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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.066%
Price spread now: Ondo Perps against Aster+0.103%47s7-day average −0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.179%+$18 on $10k
Price spread, last 4 days (all we have)−0.552%−$55 · spread now +0.103%, 7d avg −0.035%
Together, before fees−0.374%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board−$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.138% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.035%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARMUSDT322.530get 0.0000% / 8h2h 26m$7K$126K20x
ShortOndo Perps ARM-USD.P322.860.0050get 0.0006% / 1h26m 53s$210K$549K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aster. 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
$10.58
Price spread: +0.103% → −0.035%
$13.76
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$11.35
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Aster: live order book, 59 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 59 min ago48.13 bp76.2 bp −$76doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ARM-USDT−0.0002%8h322.82+0.090%$122K$43K20xas long as short
Aster ARMUSDTlong0.0000%8h322.53long leg$7K$126K20x
Extended ARM-USD0.0000%1h322.94+0.128%$39K$188K10xas long as short
Binance ARMUSDT0.0000%8h322.98+0.140%$8.5M$51.0M20xas long as short
Bybit ARMUSDT0.0000%8h322.84+0.096%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.84+0.096%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h323.06+0.165%$1.5M$4.0M50xas long as short
Bitget ARMUSDT0.0000%8h322.93+0.124%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h322.89+0.112%$276K$460Kas long as short
GRVT ARM_USDT_Perp0.0000%8h322.89+0.113%$342$215K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h322.65+0.037%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h323.35+0.254%$18K$16K20xas long as short
Coinbase International ARM-PERP-INTX+0.0024%1h322.84+0.096%$91K$278K10xas long as short
Lighter ARM+0.0032%1h322.530.000%10xas long as short
QFEX ARM-USD+0.0035%1h322.90+0.115%$1.1M$4.6M10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.84+0.096%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.86+0.103%$377K$1.4M10xas long as short
Ondo Perps ARM-USD.Pshort+0.0050%1h322.86+0.103%$210K$549K10x
tradeXYZ xyz:ARM+0.0069%1h322.85+0.099%$7.6M$9.8M10xas long as short
KuCoin ARMUSDTM+0.0100%8h323.26+0.227%$2.3M$117K20xas long as short
Phoenix ARM+0.0149%1h322.81+0.087%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h325.90+1.045%$5K$52K12xas long as short
edgeX ARMUSDC+0.0421%4h322.99+0.143%$34K$348K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0587%1h322.90+0.115%$12K$144K10xas long as short