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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0521%/8h= −57.0% APRpaid last 24h −0.055%
Price spread now: Extended against KuCoin−0.083%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1731.734% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.244%−$24 on $10k
Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.083%, 7d avg −0.011%
Together, before fees−0.106%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Extended is 0.072% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.244% in total (about -12.7% 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
LongKuCoin ARMUSDTM327.890.0809pay 0.0809% / 8h6h 35m$2.4M$121K20x
ShortExtended ARM-USD327.620.0288get 0.0036% / 1h35m 03s$36K$278K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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
−$109.41
Price spread: −0.083% → −0.011%
−$7.18
Slippage, 4 orders
−$156.41
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$290
Costs to cover
1.734%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Extended: live order book, 32 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 KuCoin live order book, 7 min ago6.54 bp64.3 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 32 min ago3.03 bp14.2 bp −$1491.8 bp −$918doesn'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
edgeX ARMUSDC−0.0631%4h327.93+0.012%$35K$345K10xas long as short
Coinbase International ARM-PERP-INTX−0.0024%1h328.06+0.052%$99K$287K10xas long as short
BloFin ARM-USDT−0.0010%8h329.28+0.424%$128K$46K20xas long as short
Aster ARMUSDT0.0000%8h327.93+0.013%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h328.00+0.034%$2.0M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h327.72−0.052%$1.7M$6.6M20xas long as short
GRVT ARM_USDT_Perp0.0000%8h327.93+0.013%$551$186K10xas long as short
SunX ARM-USDT0.0000%8h327.58−0.095%$1K$2.9M10xas long as short
HTX ARM-USDT0.0000%8h327.61−0.085%$18K$16K20xas long as short
QFEX ARM-USD+0.0015%1h327.50−0.119%$1.1M$4.4M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARM+0.0032%1h327.44−0.137%10xas long as short
Vest ARM-USD-PERP+0.0046%1h327.72−0.052%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h327.73−0.049%$8.3M$9.0M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h327.64−0.076%$379K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h327.53−0.110%$201K$481K10xas long as short
Phoenix ARM+0.0121%1h327.92+0.009%$5K$444K10xas long as short
Variational Omni ARM+0.0163%8h327.74−0.046%$213K$409Kas long as short
Deribit ARM_USDC-PERPETUAL+0.0177%1h327.65−0.073%$12K$125K10xas long as short
Gate ARM_USDT+0.0193%8h327.88−0.003%$1.5M$4.2M50xas long as short
Injective ARM/USDC PERP+0.0220%1h331.58+1.125%$5K$50K12xas long as short
Extended ARM-USDshort+0.0288%1h327.62−0.083%$36K$278K10x
Binance ARMUSDT+0.0290%8h327.890.000%$8.7M$50.6M20xas long as short
Bitget ARMUSDT+0.0599%8h327.80−0.027%$1.8M$3.8M20xas long as short
KuCoin ARMUSDTMlong+0.0809%8h327.89long leg$2.4M$121K20x