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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0727%/8h= +79.6% APRpaid last 24h +0.119%
Price spread now: Deribit against SunX+0.128%7-day average +0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.172%+$17 on $10k
Price spread, last 3 days (all we have)−0.131%−$13 · spread now +0.128%, 7d avg +0.021%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Deribit is 0.107% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.021%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.172% in total (about 17.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ARM-USDT327.590get 0.0000% / 8h7h 51m$1K$3.1M10x
ShortDeribit ARM_USDC-PERPETUAL328.010.0727get 0.0091% / 1h51m 39s$12K$125K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against SunX. 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
$152.57
Price spread: +0.128% → +0.021%
$10.69
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$148.26
Costs to cover
0.150%
Break-even
0.2 days
Slippage unknown: SunX: live order book, 6 min ago; Deribit: live order book, 22 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago499.87 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Deribit live order book, 22 min ago0.15 bp13.0 bp −$1317.1 bp −$171doesn'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
Aster ARMUSDT0.0000%8h329.22+0.497%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h328.43+0.256%$2.0M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h328.36+0.235%$1.7M$6.7M20xas long as short
SunX ARM-USDTlong0.0000%8h327.59long leg$1K$3.1M10x
HTX ARM-USDT0.0000%8h327.01−0.177%$18K$17K20xas long as short
BloFin ARM-USDT+0.0004%8h326.94−0.198%$124K$44K20xas long as short
QFEX ARM-USD+0.0026%1h328.82+0.375%$1.2M$4.7M10xas long as short
Lighter ARM+0.0032%1h328.87+0.391%10xas long as short
Vest ARM-USD-PERP+0.0046%1h328.61+0.311%10xas long as short
Coinbase International ARM-PERP-INTX+0.0048%1h325.94−0.504%$89K$286K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ARMUSDT+0.0095%8h328.64+0.321%$1.8M$4.0M20xas long as short
GRVT ARM_USDT_Perp+0.0172%8h327.04−0.169%$831$196K10xas long as short
Phoenix ARM+0.0197%1h326.93−0.201%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h329.18+0.485%$5K$50K12xas long as short
Variational Omni ARM+0.0238%8h327.53−0.018%$210K$527Kas long as short
Gate ARM_USDT+0.0305%8h329.09+0.458%$1.5M$4.0M50xas long as short
Extended ARM-USD+0.0360%1h328.86+0.388%$36K$201K10xas long as short
Binance ARMUSDT+0.0361%8h328.61+0.312%$8.8M$50.3M20xas long as short
Deribit ARM_USDC-PERPETUALshort+0.0727%1h328.01+0.128%$12K$125K10x
KuCoin ARMUSDTM+0.0752%8h328.97+0.421%$2.4M$117K20xas long as short
Ondo Perps ARM-USD.P+0.0811%1h326.97−0.189%$208K$525K10xas long as short
edgeX ARMUSDC+0.0990%4h327.14−0.138%$35K$352K10xas long as short
tradeXYZ xyz:ARM+0.1425%1h328.88+0.394%$8.1M$8.4M10xas long as short
Polymarket Perps ARM-USD+0.1450%1h327.88+0.089%$385K$1.3M10xas long as short