Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0370%/8h= +40.5% APRpaid last 24h —

Price spread now: Gate against Lighter−0.097%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Gate is 0.097% cheaper against Lighter than usual: you would sell low and buy high (spread −0.097% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 21 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ARM	328.87	0.0032	pay 0.0004% / 1h	51m 48s	—	—	10x
Short	Gate ARM_USDT	328.55	0.0402	get 0.0402% / 8h	7h 51m	$1.5M	$4.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Lighter. 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 LighterbpFee GatebpOrdersPrice spread, now −0.097%Rate

Funding earned: $77.7
Price spread: −0.097% → 0.000%: −$9.73
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $52.97
Costs to cover: 0.150%
Break-even: 2.2 days

Slippage unknown: Lighter: no order-book sample; Gate: live order book, 1 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell Gate live order book, 1 min ago	4.43 bp	16.3 bp −$16	48.4 bp −$484	79.4 bp −$7,941	doesn't fit

Lighter: 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 venues

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
edgeX ARMUSDC	−0.0267%	4h	326.99	−0.572%	$35K	$351K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.65	−0.067%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	329.01	+0.043%	$2.0M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	328.77	−0.030%	$1.7M	$6.7M	20x	as long as short
SunX ARM-USDT	0.0000%	8h	327.59	−0.389%	$1K	$3.1M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	327.01	−0.566%	$18K	$17K	20x	as long as short
BloFin ARM-USDT	+0.0004%	8h	326.94	−0.587%	$124K	$44K	20x	as long as short
QFEX ARM-USD	+0.0026%	1h	327.54	−0.404%	$1.1M	$4.7M	10x	as long as short
Lighter ARMlong	+0.0032%	1h	328.87	long leg	—	—	10x
Vest ARM-USD-PERP	+0.0046%	1h	327.69	−0.359%	—	—	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International ARM-PERP-INTX	+0.0048%	1h	325.94	−0.891%	$89K	$286K	10x	as long as short
Bitget ARMUSDT	+0.0072%	8h	328.39	−0.146%	$1.8M	$4.0M	20x	as long as short
Phoenix ARM	+0.0197%	1h	326.93	−0.590%	$5K	$460K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	329.18	+0.094%	$5K	$50K	12x	as long as short
Variational Omni ARM	+0.0238%	8h	327.53	−0.407%	$210K	$527K	—	as long as short
GRVT ARM_USDT_Perp	+0.0282%	8h	326.66	−0.672%	$830	$196K	10x	as long as short
Extended ARM-USD	+0.0360%	1h	328.43	−0.134%	$38K	$197K	10x	as long as short
Binance ARMUSDT	+0.0361%	8h	328.93	+0.018%	$8.8M	$50.3M	20x	as long as short
Gate ARM_USDTshort	+0.0402%	8h	328.55	−0.097%	$1.5M	$4.0M	50x
Deribit ARM_USDC-PERPETUAL	+0.0727%	1h	328.01	−0.262%	$12K	$125K	10x	as long as short
KuCoin ARMUSDTM	+0.0752%	8h	328.97	+0.030%	$2.4M	$117K	20x	as long as short
Ondo Perps ARM-USD.P	+0.0938%	1h	326.97	−0.578%	$208K	$532K	10x	as long as short
tradeXYZ xyz:ARM	+0.1425%	1h	328.88	+0.003%	$8.1M	$8.4M	10x	as long as short
Polymarket Perps ARM-USD	+0.1450%	1h	327.88	−0.301%	$385K	$1.3M	10x	as long as short