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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against OKX+0.475%7-day average −0.073% · 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+0.116%+$12 on $10k
Price spread, last 4 days (all we have)−0.835%−$84 · spread now +0.475%, 7d avg −0.073%
Together, before fees−0.719%+ Points / potential airdropOndo Perps: Active · farm board−$72 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 0.548% dearer against OKX than usual: you sell high and buy low: +$55 more if the spread goes back to its 7-day average of −0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ARM-USDT-SWAP321.930get 0.0000% / 8h3h 26m$1.6M$6.7M20x
ShortOndo Perps ARM-USD.P323.460.0050get 0.0006% / 1h26m 46s$187K$416K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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: +0.475% → −0.073%
$54.79
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$50.37
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: OKX: live order book, 1 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 OKX live order book, 1 min ago3.57 bp16.4 bp −$1657.7 bp −$577doesn'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
Bitget ARMUSDT−0.0076%8h322.22+0.090%$1.8M$3.9M20xas long as short
BloFin ARM-USDT−0.0005%8h322.58+0.202%$123K$50K20xas long as short
Aster ARMUSDT0.0000%8h322.59+0.206%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h322.11+0.057%$37K$272K10xas long as short
Binance ARMUSDT0.0000%8h322.22+0.090%$8.3M$50.6M20xas long as short
Bybit ARMUSDT0.0000%8h322.27+0.106%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAPlong0.0000%8h321.93long leg$1.6M$6.7M20x
Gate ARM_USDT0.0000%8h322.39+0.143%$1.5M$4.4M50xas long as short
Variational Omni ARM0.0000%8h323.02+0.338%$208K$291Kas long as short
GRVT ARM_USDT_Perp0.0000%8h323.21+0.397%$268$212K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDT0.0000%8h322.65+0.224%$1K$2.6M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h322.63+0.217%$12K$59K10xas long as short
HTX ARM-USDT0.0000%8h323.47+0.478%$18K$16K20xas long as short
QFEX ARM-USD+0.0014%1h322.49+0.174%$1.1M$3.7M10xas long as short
Lighter ARM+0.0032%1h322.36+0.134%10xas long as short
Vest ARM-USD-PERP+0.0046%1h323.00+0.332%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.67+0.230%$374K$1.3M10xas long as short
Ondo Perps ARM-USD.Pshort+0.0050%1h323.46+0.475%$187K$416K10x
tradeXYZ xyz:ARM+0.0089%1h322.28+0.109%$8.1M$8.8M10xas long as short
Phoenix ARM+0.0123%1h323.47+0.478%$5K$446K10xas long as short
Coinbase International ARM-PERP-INTX+0.0128%1h322.84+0.283%$97K$309K10xas long as short
KuCoin ARMUSDTM+0.0166%8h322.42+0.152%$2.3M$119K20xas long as short
Injective ARM/USDC PERP+0.0220%1h327.18+1.631%$5K$50K12xas long as short
edgeX ARMUSDC+0.0870%4h323.29+0.422%$34K$348K10xas long as short