Funding you earn now, next payment 12:00 UTC−0.0617%/8h= −67.5% APRpaid last 24h +0.072%
Price spread now: Ondo Perps against edgeX−0.099%7-day average −0.068% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.099%, 7d avg −0.068%
=Together, before fees+0.182%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Ondo Perps is 0.030% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.068%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.126%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.126% in total (about 6.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARMUSDC | 320.89 | 0.0667 | pay 0.0334% / 4h | 43m 29s | $34K | $367K | 10x |
| Short | Ondo Perps ARM-USD.P | 320.57 | 0.0050 | get 0.0006% / 1h | 43m 29s | $183K | $439K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against edgeX. 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
- −$129.54
- Price spread: −0.099% → −0.068%
- −$3.04
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$146.58
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 63 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 edgeX live order book, 63 min ago | 4.82 bp | 15.0 bp −$15 | 89.7 bp −$897 | doesn't fit | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0018% | 8h | 320.83 | −0.018% | $129K | $58K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.60 | +0.224% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.56 | +0.210% | $31K | $330K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.62 | +0.230% | $8.2M | $50.7M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.59 | +0.219% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.57 | +0.213% | $1.7M | $6.3M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.71 | +0.256% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 321.43 | +0.169% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.57 | −0.099% | $186K | $219K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.11 | +0.069% | $1K | $2.0M | 10x | as long as short |
Show all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 320.75 | −0.043% | $18K | $10K | 20x | as long as short |
| QFEX ARM-USD | +0.0027% | 1h | 321.28 | +0.122% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.26 | +0.116% | — | — | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0033% | 1h | 322.26 | +0.428% | $3K | $60K | 12x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.58 | +0.216% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.57 | +0.213% | $362K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Pshort | +0.0050% | 1h | 320.57 | −0.099% | $183K | $439K | 10x | |
| Coinbase International ARM-PERP-INTX | +0.0056% | 1h | 320.31 | −0.180% | $94K | $275K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0112% | 1h | 321.50 | +0.191% | $8.3M | $8.7M | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0131% | 8h | 320.86 | −0.008% | $321 | $264K | 10x | as long as short |
| Phoenix ARM | +0.0149% | 1h | 320.89 | +0.001% | $8K | $424K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0178% | 8h | 321.68 | +0.247% | $2.3M | $337K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0403% | 1h | 321.65 | +0.238% | $12K | $52K | 10x | as long as short |
| edgeX ARMUSDClong | +0.0667% | 4h | 320.89 | long leg | $34K | $367K | 10x |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Injective ARM/USDC PERP
Polymarket Perps ARM-USD
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
GRVT ARM_USDT_Perp
Phoenix ARM
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL