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 −0.066%
Price spread now: SunX against Ondo Perps−0.192%7-day average +0.056% · 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−0.179%−$18 on $10k
Price spread, last 3 days (all we have)+0.101%+$10 · spread now −0.192%, 7d avg +0.056%
Together, before fees−0.077%+ Points / potential airdropOndo Perps: Active · farm board−$8 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 SunX is 0.248% cheaper against Ondo Perps than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ARM-USD.P322.970.0050pay 0.0006% / 1h1h 00m$210K$549K10x
ShortSunX ARM-USDT322.350get 0.0000% / 8h2h 00m$1K$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.192% → +0.056%
−$24.76
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$48.34
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: 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 SunX live order book, 8 min ago500.23 bpdoesn't fitdoesn't fitdoesn'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
edgeX ARMUSDC−0.0143%4h323.02+0.014%$34K$348K10xas long as short
Aster ARMUSDT0.0000%8h322.57−0.123%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h322.72−0.078%$39K$188K10xas long as short
Binance ARMUSDT0.0000%8h322.75−0.068%$8.5M$51.1M20xas long as short
Bybit ARMUSDT0.0000%8h322.94−0.009%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.70−0.084%$1.6M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h322.74−0.071%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h322.85−0.036%$276K$460Kas long as short
SunX ARM-USDTshort0.0000%8h322.35−0.192%$1K$3.2M10x
HTX ARM-USDT0.0000%8h322.66−0.096%$18K$16K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ARM_USDT+0.0017%8h322.89−0.025%$1.5M$4.0M50xas long as short
Coinbase International ARM-PERP-INTX+0.0024%1h322.79−0.056%$91K$282K10xas long as short
BloFin ARM-USDT+0.0028%8h323.06+0.028%$123K$44K20xas long as short
GRVT ARM_USDT_Perp+0.0030%8h323.11+0.043%$824$214K10xas long as short
Lighter ARM+0.0032%1h322.50−0.146%10xas long as short
QFEX ARM-USD+0.0035%1h322.70−0.084%$1.1M$4.6M10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.76−0.065%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.64−0.102%$374K$1.5M10xas long as short
Ondo Perps ARM-USD.Plong+0.0050%1h322.97long leg$210K$549K10x
tradeXYZ xyz:ARM+0.0074%1h322.73−0.074%$7.6M$9.9M10xas long as short
KuCoin ARMUSDTM+0.0140%8h323.12+0.046%$2.3M$118K20xas long as short
Phoenix ARM+0.0149%1h323.08+0.034%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h326.29+1.028%$5K$52K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0494%1h322.85−0.037%$12K$145K10xas long as short