Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h —

Price spread now: Lighter against Ondo Perps+0.093%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.093% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ARM-USD.P	322.13	0.0050	pay 0.0006% / 1h	8m 22s	$184K	$442K	10x
Short	Lighter ARM	322.43	0.0032	get 0.0004% / 1h	8m 22s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee LighterbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$3.86
Price spread: +0.093% → 0.000%: $9.31
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $0.45
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; Lighter: no order-book sample. 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 Lighter no order-book sample	—	—	—	—	—

Ondo Perps and Lighter: 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 exchanges

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	−0.0326%	4h	321.66	−0.145%	$35K	$362K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	322.26	+0.039%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	322.41	+0.087%	$33K	$325K	10x	as long as short
Binance ARMUSDT	0.0000%	8h	322.53	+0.123%	$8.2M	$50.5M	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	322.67	+0.168%	$1.9M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	322.42	+0.090%	$1.7M	$6.3M	20x	as long as short
Gate ARM_USDT	0.0000%	8h	322.59	+0.143%	$1.4M	$4.1M	50x	as long as short
Bitget ARMUSDT	0.0000%	8h	322.62	+0.152%	$1.7M	$4.2M	20x	as long as short
Variational Omni ARM	0.0000%	8h	322.44	+0.097%	$187K	$219K	—	as long as short
SunX ARM-USDT	0.0000%	8h	322.56	+0.133%	$1K	$2.1M	10x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	322.48	+0.109%	$12K	$53K	10x	as long as short
HTX ARM-USDT	0.0000%	8h	322.44	+0.096%	$18K	$11K	20x	as long as short
BloFin ARM-USDT	+0.0004%	8h	322.39	+0.081%	$128K	$56K	20x	as long as short
QFEX ARM-USD	+0.0019%	1h	322.53	+0.124%	$1.1M	$3.3M	10x	as long as short
Lighter ARMshort	+0.0032%	1h	322.43	+0.093%	—	—	10x
Vest ARM-USD-PERP	+0.0046%	1h	322.44	+0.096%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	322.50	+0.115%	$367K	$1.2M	10x	as long as short
Ondo Perps ARM-USD.Plong	+0.0050%	1h	322.13	long leg	$184K	$442K	10x
tradeXYZ xyz:ARM	+0.0075%	1h	322.50	+0.115%	$8.3M	$8.6M	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0096%	1h	320.69	−0.447%	$99K	$269K	10x	as long as short
KuCoin ARMUSDTM	+0.0206%	8h	322.43	+0.093%	$2.3M	$316K	20x	as long as short
Injective ARM/USDC PERP	+0.0207%	1h	322.26	+0.040%	$3K	$60K	12x	as long as short
Phoenix ARM	+0.0248%	1h	322.50	+0.115%	$8K	$424K	10x	as long as short
GRVT ARM_USDT_Perp	+0.0368%	8h	322.44	+0.095%	$406	$261K	10x	as long as short