Funding you earn now, next payment 01:00 UTC−0.0186%/8h= −20.3% APRpaid last 24h −0.037%
Price spread now: Ondo Perps against edgeX−0.020%54s7-day average −0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 3 days (all we have)−0.010%−$1 · spread now −0.020%, 7d avg −0.064%
=Together, before fees+0.052%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.044% dearer against edgeX than usual: you sell high and buy low (spread −0.020% now, against its 7-day average of −0.064%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 19 hours. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.2% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARMUSDC | 328.69 | 0.0368 | pay 0.0184% / 4h | 3h 36m | $35K | $352K | 10x |
| Short | Ondo Perps ARM-USD.P | 328.62 | 0.0182 | get 0.0023% / 1h | 36m 09s | $204K | $523K | 10x |
edgeX ARMUSDC
Ondo Perps ARM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against edgeX. 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
- −$38.96
- Price spread: −0.020% → −0.064%
- $4.4
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$48.56
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 37 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 edgeX live order book, 37 min ago | 1.38 bp | 6.4 bp −$6 | 95.2 bp −$952 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 329.22 | +0.162% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.98 | +0.090% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.95 | +0.080% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.76 | +0.022% | $437 | $192K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.66 | −0.008% | $996 | $3.0M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.51 | −0.053% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0021% | 8h | 328.80 | +0.035% | $127K | $45K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 328.93 | +0.074% | $1.1M | $4.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.94 | +0.077% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 329.01 | +0.099% | — | — | 10x | as long as short |
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | −0.835% | $89K | $283K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0084% | 1h | 329.09 | +0.123% | $12K | $125K | 10x | as long as short |
| Gate ARM_USDT | +0.0087% | 8h | 329.20 | +0.157% | $1.5M | $4.0M | 50x | as long as short |
| Ondo Perps ARM-USD.Pshort | +0.0182% | 1h | 328.62 | −0.020% | $204K | $523K | 10x | |
| Phoenix ARM | +0.0197% | 1h | 328.67 | −0.005% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.89 | +0.975% | $5K | $50K | 12x | as long as short |
| Variational Omni ARM | +0.0224% | 8h | 328.98 | +0.089% | $213K | $528K | — | as long as short |
| Binance ARMUSDT | +0.0349% | 8h | 329.11 | +0.129% | $8.8M | $50.4M | 20x | as long as short |
| Polymarket Perps ARM-USD | +0.0349% | 1h | 328.98 | +0.090% | $381K | $1.3M | 10x | as long as short |
| Extended ARM-USD | +0.0352% | 1h | 328.92 | +0.071% | $36K | $296K | 10x | as long as short |
| edgeX ARMUSDClong | +0.0368% | 4h | 328.69 | long leg | $35K | $352K | 10x | |
| tradeXYZ xyz:ARM | +0.0369% | 1h | 329.11 | +0.129% | $8.2M | $8.5M | 10x | as long as short |
| Bitget ARMUSDT | +0.0459% | 8h | 329.02 | +0.102% | $1.8M | $4.0M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0765% | 8h | 329.27 | +0.178% | $2.4M | $116K | 20x | as long as short |
Coinbase International ARM-PERP-INTX
Deribit ARM_USDC-PERPETUAL
Gate ARM_USDT
Phoenix ARM
Injective ARM/USDC PERP
Variational Omni ARM
Binance ARMUSDT
Polymarket Perps ARM-USD
Extended ARM-USD
tradeXYZ xyz:ARM
Bitget ARMUSDT
KuCoin ARMUSDTM