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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.019%
Price spread now: BloFin against Ondo Perps−0.079%7-day average +0.051% · you buy dearer than you sell
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−0.129%−$13 on $10k
Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.079%, 7d avg +0.051%
Together, before fees−0.191%+ 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 BloFin is 0.131% cheaper against Ondo Perps than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ARM-USD.P327.160.0050pay 0.0006% / 1h20m 48s$200K$412K10x
ShortBloFin ARM-USDT326.90−0.0005pay 0.0005% / 8h4h 20m$127K$50K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$11.71
Price spread: −0.079% → +0.051%
−$13.09
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$41.8
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 8 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 BloFin live order book, 8 min ago0.15 bp9.2 bp −$923.8 bp −$238doesn't fitdoesn'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
BloFin ARM-USDTshort−0.0005%8h326.90−0.079%$127K$50K20x
Aster ARMUSDT0.0000%8h326.87−0.090%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h326.79−0.112%$39K$267K10xas long as short
Binance ARMUSDT0.0000%8h326.91−0.076%$8.6M$50.0M20xas long as short
Bybit ARMUSDT0.0000%8h326.84−0.098%$2.0M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h326.89−0.083%$1.7M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h327.15−0.003%$1.8M$3.9M20xas long as short
Variational Omni ARM0.0000%8h327.01−0.046%$212K$303Kas long as short
GRVT ARM_USDT_Perp0.0000%8h327.06−0.032%$720$199K10xas long as short
SunX ARM-USDT0.0000%8h326.91−0.076%$1K$2.7M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h326.68−0.147%$18K$16K20xas long as short
QFEX ARM-USD+0.0025%1h327.05−0.034%$1.1M$3.9M10xas long as short
Lighter ARM+0.0032%1h326.69−0.144%10xas long as short
Vest ARM-USD-PERP+0.0046%1h327.33+0.052%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h326.84−0.098%$8.2M$8.8M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h327.00−0.049%$379K$1.3M10xas long as short
Ondo Perps ARM-USD.Plong+0.0050%1h327.16long leg$200K$412K10x
Deribit ARM_USDC-PERPETUAL+0.0056%1h326.83−0.101%$12K$92K10xas long as short
Coinbase International ARM-PERP-INTX+0.0088%1h326.96−0.061%$98K$306K10xas long as short
Gate ARM_USDT+0.0092%8h327.03−0.040%$1.5M$4.3M50xas long as short
Phoenix ARM+0.0195%1h326.80−0.110%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h330.69+1.079%$5K$50K12xas long as short
KuCoin ARMUSDTM+0.0378%8h326.96−0.061%$2.3M$118K20xas long as short
edgeX ARMUSDC+0.0741%4h327.03−0.041%$35K$348K10xas long as short