Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.003%
Price spread now: Ondo Perps against Bybit−0.212%7-day average −0.090% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.212%, 7d avg −0.090%
=Together, before fees+0.050%+ Points / potential airdropOndo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.121% cheaper against Bybit than usual: you would sell low and buy high (spread −0.212% now, against its 7-day average of −0.090%). If the spread goes back, that is −$12 on $10k: about 8.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARMUSDT | 321.43 | 0 | get 0.0000% / 8h | 1h 57m | $1.9M | $2.1M | 25x |
| Short | Ondo Perps ARM-USD.P | 320.75 | 0.0050 | get 0.0006% / 1h | 57m 20s | $183K | $427K | 10x |
Bybit ARMUSDT
Ondo Perps ARM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.212% → −0.090%
- −$12.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$17.54
- Costs to cover
- 0.160%
- Break-even
- 18.6 days
Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 5.29 bp | 18.3 bp −$18 | 81.1 bp −$811 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0802% | 8h | 321.14 | −0.090% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0663% | 4h | 321.11 | −0.098% | $34K | $350K | 10x | as long as short |
| BloFin ARM-USDT | −0.0027% | 8h | 321.07 | −0.112% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.20 | −0.070% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.99 | −0.137% | $38K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.23 | −0.062% | $8.2M | $50.2M | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 321.43 | long leg | $1.9M | $2.1M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.98 | −0.140% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.15 | −0.087% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.40 | −0.009% | $185K | $291K | — | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.26 | −0.053% | $909 | $223K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.30 | −0.040% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.05 | −0.118% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 321.13 | −0.093% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.00 | −0.134% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.36 | −0.022% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.06 | −0.115% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Pshort | +0.0050% | 1h | 320.75 | −0.212% | $183K | $427K | 10x | |
| tradeXYZ xyz:ARM | +0.0086% | 1h | 321.17 | −0.081% | $8.1M | $8.7M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.16 | −0.084% | $2.3M | $119K | 20x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 321.49 | +0.019% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 321.23 | −0.062% | $100K | $298K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.40 | +0.924% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0747% | 1h | 321.38 | −0.016% | $12K | $59K | 10x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL