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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0626%/8h= +68.6% APRpaid last 24h −0.030%
Price spread now: Ondo Perps against Bitget−0.012%7-day average −0.088% · you buy dearer than you sell
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−0.081%−$8 on $10k
Price spread, last 4 days (all we have)−0.125%−$13 · spread now −0.012%, 7d avg −0.088%
Together, before fees−0.206%+ Points / potential airdropOndo Perps: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Ondo Perps is 0.076% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.088%. Mind the row above: over the last 7 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARMUSDT321.96−0.0576get 0.0576% / 8h2h 55m$1.8M$3.9M20x
ShortOndo Perps ARM-USD.P321.920.0050get 0.0006% / 1h55m 22s$186K$417K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. 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
$131.54
Price spread: −0.012% → −0.088%
$7.57
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$122.12
Costs to cover
0.170%
Break-even
0.5 days
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago5.60 bp14.8 bp −$1529.8 bp −$298103.6 bp −$10.4Kdoesn'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
edgeX ARMUSDC−0.0810%4h321.61−0.108%$34K$349K10xas long as short
Bitget ARMUSDTlong−0.0576%8h321.96long leg$1.8M$3.9M20x
Aster ARMUSDT0.0000%8h321.99+0.011%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h321.99+0.010%$35K$272K10xas long as short
Binance ARMUSDT0.0000%8h322.18+0.069%$8.3M$50.5M20xas long as short
Bybit ARMUSDT0.0000%8h322.02+0.019%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.20+0.075%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h322.31+0.109%$1.4M$4.3M50xas long as short
Variational Omni ARM0.0000%8h322.18+0.069%$192K$298Kas long as short
GRVT ARM_USDT_Perp0.0000%8h321.56−0.124%$974$216K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h322.31+0.109%$867$2.6M10xas long as short
HTX ARM-USDT0.0000%8h320.47−0.463%$18K$16K20xas long as short
QFEX ARM-USD+0.0011%1h322.10+0.043%$1.1M$3.6M10xas long as short
BloFin ARM-USDT+0.0016%8h321.29−0.208%$122K$51K20xas long as short
Lighter ARM+0.0032%1h321.94−0.006%10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.20+0.075%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.07+0.034%$373K$1.3M10xas long as short
Ondo Perps ARM-USD.Pshort+0.0050%1h321.92−0.012%$186K$417K10x
KuCoin ARMUSDTM+0.0100%8h322.08+0.037%$2.3M$119K20xas long as short
Phoenix ARM+0.0123%1h322.02+0.019%$5K$446K10xas long as short
tradeXYZ xyz:ARM+0.0167%1h322.04+0.025%$8.1M$8.6M10xas long as short
Coinbase International ARM-PERP-INTX+0.0176%1h321.20−0.236%$99K$309K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.06+0.652%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0620%1h322.14+0.056%$12K$59K10xas long as short