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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0105%/8h= −11.5% APRnext payment $0.13 per $10,000 · paid last 24h −0.035%
Price spread now: Ondo Perps against tradeXYZ+0.034%7-day average −0.059% · you sell dearer than you buy
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−0.067%−$7 on $10k
Price spread, last 4 days (all we have)−0.235%−$23 · spread now +0.034%, 7d avg −0.059%
Together, before fees−0.301%+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.093% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.059%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.067% in total) that is about 9.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:ARM326.180.0155pay 0.0019% / 1h14m 15s$8.1M$9.7M10x
ShortOndo Perps ARM-USD.P326.290.0050get 0.0006% / 1h14m 15s$209K$555K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against tradeXYZ. 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
−$21.98
Price spread: +0.034% → −0.059%
$9.3
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$35.68
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 4 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 4 min ago1.38 bp12.0 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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−0.0943%4h326.73+0.170%$35K$352K10xas long as short
Aster ARMUSDT0.0000%8h326.10−0.026%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h326.29+0.034%$2.0M$2.4M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h326.12−0.018%$1.7M$6.7M20xas long as short
Bitget ARMUSDT0.0000%8h326.22+0.012%$1.8M$4.2M20xas long as short
SunX ARM-USDT0.0000%8h326.71+0.162%$1K$3.1M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h326.44+0.080%$12K$145K10xas long as short
HTX ARM-USDT0.0000%8h327.05+0.267%$18K$17K20xas long as short
Coinbase International ARM-PERP-INTX+0.0016%1h326.55+0.113%$89K$289K10xas long as short
BloFin ARM-USDT+0.0017%8h326.75+0.175%$124K$45K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARM+0.0032%1h326.44+0.080%10xas long as short
QFEX ARM-USD+0.0033%1h326.55+0.113%$1.1M$4.8M10xas long as short
Vest ARM-USD-PERP+0.0046%1h326.84+0.202%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h326.64+0.141%$383K$2.1M10xas long as short
Ondo Perps ARM-USD.Pshort+0.0050%1h326.29+0.034%$209K$555K10x
Gate ARM_USDT+0.0066%8h326.49+0.095%$1.5M$4.1M50xas long as short
tradeXYZ xyz:ARMlong+0.0155%1h326.18long leg$8.1M$9.7M10x
Variational Omni ARM+0.0183%8h326.72+0.166%$213K$523Kas long as short
Injective ARM/USDC PERP+0.0220%1h330.15+1.217%$5K$52K12xas long as short
Phoenix ARM+0.0271%1h326.98+0.245%$5K$460K10xas long as short
Extended ARM-USD+0.0320%1h326.23+0.015%$39K$188K10xas long as short
Binance ARMUSDT+0.0320%8h326.23+0.015%$8.6M$51.0M20xas long as short
GRVT ARM_USDT_Perp+0.0358%8h326.79+0.187%$471$199K10xas long as short
KuCoin ARMUSDTM+0.0668%8h326.70+0.159%$2.3M$120K20xas long as short