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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SunX against Ondo Perps−0.078%7-day average +0.051% · 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−0.179%−$18 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.078%, 7d avg +0.051%
Together, before fees−0.113%+ Points / potential airdropOndo Perps: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.129% cheaper against Ondo Perps than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ARM-USD.P321.560.0050pay 0.0006% / 1h3m 02s$187K$426K10x
ShortSunX ARM-USDT321.310get 0.0000% / 8h3h 03m$1K$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.58
Price spread: −0.078% → +0.051%
−$12.86
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$36.44
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 4 min ago. 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 Ondo Perps no order-book sample
Sell SunX live order book, 4 min ago500.27 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ARMUSDT−0.0473%8h320.76−0.249%$1.8M$3.9M20xas long as short
edgeX ARMUSDC−0.0125%4h321.08−0.151%$34K$350K10xas long as short
Aster ARMUSDT0.0000%8h320.98−0.179%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h320.42−0.354%$38K$262K10xas long as short
Binance ARMUSDT0.0000%8h320.63−0.290%$8.2M$50.8M20xas long as short
Bybit ARMUSDT0.0000%8h320.57−0.308%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.50−0.330%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h320.77−0.246%$1.4M$4.4M50xas long as short
Variational Omni ARM0.0000%8h321.45−0.033%$191K$301Kas long as short
GRVT ARM_USDT_Perp0.0000%8h321.07−0.152%$722$215K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ARM-USDTshort0.0000%8h321.31−0.078%$1K$2.6M10x
HTX ARM-USDT0.0000%8h321.23−0.103%$18K$16K20xas long as short
QFEX ARM-USD+0.0014%1h320.89−0.208%$1.1M$3.6M10xas long as short
BloFin ARM-USDT+0.0028%8h320.91−0.202%$122K$51K20xas long as short
Lighter ARM+0.0032%1h320.56−0.311%10xas long as short
Vest ARM-USD-PERP+0.0046%1h321.17−0.121%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h320.71−0.264%$371K$1.3M10xas long as short
Ondo Perps ARM-USD.Plong+0.0050%1h321.56long leg$187K$426K10x
KuCoin ARMUSDTM+0.0106%8h320.76−0.249%$2.3M$119K20xas long as short
Phoenix ARM+0.0123%1h321.19−0.115%$5K$446K10xas long as short
Coinbase International ARM-PERP-INTX+0.0128%1h321.20−0.112%$99K$315K10xas long as short
tradeXYZ xyz:ARM+0.0138%1h320.55−0.314%$8.0M$8.6M10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.93+1.048%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0779%1h320.98−0.180%$12K$59K10xas long as short