Funding you earn now, next payment 07:00 UTC+0.0928%/8h= +101.7% APRpaid last 24h −0.030%
Price spread now: Ondo Perps against Bitget−0.037%50s7-day average −0.089% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.037%, 7d avg −0.089%
=Together, before fees−0.142%+ Points / potential airdropOndo Perps: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Ondo Perps is 0.051% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.089%. Mind the row above: over the last 7 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARMUSDT | 320.39 | −0.0878 | get 0.0878% / 8h | 1h 16m | $1.7M | $4.0M | 20x |
| Short | Ondo Perps ARM-USD.P | 320.27 | 0.0050 | get 0.0006% / 1h | 16m 52s | $185K | $433K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bitget. 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
- $194.96
- Price spread: −0.037% → −0.089%
- $5.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $183.08
- Costs to cover
- 0.170%
- Break-even
- 0.4 days
Slippage unknown: Bitget: live order book, 1 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 4.37 bp | 12.8 bp −$13 | 21.1 bp −$211 | 57.1 bp −$5,715 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDTlong | −0.0878% | 8h | 320.39 | long leg | $1.7M | $4.0M | 20x | |
| edgeX ARMUSDC | −0.0041% | 4h | 320.13 | −0.081% | $34K | $353K | 10x | as long as short |
| BloFin ARM-USDT | −0.0024% | 8h | 320.33 | −0.019% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.25 | −0.043% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.23 | −0.049% | $36K | $267K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.34 | −0.014% | $8.3M | $50.4M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.42 | +0.009% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.28 | −0.034% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.46 | +0.022% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.61 | +0.070% | $184K | $281K | — | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.24 | −0.047% | $932 | $230K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 320.45 | +0.019% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.01 | −0.119% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 320.43 | +0.012% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.96 | −0.134% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.60 | +0.066% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.46 | +0.022% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Pshort | +0.0050% | 1h | 320.27 | −0.037% | $185K | $433K | 10x | |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.32 | −0.022% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0173% | 1h | 320.17 | −0.069% | $8.2M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 320.50 | +0.034% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 320.05 | −0.106% | $99K | $292K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.28 | +0.902% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0374% | 1h | 320.54 | +0.047% | $12K | $59K | 10x | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL