Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h +0.041%
Price spread now: Binance against Ondo Perps−0.037%56s7-day average +0.128% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.324%+$32 · spread now −0.037%, 7d avg +0.128%
=Together, before fees+0.255%+ Points / potential airdropOndo Perps: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.164% cheaper against Ondo Perps than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.128%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ARM-USD.P | 327.48 | 0.0050 | pay 0.0006% / 1h | 36m 50s | $202K | $405K | 10x |
| Short | Binance ARMUSDT | 327.36 | 0.0031 | get 0.0031% / 8h | 4h 36m | $8.6M | $50.0M | 20x |
Ondo Perps ARM-USD.P
Binance ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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
- −$4.03
- Price spread: −0.037% → +0.128%
- −$16.42
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.45
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 5 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 0.76 bp | 12.2 bp −$12 | 35.2 bp −$352 | 109.9 bp −$11.0K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0557% | 4h | 327.36 | −0.036% | $35K | $347K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 327.44 | −0.013% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.36 | −0.037% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.28 | −0.061% | $1.7M | $6.7M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 327.44 | −0.012% | $212K | $308K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.54 | +0.018% | $675 | $196K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.35 | −0.040% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.05 | −0.131% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 327.43 | −0.015% | $1.1M | $4.0M | 10x | as long as short |
| BloFin ARM-USDT | +0.0026% | 8h | 327.35 | −0.040% | $128K | $49K | 20x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARMUSDTshort | +0.0031% | 8h | 327.36 | −0.037% | $8.6M | $50.0M | 20x | |
| Lighter ARM | +0.0032% | 1h | 327.18 | −0.092% | — | — | 10x | as long as short |
| Extended ARM-USD | +0.0032% | 1h | 327.40 | −0.024% | $39K | $271K | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.64 | +0.049% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 327.30 | −0.055% | $8.3M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.33 | −0.046% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Plong | +0.0050% | 1h | 327.48 | long leg | $202K | $405K | 10x | |
| Bitget ARMUSDT | +0.0075% | 8h | 327.59 | +0.034% | $1.8M | $3.9M | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 327.37 | −0.034% | $98K | $301K | 10x | as long as short |
| Gate ARM_USDT | +0.0113% | 8h | 327.70 | +0.067% | $1.5M | $4.3M | 50x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 327.36 | −0.037% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.69 | +0.980% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0449% | 8h | 327.44 | −0.012% | $2.3M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0789% | 1h | 327.50 | +0.006% | $12K | $125K | 10x | as long as short |
Lighter ARM
Extended ARM-USD
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Bitget ARMUSDT
Coinbase International ARM-PERP-INTX
Gate ARM_USDT
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL