ARB Outpaces ETH by 2,210 bps Over 30 Days — Entire L2 Basket Decouples From Its Host Chain
Arbitrum (ARB) has gained +35.4% over the past 30 days while Ethereum gained only +13.3%, a spread of 2,210 basis points. The divergence extends across the entire L2 basket — IMX +19.1%, STRK +17.4%, OP +10.6% all outperformed ETH's 7-day return of +0.18% — suggesting a sector-specific re-rating rather than broad market beta.
Supporting 7 queries
To surface this insight, Baselight ran 7 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
ARB 30d: $0.0925 (Mar 22) → $0.1253 (Apr 21) = +35.4%. ETH 30d: $2,053.71 (Mar 22) → $2,327.71 (Apr 21) = +13.3%. Spread: 2,210 bps. ARB 7d: +13.7%. IMX 7d: +19.1%. STRK 7d: +17.4%. OP 7d: +10.6%. ETH 7d: +0.18%. ARB 90d high: $0.190; current -34% from 90d high.