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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ARMUSDC320.890.0667pay 0.0334% / 4h43m 29s$34K$367K10x
ShortOndo Perps ARM-USD.P320.570.0050get 0.0006% / 1h43m 29s$183K$439K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 63 min ago4.82 bp15.0 bp −$1589.7 bp −$897doesn'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 exchanges

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−0.0018%8h320.83−0.018%$129K$58K20xas long as short
Aster ARMUSDT0.0000%8h321.60+0.224%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h321.56+0.210%$31K$330K10xas long as short
Binance ARMUSDT0.0000%8h321.62+0.230%$8.2M$50.7M20xas long as short
Bybit ARMUSDT0.0000%8h321.59+0.219%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h321.57+0.213%$1.7M$6.3M20xas long as short
Gate ARM_USDT0.0000%8h321.71+0.256%$1.4M$4.0M50xas long as short
Bitget ARMUSDT0.0000%8h321.43+0.169%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h320.57−0.099%$186K$219Kas long as short
SunX ARM-USDT0.0000%8h321.11+0.069%$1K$2.0M10xas long as short
Show all 24 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h320.75−0.043%$18K$10K20xas long as short
QFEX ARM-USD+0.0027%1h321.28+0.122%$1.1M$3.3M10xas long as short
Lighter ARM+0.0032%1h321.26+0.116%10xas long as short
Injective ARM/USDC PERP+0.0033%1h322.26+0.428%$3K$60K12xas long as short
Vest ARM-USD-PERP+0.0046%1h321.58+0.216%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h321.57+0.213%$362K$1.3M10xas long as short
Ondo Perps ARM-USD.Pshort+0.0050%1h320.57−0.099%$183K$439K10x
Coinbase International ARM-PERP-INTX+0.0056%1h320.31−0.180%$94K$275K10xas long as short
tradeXYZ xyz:ARM+0.0112%1h321.50+0.191%$8.3M$8.7M10xas long as short
GRVT ARM_USDT_Perp+0.0131%8h320.86−0.008%$321$264K10xas long as short
Phoenix ARM+0.0149%1h320.89+0.001%$8K$424K10xas long as short
KuCoin ARMUSDTM+0.0178%8h321.68+0.247%$2.3M$337K20xas long as short
Deribit ARM_USDC-PERPETUAL+0.0403%1h321.65+0.238%$12K$52K10xas long as short
edgeX ARMUSDClong+0.0667%4h320.89long leg$34K$367K10x