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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.004%
Price spread now: Gate against QFEX0.000%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$670.672% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.074%+$7 on $10k
Price spread, last 7 days+0.028%+$3 · spread now 0.000%, 7d avg +0.059%
Together, before fees+0.102%+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.059% cheaper against QFEX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ARM-USD324.000.0014pay 0.0002% / 1h45m 45s$1.1M$3.8M10x
ShortGate ARM_USDT324.000.0007get 0.0007% / 8h3h 45m$1.5M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$1.5
Price spread: 0.000% → +0.059%
−$5.93
Slippage, 4 orders
−$42.16
Fee QFEX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$74.59
Costs to cover
0.672%
Break-even
never at this rate
Slippage from QFEX: live order book, 7 min ago; Gate: live order book, 3 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, 7 min ago1.23 bp6.2 bp −$611.9 bp −$119doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.24 bp24.7 bp −$2560.8 bp −$60878.5 bp −$7,852doesn'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
Aster ARMUSDT0.0000%8h324.52+0.161%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h323.87−0.041%$40K$271K10xas long as short
Binance ARMUSDT0.0000%8h323.97−0.009%$8.4M$50.5M20xas long as short
Bybit ARMUSDT0.0000%8h324.07+0.022%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h323.68−0.099%$1.6M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h323.86−0.043%$1.8M$3.9M20xas long as short
Variational Omni ARM0.0000%8h324.10+0.030%$210K$294Kas long as short
GRVT ARM_USDT_Perp0.0000%8h323.30−0.216%$375$207K10xas long as short
SunX ARM-USDT0.0000%8h324.17+0.052%$1K$2.7M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h323.86−0.043%$12K$59K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h323.72−0.086%$18K$17K20xas long as short
Gate ARM_USDTshort+0.0007%8h324.000.000%$1.5M$4.3M50x
BloFin ARM-USDT+0.0012%8h323.24−0.235%$126K$49K20xas long as short
QFEX ARM-USDlong+0.0014%1h324.00long leg$1.1M$3.8M10x
Lighter ARM+0.0032%1h324.02+0.006%10xas long as short
Vest ARM-USD-PERP+0.0046%1h324.06+0.019%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h323.92−0.025%$8.1M$8.8M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h323.98−0.006%$375K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h323.74−0.080%$190K$413K10xas long as short
Phoenix ARM+0.0123%1h323.45−0.170%$5K$446K10xas long as short
Coinbase International ARM-PERP-INTX+0.0128%1h324.44+0.136%$95K$306K10xas long as short
Injective ARM/USDC PERP+0.0220%1h330.24+1.926%$5K$50K12xas long as short
KuCoin ARMUSDTM+0.0229%8h324.12+0.037%$2.3M$119K20xas long as short
edgeX ARMUSDC+0.0776%4h323.16−0.259%$34K$350K10xas long as short