ARM funding rate

TradFi perpetual · 12 venues · net of estimated fees

ARM Funding Rate — perpetuals across 12 venues

TradFi perpetual · compared across 12 venues · net of estimated fees · updated every few minutes

ARM is an equity-linked perpetual referencing ARM, traded on-chain (not a tokenized xStock). Perpia compares its annualized funding across venues and the best delta-neutral spread.

Live annualized ARM perpetual funding across all 12 venues Perpia tracks. Right now ARM funding is positive on 5 and negative on 0, ranging from +44.3% on Hyperliquid to +0.0% on Ostium — a spread of 44.3%. The widest delta-neutral trade is long Extended / short Hyperliquid at 41.9% net APR.

12venues
5paying positive
44.3%funding spread
Best ARM spread now
41.9%
net APR after fees
LongExtended↗→ShortHyperliquid↗
size depends on live venue depth — see the real cap in the scanner

ARM funding trend & liquidity

168h of history
44.3%current gross APR
5.9%24h average
8.3%7-day average
$17Kpair OI · lower leg
$340K24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

ARM · Extended → Hyperliquid — no history

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Build a route

any two of the 12 venues
Gross spread+44.3%+$12.15 / day on $10,000
Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 12 venues
VenueFunding APR ↓IntervalUse as
Hyperliquid↗short+44.3%every 1h
trade.xyz↗+42.3%every 1h
KuCoin↗+8.1%every 8h
Ondo Perps+5.5%every 1h
Vest↗+5.0%every 1h
Extended↗long+0.0%every 1h
Gate.io↗+0.0%every 8h
Bitget↗+0.0%every 8h
Bybit↗+0.0%every 8h
OKX↗+0.0%every 8h
HTX↗+0.0%every 8h
Ostium↗+0.0%every 1h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Extended vs Hyperliquid page. 30 pairs scanned for ARM.

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ARM — FAQ

Is ARM funding positive right now?

ARM perpetual funding is positive on 5 of 12 venues Perpia tracks. The highest is +44.3% on Hyperliquid; the lowest is +0.0% on Ostium.

What is the best ARM funding arbitrage right now?

Go long Extended and short Hyperliquid for about 41.9% net APR after fees — the widest delta-neutral ARM spread Perpia currently sees.

Which exchange has the highest ARM funding rate?

Hyperliquid, at +44.3% annualized. Funding shifts continuously, so check the live table above before trading.

How ARM funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to ARM

also quoted on both Extended and Hyperliquid

The same two exchanges you would already have funded for the ARM trade. Every spread between them is on the Extended vs Hyperliquid page.