Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0246%/8h= −26.9% APRpaid last 24h −0.051%

Price spread now: HTX against tradeXYZ+0.075%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

The price spread pays, funding is against you. HTX is 0.075% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ARM	321.43	0.0246	pay 0.0031% / 1h	31m 07s	$8.2M	$8.6M	10x
Short	HTX ARM-USDT	321.67	0	get 0.0000% / 8h	31m 07s	$18K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee tradeXYZbpFee HTXbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$51.61
Price spread: +0.075% → 0.000%: $7.47
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee HTX: 6 bp × 2 orders: −$12
Net: −$74.15
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 7 min ago; HTX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 7 min ago	0.62 bp	11.8 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ARM on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ARMUSDT	−0.0473%	8h	321.60	+0.053%	$1.7M	$4.0M	20x	as long as short
edgeX ARMUSDC	−0.0452%	4h	321.90	+0.148%	$34K	$354K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	321.57	+0.044%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	321.45	+0.008%	$35K	$314K	10x	as long as short
Binance ARMUSDT	0.0000%	8h	321.54	+0.034%	$8.3M	$50.1M	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	321.62	+0.059%	$1.9M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	321.76	+0.103%	$1.6M	$6.5M	20x	as long as short
Gate ARM_USDT	0.0000%	8h	321.74	+0.096%	$1.4M	$4.1M	50x	as long as short
Variational Omni ARM	0.0000%	8h	321.80	+0.116%	$186K	$250K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	321.86	+0.133%	$702	$233K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ARM-USDT	0.0000%	8h	321.43	0.000%	$1K	$2.4M	10x	as long as short
HTX ARM-USDTshort	0.0000%	8h	321.67	+0.075%	$18K	$15K	20x
QFEX ARM-USD	+0.0025%	1h	321.38	−0.016%	$1.1M	$3.4M	10x	as long as short
BloFin ARM-USDT	+0.0030%	8h	321.90	+0.146%	$122K	$52K	20x	as long as short
Lighter ARM	+0.0032%	1h	321.40	−0.009%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	321.60	+0.053%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	321.59	+0.050%	$372K	$1.2M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	321.37	−0.019%	$185K	$432K	10x	as long as short
KuCoin ARMUSDTM	+0.0100%	8h	321.88	+0.140%	$2.3M	$116K	20x	as long as short
Coinbase International ARM-PERP-INTX	+0.0160%	1h	321.87	+0.137%	$97K	$290K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	325.57	+1.288%	$5K	$49K	12x	as long as short
Phoenix ARM	+0.0224%	1h	321.83	+0.124%	$5K	$444K	10x	as long as short
tradeXYZ xyz:ARMlong	+0.0246%	1h	321.43	long leg	$8.2M	$8.6M	10x
Deribit ARM_USDC-PERPETUAL	+0.0528%	1h	321.71	+0.087%	$12K	$59K	10x	as long as short