Funding you earn now, next payment 07:00 UTC−0.0924%/8h= −101.2% APRpaid last 24h +0.030%
Price spread now: Bitget against Ondo Perps−0.031%7-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)+0.130%+$13 · spread now −0.031%, 7d avg +0.089%
=Together, before fees+0.211%+ Points / potential airdropOndo Perps: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Bitget is 0.120% cheaper against Ondo Perps than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.089%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.081%, 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 0.081% 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 | Ondo Perps ARM-USD.P | 320.16 | 0.0050 | pay 0.0006% / 1h | 15m 51s | $183K | $431K | 10x |
| Short | Bitget ARMUSDT | 320.06 | −0.0874 | pay 0.0874% / 8h | 1h 15m | $1.7M | $4.0M | 20x |
Ondo Perps ARM-USD.P
Bitget ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$194.12
- Price spread: −0.031% → +0.089%
- −$11.99
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$223.11
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 4.37 bp | 14.4 bp −$14 | 30.2 bp −$302 | 78.1 bp −$7,807 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDTshort | −0.0874% | 8h | 320.06 | −0.031% | $1.7M | $4.0M | 20x | |
| edgeX ARMUSDC | −0.0041% | 4h | 320.13 | −0.009% | $34K | $353K | 10x | as long as short |
| BloFin ARM-USDT | −0.0024% | 8h | 320.33 | +0.053% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.72 | −0.137% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.78 | −0.120% | $36K | $267K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 319.81 | −0.111% | $8.2M | $50.4M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.93 | −0.072% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.77 | −0.122% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.03 | −0.041% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.61 | +0.142% | $184K | $281K | — | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow 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 | +0.025% | $932 | $230K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 319.78 | −0.119% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.01 | −0.047% | $18K | $16K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 319.87 | −0.091% | $12K | $59K | 10x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 319.86 | −0.094% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.76 | −0.125% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.17 | +0.003% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 319.86 | −0.094% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Plong | +0.0050% | 1h | 320.16 | long leg | $183K | $431K | 10x | |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.18 | +0.006% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0171% | 1h | 320.05 | −0.034% | $8.2M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 320.50 | +0.106% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 320.05 | −0.034% | $99K | $292K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.28 | +0.975% | $5K | $50K | 12x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Deribit ARM_USDC-PERPETUAL
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP