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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.021%
Price spread now: Bitget against Ondo Perps+0.022%7-day average +0.087% · 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+0.090%+$9 on $10k
Price spread, last 4 days (all we have)+0.153%+$15 · spread now +0.022%, 7d avg +0.087%
Together, before fees+0.243%+ Points / potential airdropOndo Perps: Active · farm board+$24 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 Bitget is 0.065% cheaper against Ondo Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.087%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.090%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ARM-USD.P322.860.0050pay 0.0006% / 1h27m 52s$210K$549K10x
ShortBitget ARMUSDT322.930get 0.0000% / 8h2h 27m$1.7M$4.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
−$10.58
Price spread: +0.022% → +0.087%
−$6.52
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$34.1
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Bitget live order book, 5 min ago3.72 bp16.8 bp −$1731.3 bp −$31375.9 bp −$7,592doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ARMUSDT0.0000%8h322.53−0.103%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h322.98+0.037%$39K$188K10xas long as short
Binance ARMUSDT0.0000%8h323.00+0.044%$8.5M$51.0M20xas long as short
Bybit ARMUSDT0.0000%8h322.80−0.019%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.84−0.006%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h323.05+0.059%$1.5M$4.0M50xas long as short
Bitget ARMUSDTshort0.0000%8h322.93+0.022%$1.7M$4.2M20x
Variational Omni ARM0.0000%8h322.89+0.009%$276K$460Kas long as short
GRVT ARM_USDT_Perp0.0000%8h322.89+0.010%$342$215K10xas long as short
SunX ARM-USDT0.0000%8h322.67−0.059%$1K$3.2M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h323.35+0.152%$18K$16K20xas long as short
BloFin ARM-USDT+0.0006%8h322.82−0.012%$122K$43K20xas long as short
Coinbase International ARM-PERP-INTX+0.0024%1h322.84−0.006%$91K$278K10xas long as short
Lighter ARM+0.0032%1h322.65−0.065%10xas long as short
QFEX ARM-USD+0.0035%1h322.96+0.031%$1.1M$4.6M10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.92+0.019%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.88+0.006%$377K$1.4M10xas long as short
Ondo Perps ARM-USD.Plong+0.0050%1h322.86long leg$210K$549K10x
tradeXYZ xyz:ARM+0.0065%1h322.85−0.003%$7.6M$9.8M10xas long as short
KuCoin ARMUSDTM+0.0100%8h323.25+0.121%$2.3M$117K20xas long as short
Phoenix ARM+0.0149%1h322.76−0.031%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h325.90+0.942%$5K$52K12xas long as short
edgeX ARMUSDC+0.0421%4h322.99+0.040%$34K$348K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0618%1h322.99+0.040%$12K$144K10xas long as short