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−0.0342%/8h= −37.4% APRnext payment $3.42 per $10,000 · paid last 24h −0.087%
Price spread now: Gate against KuCoin+0.021%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2762.755% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.229%−$23 on $10k
Price spread, last 7 days−0.112%−$11 · spread now +0.021%, 7d avg +0.015%
Together, before fees−0.341%−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.229% in total (about -12.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ARMUSDTM327.410.0449pay 0.0449% / 8h4h 36m$2.3M$119K20x
ShortGate ARM_USDT327.480.0107get 0.0107% / 8h4h 36m$1.5M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$71.82
Price spread: +0.021% → +0.015%
$0.66
Slippage, 4 orders
−$248.54
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$346.69
Costs to cover
2.755%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Gate: 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 KuCoin live order book, 5 min ago7.94 bp166.6 bp −$167doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago4.73 bp17.8 bp −$1868.2 bp −$68289.3 bp −$8,931doesn'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−0.0557%4h327.36−0.015%$35K$347K10xas long as short
Aster ARMUSDT0.0000%8h327.49+0.023%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h327.30−0.034%$2.0M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h327.26−0.046%$1.7M$6.7M20xas long as short
Variational Omni ARM0.0000%8h327.44+0.009%$212K$308Kas long as short
GRVT ARM_USDT_Perp0.0000%8h327.54+0.040%$675$196K10xas long as short
SunX ARM-USDT0.0000%8h327.35−0.018%$1K$2.7M10xas long as short
HTX ARM-USDT0.0000%8h327.05−0.110%$18K$16K20xas long as short
QFEX ARM-USD+0.0025%1h327.33−0.024%$1.1M$4.0M10xas long as short
BloFin ARM-USDT+0.0026%8h327.35−0.018%$128K$49K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ARMUSDT+0.0031%8h327.36−0.015%$8.6M$50.0M20xas long as short
Lighter ARM+0.0032%1h327.18−0.070%10xas long as short
Extended ARM-USD+0.0032%1h327.28−0.040%$39K$271K10xas long as short
Vest ARM-USD-PERP+0.0046%1h327.64+0.070%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h327.30−0.034%$8.3M$8.8M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h327.33−0.024%$379K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h327.48+0.021%$200K$405K10xas long as short
Bitget ARMUSDT+0.0065%8h327.49+0.024%$1.8M$3.9M20xas long as short
Coinbase International ARM-PERP-INTX+0.0088%1h327.37−0.012%$98K$301K10xas long as short
Gate ARM_USDTshort+0.0107%8h327.48+0.021%$1.5M$4.3M50x
Phoenix ARM+0.0195%1h327.36−0.015%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h330.69+1.002%$5K$50K12xas long as short
KuCoin ARMUSDTMlong+0.0449%8h327.41long leg$2.3M$119K20x
Deribit ARM_USDC-PERPETUAL+0.0789%1h327.50+0.027%$12K$125K10xas long as short