Funding you earn now, next payment 06:00 UTC−0.0903%/8h= −98.8% APRpaid last 24h +0.022%
Price spread now: Ondo Perps against edgeX−0.034%7-day average −0.067% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.034%, 7d avg −0.067%
=Together, before fees+0.096%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.033% dearer against edgeX than usual: you sell high and buy low (spread −0.034% now, against its 7-day average of −0.067%): +$3 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.104%, 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 0.104% in total (about 5.4% 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 | edgeX ARMUSDC | 318.97 | 0.0953 | pay 0.0476% / 4h | 2h 23m | $34K | $350K | 10x |
| Short | Ondo Perps ARM-USD.P | 318.86 | 0.0050 | get 0.0006% / 1h | 23m 28s | $184K | $427K | 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
- −$189.54
- Price spread: −0.034% → −0.067%
- $3.34
- 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
- −$200.2
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 25 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, 25 min ago | 2.64 bp | 7.9 bp −$8 | 90.5 bp −$905 | 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 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 ARMUSDT | −0.0882% | 8h | 319.13 | +0.051% | $1.8M | $4.0M | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 318.84 | −0.039% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 318.75 | −0.068% | $38K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 318.98 | +0.004% | $8.1M | $50.6M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 318.86 | −0.034% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 318.94 | −0.009% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 319.05 | +0.026% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 318.99 | +0.006% | $184K | $297K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 319.01 | +0.013% | $842 | $219K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 318.88 | −0.027% | $813 | $2.5M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 318.85 | −0.037% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 318.82 | −0.046% | $1.1M | $3.6M | 10x | as long as short |
| BloFin ARM-USDT | +0.0024% | 8h | 318.96 | −0.002% | $122K | $50K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 318.74 | −0.071% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 318.86 | −0.034% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 318.85 | −0.037% | $369K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Pshort | +0.0050% | 1h | 318.86 | −0.034% | $184K | $427K | 10x | |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.16 | +0.060% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0150% | 1h | 318.79 | −0.056% | $8.0M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 320.61 | +0.515% | $100K | $304K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 318.94 | −0.009% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.54 | +1.747% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0785% | 1h | 319.16 | +0.060% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDClong | +0.0953% | 4h | 318.97 | long leg | $34K | $350K | 10x |
edgeX ARMUSDC
Bitget ARMUSDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL