ARM

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.689%

7d average—if it closes, per $10,000$69funding while held, a day+$6.60

Long on Variational Omni Short on Injective

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ARM	314.31	0	get 0.0000% / 8h	42m 37s	$192K	$446K	—
Short	Injective ARM/USDC PERP	316.48	0.0220	get 0.0028% / 1h	42m 37s	$17K	$46K	12x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Variational OmnibpFee InjectivebpOrdersClose when spread is

Spread captured: $68.92
Funding while held: $6.6
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $75.5
Spread needed to break even: 0.000%

Slippage unknown: Variational Omni: RFQ quote, 8 min ago; Injective: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0220%
Per $10,000 a day: +$6.60
Average in range /8h: —

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 Variational Omni RFQ quote, 8 min ago	3.32 bp	doesn't fit	54.9 bp −$549	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 price on every exchange

against the cheapest. Click to use as the short leg.

ARM on 23 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International ARM-PERP-INTX	−1.080%	+0.0064%	1h	$102K	$233K	10x	as long as short
Ondo Perps ARM-USD.P	−0.103%	+0.0050%	1h	$216K	$627K	10x	as long as short
BloFin ARM-USDT	−0.068%	−0.0028%	8h	$126K	$34K	20x	as long as short
Polymarket Perps ARM-USD	−0.046%	+0.0050%	1h	$380K	$1.4M	10x	as long as short
edgeX ARMUSDC	−0.044%	−0.0545%	4h	$34K	$338K	10x	as long as short
QFEX ARM-USD	−0.039%	+0.0026%	1h	$1.1M	$3.6M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	−0.027%	+0.0005%	1h	$14K	$141K	10x	as long as short
Variational Omni ARMlong	0.000%	0.0000%	8h	$192K	$446K	—
Gate ARM_USDT	+0.002%	0.0000%	8h	$1.3M	$2.9M	50x	as long as short
Vest ARM-USD-PERP	+0.018%	+0.0046%	1h	—	—	10x	as long as short

Show all 23 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin ARMUSDTM	+0.024%	+0.0100%	8h	$2.2M	$104K	20x	as long as short
Phoenix ARM	+0.027%	+0.0051%	1h	$3K	$358K	10x	as long as short
Aster ARMUSDT	+0.033%	0.0000%	8h	$7K	$90K	20x	as long as short
Lighter ARM	+0.034%	+0.0032%	1h	—	—	10x	as long as short
Extended ARM-USD	+0.043%	0.0000%	1h	$38K	$188K	10x	as long as short
HTX ARM-USDT	+0.046%	0.0000%	8h	$18K	$14K	20x	as long as short
tradeXYZ xyz:ARM	+0.078%	+0.0050%	1h	$7.4M	$8.9M	10x	as long as short
Bitget ARMUSDT	+0.085%	0.0000%	8h	$1.8M	$3.6M	20x	as long as short
Binance ARMUSDT	+0.152%	0.0000%	8h	$8.6M	$38.5M	20x	as long as short
OKX ARM-USDT-SWAP	+0.155%	0.0000%	8h	$1.6M	$5.5M	20x	as long as short
Bybit ARMUSDT	+0.190%	+0.0048%	8h	$1.8M	$2.1M	25x	as long as short
SunX ARM-USDT	+0.358%	0.0000%	8h	$1K	$3.0M	10x	as long as short
Injective ARM/USDC PERPshort	+0.689%	+0.0220%	1h	$17K	$46K	12x