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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARMUSDT320.39−0.0878get 0.0878% / 8h1h 16m$1.7M$4.0M20x
ShortOndo Perps ARM-USD.P320.270.0050get 0.0006% / 1h16m 52s$185K$433K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago4.37 bp12.8 bp −$1321.1 bp −$21157.1 bp −$5,715doesn'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
Bitget ARMUSDTlong−0.0878%8h320.39long leg$1.7M$4.0M20x
edgeX ARMUSDC−0.0041%4h320.13−0.081%$34K$353K10xas long as short
BloFin ARM-USDT−0.0024%8h320.33−0.019%$121K$51K20xas long as short
Aster ARMUSDT0.0000%8h320.25−0.043%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h320.23−0.049%$36K$267K10xas long as short
Binance ARMUSDT0.0000%8h320.34−0.014%$8.3M$50.4M20xas long as short
Bybit ARMUSDT0.0000%8h320.42+0.009%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.28−0.034%$1.6M$6.6M20xas long as short
Gate ARM_USDT0.0000%8h320.46+0.022%$1.4M$4.2M50xas long as short
Variational Omni ARM0.0000%8h320.61+0.070%$184K$281Kas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ARM_USDT_Perp0.0000%8h320.24−0.047%$932$230K10xas long as short
SunX ARM-USDT0.0000%8h320.45+0.019%$1K$2.5M10xas long as short
HTX ARM-USDT0.0000%8h320.01−0.119%$18K$16K20xas long as short
QFEX ARM-USD+0.0021%1h320.43+0.012%$1.1M$3.5M10xas long as short
Lighter ARM+0.0032%1h319.96−0.134%10xas long as short
Vest ARM-USD-PERP+0.0046%1h320.60+0.066%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.46+0.022%$371K$1.3M10xas long as short
Ondo Perps ARM-USD.Pshort+0.0050%1h320.27−0.037%$185K$433K10x
KuCoin ARMUSDTM+0.0100%8h320.32−0.022%$2.3M$119K20xas long as short
tradeXYZ xyz:ARM+0.0173%1h320.17−0.069%$8.2M$8.7M10xas long as short
Phoenix ARM+0.0199%1h320.50+0.034%$5K$444K10xas long as short
Coinbase International ARM-PERP-INTX+0.0200%1h320.05−0.106%$99K$292K10xas long as short
Injective ARM/USDC PERP+0.0220%1h323.28+0.902%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0374%1h320.54+0.047%$12K$59K10xas long as short