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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.062%
Price spread now: Aster against tradeXYZ−0.009%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2012.013% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.244%−$24 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.009%, 7d avg −0.023%
Together, before fees−0.172%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:ARM327.300.0050pay 0.0006% / 1h9m 47s$8.3M$8.8M10x
ShortAster ARMUSDT327.270get 0.0000% / 8h4h 09m$7K$126K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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
−$10.5
Price spread: −0.009% → −0.023%
$1.35
Slippage, 4 orders
−$175.3
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
−$210.45
Costs to cover
2.013%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Aster: live order book, 46 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 tradeXYZ live order book, 8 min ago1.07 bp11.6 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 46 min ago51.70 bp76.9 bp −$77doesn't fitdoesn'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 ARMUSDTshort0.0000%8h327.27−0.009%$7K$126K20x
Extended ARM-USD0.0000%1h327.19−0.035%$36K$270K10xas long as short
Binance ARMUSDT0.0000%8h327.29−0.003%$8.6M$50.1M20xas long as short
Bybit ARMUSDT0.0000%8h327.28−0.006%$2.0M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h327.20−0.031%$1.7M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h327.25−0.015%$1.8M$3.9M20xas long as short
Variational Omni ARM0.0000%8h326.73−0.173%$212K$301Kas long as short
GRVT ARM_USDT_Perp0.0000%8h326.52−0.238%$359$201K10xas long as short
SunX ARM-USDT0.0000%8h326.63−0.205%$1K$2.7M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h326.88−0.128%$12K$59K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h326.43−0.266%$18K$16K20xas long as short
BloFin ARM-USDT+0.0018%8h326.56−0.226%$127K$49K20xas long as short
QFEX ARM-USD+0.0025%1h326.69−0.186%$1.1M$3.8M10xas long as short
Lighter ARM+0.0032%1h327.20−0.031%10xas long as short
Vest ARM-USD-PERP+0.0046%1h326.84−0.141%10xas long as short
tradeXYZ xyz:ARMlong+0.0050%1h327.30long leg$8.3M$8.8M10x
Polymarket Perps ARM-USD+0.0050%1h326.76−0.165%$378K$1.3M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h326.66−0.196%$197K$416K10xas long as short
Gate ARM_USDT+0.0067%8h327.15−0.046%$1.5M$4.3M50xas long as short
Coinbase International ARM-PERP-INTX+0.0088%1h327.01−0.089%$97K$303K10xas long as short
Phoenix ARM+0.0195%1h326.49−0.247%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h330.01+0.828%$5K$50K12xas long as short
KuCoin ARMUSDTM+0.0327%8h327.24−0.018%$2.3M$119K20xas long as short
edgeX ARMUSDC+0.0532%4h326.45−0.258%$35K$350K10xas long as short