Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.016%
Price spread now: Variational Omni against Ondo Perps+0.056%7-day average +0.071% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.056%, 7d avg +0.071%
=Together, before fees−0.125%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.071%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ARM-USD.P | 327.38 | 0.0050 | pay 0.0006% / 1h | 44m 28s | $202K | $397K | 10x |
| Short | Variational Omni ARM | 327.56 | 0 | get 0.0000% / 8h | 4h 44m | $212K | $309K | — |
Ondo Perps ARM-USD.P
Variational Omni ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$10.58
- Price spread: +0.056% → +0.071%
- −$1.48
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$17.07
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 15 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 Variational Omni RFQ quote, 15 min ago | 5.84 bp | doesn't fit | 65.5 bp −$655 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0355% | 4h | 327.31 | −0.023% | $35K | $348K | 10x | as long as short |
| BloFin ARM-USDT | −0.0029% | 8h | 327.38 | 0.000% | $128K | $49K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 327.30 | −0.024% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.46 | +0.024% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.45 | +0.021% | $1.7M | $6.7M | 20x | as long as short |
| Variational Omni ARMshort | 0.0000% | 8h | 327.56 | +0.056% | $212K | $309K | — | |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.32 | −0.017% | $736 | $194K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.40 | +0.006% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 326.94 | −0.134% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 327.49 | +0.034% | $1.1M | $4.0M | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 327.23 | −0.046% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.73 | +0.107% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.76 | +0.116% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Plong | +0.0050% | 1h | 327.38 | long leg | $202K | $397K | 10x | |
| tradeXYZ xyz:ARM | +0.0051% | 1h | 327.48 | +0.031% | $8.3M | $8.8M | 10x | as long as short |
| Binance ARMUSDT | +0.0051% | 8h | 327.41 | +0.010% | $8.6M | $50.0M | 20x | as long as short |
| Extended ARM-USD | +0.0056% | 1h | 327.30 | −0.024% | $39K | $271K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 327.37 | −0.003% | $98K | $301K | 10x | as long as short |
| Gate ARM_USDT | +0.0119% | 8h | 327.73 | +0.107% | $1.5M | $4.3M | 50x | as long as short |
| Bitget ARMUSDT | +0.0146% | 8h | 327.58 | +0.061% | $1.8M | $3.9M | 20x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 327.67 | +0.089% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.08 | +1.436% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0487% | 8h | 327.52 | +0.043% | $2.3M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0514% | 1h | 327.53 | +0.046% | $12K | $125K | 10x | as long as short |
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
Binance ARMUSDT
Extended ARM-USD
Coinbase International ARM-PERP-INTX
Gate ARM_USDT
Bitget ARMUSDT
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL