Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0107%/8h= +11.8% APRpaid last 24h +0.019%

Price spread now: Ondo Perps against BloFin+0.006%7-day average −0.044% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.129%+$13 on $10k

Price spread, last 3 days (all we have)+0.021%+$2 · spread now +0.006%, 7d avg −0.044%

Together, before fees+0.150%+ Points / potential airdropOndo Perps: Active · farm board+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Ondo Perps is 0.050% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ARM-USDT	329.75	−0.0002	get 0.0002% / 8h	7h 29m	$127K	$46K	20x
Short	Ondo Perps ARM-USD.P	329.77	0.0106	get 0.0013% / 1h	29m 47s	$204K	$525K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee Ondo PerpsbpOrdersPrice spread, now +0.006%Rate

Funding earned: $22.53
Price spread: +0.006% → −0.044%: $5.04
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $10.57
Costs to cover: 0.170%
Break-even: 3.7 days

Slippage unknown: BloFin: live order book, 26 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 26 min ago	0.15 bp	13.7 bp −$14	31.1 bp −$311	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX ARMUSDC	−0.0158%	4h	328.76	−0.300%	$35K	$353K	10x	as long as short
BloFin ARM-USDTlong	−0.0002%	8h	329.75	long leg	$127K	$46K	20x
Aster ARMUSDT	0.0000%	8h	329.84	+0.027%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	330.06	+0.094%	$2.0M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	329.94	+0.058%	$1.7M	$6.6M	20x	as long as short
SunX ARM-USDT	0.0000%	8h	329.47	−0.085%	$972	$3.0M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	329.91	+0.049%	$12K	$125K	10x	as long as short
HTX ARM-USDT	0.0000%	8h	328.75	−0.303%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0026%	1h	329.87	+0.036%	$1.1M	$4.7M	10x	as long as short
Lighter ARM	+0.0032%	1h	329.93	+0.055%	—	—	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT ARM_USDT_Perp	+0.0033%	8h	328.82	−0.282%	$437	$192K	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	330.10	+0.106%	—	—	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0048%	1h	325.94	−1.155%	$89K	$282K	10x	as long as short
Gate ARM_USDT	+0.0074%	8h	330.07	+0.097%	$1.5M	$4.1M	50x	as long as short
Ondo Perps ARM-USD.Pshort	+0.0106%	1h	329.77	+0.006%	$204K	$525K	10x
Phoenix ARM	+0.0197%	1h	328.85	−0.273%	$5K	$460K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	331.89	+0.649%	$5K	$50K	12x	as long as short
Variational Omni ARM	+0.0221%	8h	329.69	−0.017%	$214K	$528K	—	as long as short
Polymarket Perps ARM-USD	+0.0244%	1h	329.91	+0.049%	$382K	$1.3M	10x	as long as short
tradeXYZ xyz:ARM	+0.0260%	1h	329.93	+0.055%	$8.2M	$8.6M	10x	as long as short
Binance ARMUSDT	+0.0351%	8h	330.02	+0.081%	$8.8M	$50.4M	20x	as long as short
Extended ARM-USD	+0.0352%	1h	330.00	+0.075%	$38K	$334K	10x	as long as short
Bitget ARMUSDT	+0.0548%	8h	329.99	+0.073%	$1.8M	$3.9M	20x	as long as short
KuCoin ARMUSDTM	+0.0773%	8h	330.16	+0.124%	$2.4M	$116K	20x	as long as short