Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Aster against Ondo Perps+0.037%7-day average +0.036% · you sell dearer than you buy

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

Long on Ondo Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.179%−$18 on $10k

Price spread, last 4 days (all we have)+0.181%+$18 · spread now +0.037%, 7d avg +0.036%

Together, before fees+0.002%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ARM-USD.P	328.74	0.0050	pay 0.0006% / 1h	26m 23s	$204K	$406K	10x
Short	Aster ARMUSDT	328.86	0	get 0.0000% / 8h	6h 26m	$7K	$126K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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 Ondo PerpsbpFee AsterbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$10.58
Price spread: +0.037% → +0.036%: $0.08
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$23.51
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 40 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Aster live order book, 40 min ago	45.82 bp	127.2 bp −$127	doesn't fit	doesn't fit	doesn't fit

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 23 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
Coinbase International ARM-PERP-INTX	−0.0024%	1h	328.06	−0.207%	$99K	$287K	10x	as long as short
Aster ARMUSDTshort	0.0000%	8h	328.86	+0.037%	$7K	$126K	20x
Bybit ARMUSDT	0.0000%	8h	328.95	+0.064%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	329.18	+0.134%	$1.7M	$6.7M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	328.85	+0.034%	$408	$186K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.74	0.000%	$1K	$2.9M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	328.60	−0.043%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0015%	1h	328.76	+0.006%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	328.62	−0.037%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	328.99	+0.076%	—	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ARM	+0.0050%	1h	329.01	+0.082%	$8.3M	$9.0M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	328.85	+0.033%	$381K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.Plong	+0.0050%	1h	328.74	long leg	$204K	$406K	10x
Phoenix ARM	+0.0121%	1h	328.39	−0.106%	$5K	$444K	10x	as long as short
Variational Omni ARM	+0.0142%	8h	329.17	+0.129%	$214K	$333K	—	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0146%	1h	328.66	−0.024%	$12K	$125K	10x	as long as short
Gate ARM_USDT	+0.0176%	8h	329.30	+0.170%	$1.5M	$4.2M	50x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	331.58	+0.864%	$5K	$50K	12x	as long as short
Binance ARMUSDT	+0.0266%	8h	329.00	+0.078%	$8.7M	$50.5M	20x	as long as short
Extended ARM-USD	+0.0272%	1h	328.83	+0.029%	$36K	$274K	10x	as long as short
Bitget ARMUSDT	+0.0522%	8h	329.05	+0.094%	$1.8M	$3.8M	20x	as long as short
edgeX ARMUSDC	+0.0751%	4h	328.45	−0.090%	$35K	$344K	10x	as long as short
KuCoin ARMUSDTM	+0.0793%	8h	329.05	+0.094%	$2.4M	$121K	20x	as long as short