.64+0.159%

Vest320.69+0.175%

Gate320.71+0.181%

edgeX320.72+0.185%

Aster320.75+0.193%

Variational Omni320.84+0.222%

HTX320.99+0.269%

Injective352.76+10.193%

ARM on 23 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International ARM-PERP-INTX	−9.250%	−0.0008%	1h	$102K	$259K	10x	as long as short
Phoenix ARM	−9.202%	+0.0126%	1h	$20K	$421K	10x	as long as short
Polymarket Perps ARM-USD	−9.156%	+0.0050%	1h	$372K	$1.4M	10x	as long as short
OKX ARM-USDT-SWAP	−9.154%	0.0000%	8h	$1.7M	$6.2M	20x	as long as short
tradeXYZ xyz:ARM	−9.142%	+0.0050%	1h	$7.4M	$9.7M	10x	as long as short
Extended ARM-USD	−9.137%	0.0000%	1h	$38K	$188K	10x	as long as short
SunX ARM-USDT	−9.137%	0.0000%	8h	$1K	$3.2M	10x	as long as short
Deribit ARM_USDC-PERPETUALshort	−9.137%	+0.0093%	1h	$12K	$144K	10x
Binance ARMUSDT	−9.132%	0.0000%	8h	$8.4M	$47.6M	20x	as long as short
KuCoin ARMUSDTM	−9.131%	+0.0100%	8h	$2.3M	$108K	20x	as long as short

Show all 23 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget ARMUSDT	−9.131%	0.0000%	8h	$1.8M	$3.9M	20x	as long as short
Lighter ARM	−9.128%	+0.0032%	1h	—	—	10x	as long as short
Bybit ARMUSDT	−9.128%	0.0000%	8h	$2.0M	$2.5M	25x	as long as short
BloFin ARM-USDT	−9.128%	+0.0006%	8h	$126K	$40K	20x	as long as short
QFEX ARM-USD	−9.125%	+0.0009%	1h	$1.1M	$4.2M	10x	as long as short
Ondo Perps ARM-USD.P	−9.105%	+0.0050%	1h	$204K	$684K	10x	as long as short
Vest ARM-USD-PERP	−9.091%	+0.0046%	1h	—	—	10x	as long as short
Gate ARM_USDT	−9.085%	0.0000%	8h	$1.5M	$3.8M	50x	as long as short
edgeX ARMUSDC	−9.082%	−0.0092%	4h	$35K	$341K	10x	as long as short
Aster ARMUSDT	−9.075%	0.0000%	8h	$4K	$116K	20x	as long as short
Variational Omni ARM	−9.048%	0.0000%	8h	$194K	$480K	—	as long as short
HTX ARM-USDT	−9.006%	0.0000%	8h	$18K	$15K	20x	as long as short
Injective ARM/USDC PERPlong	0.000%	+0.0220%	1h	$18K	$46K	12x