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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0154%/8h= −16.9% APRpaid last 24h −0.014%
Price spread now: Ondo Perps against Variational Omni+0.235%7-day average −0.069% · 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 3 days (all we have)+0.049%+$5 on $10k
Price spread, last 3 days (all we have)−0.241%−$24 · spread now +0.235%, 7d avg −0.069%
Together, before fees−0.192%+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.304% dearer against Variational Omni than usual: you sell high and buy low (spread +0.235% now, against its 7-day average of −0.069%): +$30 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 6.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ARM330.030.0205pay 0.0205% / 8h7h 10m$214K$526K
ShortOndo Perps ARM-USD.P330.800.0050get 0.0006% / 1h10m 18s$204K$528K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Variational Omni. 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
−$32.37
Price spread: +0.235% → −0.069%
$30.36
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$7.01
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 64 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 Variational Omni RFQ quote, 64 min ago2.65 bpdoesn't fit83.9 bp −$839doesn'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
BloFin ARM-USDT−0.0007%8h329.99−0.011%$127K$46K20xas long as short
Aster ARMUSDT0.0000%8h329.92−0.032%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h330.55+0.159%$2.0M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h330.53+0.153%$1.7M$6.7M20xas long as short
SunX ARM-USDT0.0000%8h330.11+0.026%$1K$2.9M10xas long as short
HTX ARM-USDT0.0000%8h330.51+0.147%$18K$16K20xas long as short
QFEX ARM-USD+0.0026%1h330.29+0.080%$1.1M$4.6M10xas long as short
Lighter ARM+0.0032%1h329.92−0.032%10xas long as short
Vest ARM-USD-PERP+0.0046%1h330.46+0.132%10xas long as short
Coinbase International ARM-PERP-INTX+0.0048%1h329.87−0.047%$90K$285K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ARM-USD.Pshort+0.0050%1h330.80+0.235%$204K$528K10x
Polymarket Perps ARM-USD+0.0076%1h330.40+0.113%$383K$1.3M10xas long as short
tradeXYZ xyz:ARM+0.0111%1h330.37+0.104%$8.4M$8.9M10xas long as short
GRVT ARM_USDT_Perp+0.0130%8h330.81+0.237%$506$189K10xas long as short
Phoenix ARM+0.0197%1h330.46+0.132%$5K$460K10xas long as short
Variational Omni ARMlong+0.0205%8h330.03long leg$214K$526K
Injective ARM/USDC PERP+0.0220%1h333.61+1.086%$5K$50K12xas long as short
Gate ARM_USDT+0.0307%8h330.45+0.129%$1.5M$4.1M50xas long as short
edgeX ARMUSDC+0.0332%4h330.23+0.062%$35K$354K10xas long as short
Binance ARMUSDT+0.0350%8h330.57+0.164%$8.9M$50.4M20xas long as short
Extended ARM-USD+0.0352%1h330.39+0.112%$38K$273K10xas long as short
KuCoin ARMUSDTM+0.0814%8h330.71+0.207%$2.4M$116K20xas long as short
Bitget ARMUSDT+0.0868%8h330.57+0.165%$1.8M$3.9M20xas long as short
Deribit ARM_USDC-PERPETUAL+0.1296%1h330.46+0.132%$12K$125K10xas long as short