Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.041%
Price spread now: Binance against Ondo Perps+0.028%7-day average +0.128% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.259%+$26 · spread now +0.028%, 7d avg +0.128%
=Together, before fees+0.190%+ Points / potential airdropOndo Perps: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.099% cheaper against Ondo Perps than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.128%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ARM-USD.P | 324.66 | 0.0050 | pay 0.0006% / 1h | 52m 23s | $196K | $414K | 10x |
| Short | Binance ARMUSDT | 324.75 | 0 | get 0.0000% / 8h | 3h 52m | $8.5M | $50.2M | 20x |
Ondo Perps ARM-USD.P
Binance ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 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: +0.028% → +0.128%
- −$9.93
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.52
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 5 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 Binance live order book, 5 min ago | 0.31 bp | 7.4 bp −$7 | 32.3 bp −$323 | 95.8 bp −$9,582 | 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 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 | −0.0310% | 4h | 324.99 | +0.101% | $34K | $348K | 10x | as long as short |
| BloFin ARM-USDT | −0.0022% | 8h | 324.83 | +0.052% | $127K | $49K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.34 | +0.209% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 324.77 | +0.035% | $41K | $271K | 10x | as long as short |
| Binance ARMUSDTshort | 0.0000% | 8h | 324.75 | +0.028% | $8.5M | $50.2M | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 324.77 | +0.034% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 324.65 | −0.003% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.02 | +0.111% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 325.71 | +0.323% | $211K | $296K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 326.04 | +0.425% | $544 | $206K | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 324.88 | +0.068% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.37 | +0.219% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 324.81 | +0.046% | $1.2M | $3.8M | 10x | as long as short |
| Gate ARM_USDT | +0.0020% | 8h | 325.05 | +0.120% | $1.5M | $4.3M | 50x | as long as short |
| Lighter ARM | +0.0032% | 1h | 324.68 | +0.006% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.98 | +0.099% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 324.74 | +0.025% | $8.2M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 324.70 | +0.012% | $376K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Plong | +0.0050% | 1h | 324.66 | long leg | $196K | $414K | 10x | |
| Phoenix ARM | +0.0123% | 1h | 325.11 | +0.139% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | −0.068% | $95K | $306K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +1.719% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0247% | 8h | 324.75 | +0.028% | $2.3M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0397% | 1h | 324.85 | +0.059% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Gate ARM_USDT
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL