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+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.053%
Price spread now: tradeXYZ against QFEX+0.046%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$430.431% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.112%+$11 on $10k
Price spread, last 7 days−0.031%−$3 · spread now +0.046%, 7d avg +0.006%
Together, before fees+0.081%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.040% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ARM-USD327.660.0015pay 0.0002% / 1h14m 10s$1.1M$4.4M10x
ShorttradeXYZ xyz:ARM327.810.0050get 0.0006% / 1h14m 10s$8.3M$8.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$7.31
Price spread: +0.046% → +0.006%
$4
Slippage, 4 orders
−$15.06
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$31.75
Costs to cover
0.431%
Break-even
37.4 days
Slippage from QFEX: live order book, 4 min ago; tradeXYZ: live order book, 4 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, 4 min ago1.52 bp7.7 bp −$812.5 bp −$125doesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago4.11 bp13.1 bp −$1317.9 bp −$179doesn't fitdoesn't fit

ARM on 23 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−0.0373%4h328.22+0.172%$35K$346K10xas long as short
Coinbase International ARM-PERP-INTX−0.0024%1h328.15+0.150%$99K$287K10xas long as short
Aster ARMUSDT0.0000%8h328.07+0.124%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h327.90+0.073%$2.0M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h328.01+0.107%$1.7M$6.6M20xas long as short
GRVT ARM_USDT_Perp0.0000%8h328.23+0.174%$853$186K10xas long as short
SunX ARM-USDT0.0000%8h328.36+0.214%$1K$2.8M10xas long as short
HTX ARM-USDT0.0000%8h328.57+0.278%$18K$16K20xas long as short
QFEX ARM-USDlong+0.0015%1h327.66long leg$1.1M$4.4M10x
Lighter ARM+0.0032%1h327.62−0.012%10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ARM-USD-PERP+0.0046%1h327.89+0.070%10xas long as short
tradeXYZ xyz:ARMshort+0.0050%1h327.81+0.046%$8.3M$8.9M10x
Polymarket Perps ARM-USD+0.0050%1h327.67+0.003%$379K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h327.48−0.055%$201K$398K10xas long as short
Phoenix ARM+0.0121%1h328.39+0.223%$5K$444K10xas long as short
Variational Omni ARM+0.0121%8h328.01+0.108%$213K$331Kas long as short
Gate ARM_USDT+0.0149%8h328.25+0.180%$1.5M$4.2M50xas long as short
Injective ARM/USDC PERP+0.0220%1h332.02+1.331%$5K$50K12xas long as short
Binance ARMUSDT+0.0240%8h327.96+0.092%$8.6M$50.4M20xas long as short
Extended ARM-USD+0.0240%1h327.89+0.070%$36K$273K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0269%1h327.83+0.052%$12K$125K10xas long as short
Bitget ARMUSDT+0.0456%8h328.32+0.201%$1.8M$3.8M20xas long as short
KuCoin ARMUSDTM+0.0769%8h328.12+0.140%$2.4M$120K20xas long as short