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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.012%
Price spread now: Coinbase International against Ondo Perps−0.037%7-day average +0.039% · 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+0.092%+$9 on $10k
Price spread, last 4 days (all we have)−0.130%−$13 · spread now −0.037%, 7d avg +0.039%
Together, before fees−0.039%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.076% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.039%). If the spread goes back, that is −$8 on $10k: about 6.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ARM-USD.P327.080.0050pay 0.0006% / 1h22m 42s$200K$412K10x
ShortCoinbase International ARM-PERP-INTX326.960.0088get 0.0011% / 1h22m 42s$98K$306K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$7.9
Price spread: −0.037% → +0.039%
−$7.57
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$14.68
Costs to cover
0.150%
Break-even
20.0 days
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 35 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 Coinbase International live order book, 35 min ago4.72 bp11.3 bp −$1120.3 bp −$203doesn'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-USDT−0.0002%8h326.90−0.055%$127K$50K20xas long as short
Aster ARMUSDT0.0000%8h327.30+0.067%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h327.12+0.011%$39K$267K10xas long as short
Binance ARMUSDT0.0000%8h327.20+0.037%$8.6M$50.0M20xas long as short
Bybit ARMUSDT0.0000%8h327.080.000%$2.0M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h327.10+0.006%$1.7M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h327.19+0.034%$1.8M$3.9M20xas long as short
Variational Omni ARM0.0000%8h326.48−0.184%$212K$304Kas long as short
GRVT ARM_USDT_Perp0.0000%8h327.24+0.049%$275$199K10xas long as short
SunX ARM-USDT0.0000%8h326.84−0.073%$1K$2.7M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h326.68−0.122%$18K$16K20xas long as short
QFEX ARM-USD+0.0025%1h327.04−0.012%$1.1M$3.9M10xas long as short
Lighter ARM+0.0032%1h326.98−0.031%10xas long as short
Vest ARM-USD-PERP+0.0046%1h327.02−0.018%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h327.04−0.012%$8.2M$8.8M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h326.91−0.052%$379K$1.3M10xas long as short
Ondo Perps ARM-USD.Plong+0.0050%1h327.08long leg$200K$412K10x
Coinbase International ARM-PERP-INTXshort+0.0088%1h326.96−0.037%$98K$306K10x
Gate ARM_USDT+0.0094%8h327.33+0.076%$1.5M$4.3M50xas long as short
edgeX ARMUSDC+0.0147%4h326.51−0.173%$35K$348K10xas long as short
Phoenix ARM+0.0195%1h326.80−0.086%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h330.69+1.104%$5K$50K12xas long as short
KuCoin ARMUSDTM+0.0383%8h327.13+0.015%$2.3M$118K20xas long as short
Deribit ARM_USDC-PERPETUAL+0.1313%1h326.91−0.052%$12K$92K10xas long as short