Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h +0.108%
Price spread now: Deribit against Ondo Perps−0.101%7-day average +0.075% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.101%, 7d avg +0.075%
=Together, before fees+0.077%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.176% cheaper against Ondo Perps than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ARM-USD.P | 327.16 | 0.0050 | pay 0.0006% / 1h | 21m 08s | $200K | $412K | 10x |
| Short | Deribit ARM_USDC-PERPETUAL | 326.83 | 0.0056 | get 0.0007% / 1h | 21m 08s | $12K | $92K | 10x |
Ondo Perps ARM-USD.P
Deribit ARM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $1.19
- Price spread: −0.101% → +0.075%
- −$17.58
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$28.4
- Costs to cover
- 0.120%
- Break-even
- 174.2 days
Slippage unknown: Ondo Perps: no order-book sample; Deribit: live order book, 37 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 Deribit live order book, 37 min ago | 0.15 bp | 14.4 bp −$14 | 20.3 bp −$203 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0005% | 8h | 326.90 | −0.079% | $127K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 327.06 | −0.030% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 326.82 | −0.104% | $39K | $267K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 326.86 | −0.092% | $8.6M | $50.0M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 326.84 | −0.098% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 326.89 | −0.083% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 327.15 | −0.003% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 326.48 | −0.208% | $212K | $304K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.06 | −0.032% | $720 | $199K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 326.91 | −0.076% | $1K | $2.7M | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 326.68 | −0.147% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 327.05 | −0.034% | $1.1M | $3.9M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 326.69 | −0.144% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.33 | +0.052% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 326.85 | −0.095% | $8.2M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.00 | −0.049% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Plong | +0.0050% | 1h | 327.16 | long leg | $200K | $412K | 10x | |
| Deribit ARM_USDC-PERPETUALshort | +0.0056% | 1h | 326.83 | −0.101% | $12K | $92K | 10x | |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 326.96 | −0.061% | $98K | $306K | 10x | as long as short |
| Gate ARM_USDT | +0.0092% | 8h | 327.03 | −0.040% | $1.5M | $4.3M | 50x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 326.80 | −0.110% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.69 | +1.079% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0378% | 8h | 326.91 | −0.076% | $2.3M | $118K | 20x | as long as short |
| edgeX ARMUSDC | +0.0741% | 4h | 327.03 | −0.041% | $35K | $348K | 10x | as long as short |
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Coinbase International ARM-PERP-INTX
Gate ARM_USDT
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
edgeX ARMUSDC