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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.001%
Price spread now: Bybit against QFEX+0.047%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.489% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.045%+$5 on $10k
Price spread, last 7 days−0.068%−$7 · spread now +0.047%, 7d avg +0.063%
Together, before fees−0.023%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ARM-USD319.540.0021pay 0.0003% / 1h27m 10s$1.1M$3.5M10x
ShortBybit ARMUSDT319.690get 0.0000% / 8h1h 27m$1.9M$2.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against QFEX. 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
−$4.33
Price spread: +0.047% → +0.063%
−$1.56
Slippage, 4 orders
−$27.88
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$54.78
Costs to cover
0.489%
Break-even
never at this rate
Slippage from QFEX: live order book, 6 min ago; Bybit: live order book, 10 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 QFEX live order book, 6 min ago1.88 bp6.9 bp −$79.9 bp −$99doesn't fitdoesn't fit
Sell Bybit live order book, 10 min ago5.16 bp18.4 bp −$1889.7 bp −$897doesn'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
Bitget ARMUSDT−0.0901%8h319.76+0.069%$1.8M$4.0M20xas long as short
BloFin ARM-USDT−0.0003%8h319.45−0.028%$122K$51K20xas long as short
Aster ARMUSDT0.0000%8h319.74+0.063%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h319.60+0.019%$36K$267K10xas long as short
Binance ARMUSDT0.0000%8h319.68+0.042%$8.2M$50.4M20xas long as short
Bybit ARMUSDTshort0.0000%8h319.69+0.047%$1.9M$2.1M25x
OKX ARM-USDT-SWAP0.0000%8h319.47−0.022%$1.6M$6.6M20xas long as short
Gate ARM_USDT0.0000%8h319.73+0.059%$1.4M$4.2M50xas long as short
Variational Omni ARM0.0000%8h319.35−0.058%$184K$284Kas long as short
GRVT ARM_USDT_Perp0.0000%8h319.50−0.012%$431$228K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h319.56+0.006%$1K$2.5M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h319.64+0.031%$12K$59K10xas long as short
HTX ARM-USDT0.0000%8h319.53−0.003%$18K$16K20xas long as short
QFEX ARM-USDlong+0.0021%1h319.54long leg$1.1M$3.5M10x
Lighter ARM+0.0032%1h319.56+0.006%10xas long as short
Vest ARM-USD-PERP+0.0046%1h319.58+0.013%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h319.59+0.016%$370K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h319.52−0.006%$184K$432K10xas long as short
KuCoin ARMUSDTM+0.0100%8h319.83+0.091%$2.3M$119K20xas long as short
tradeXYZ xyz:ARM+0.0169%1h319.60+0.019%$8.1M$8.7M10xas long as short
Phoenix ARM+0.0199%1h319.65+0.034%$5K$444K10xas long as short
Coinbase International ARM-PERP-INTX+0.0200%1h319.16−0.119%$97K$294K10xas long as short
Injective ARM/USDC PERP+0.0220%1h323.41+1.211%$5K$50K12xas long as short
edgeX ARMUSDC+0.0273%4h319.60+0.020%$34K$351K10xas long as short