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

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ARMUSDC318.970.0953pay 0.0476% / 4h2h 23m$34K$350K10x
ShortOndo Perps ARM-USD.P318.860.0050get 0.0006% / 1h23m 28s$184K$427K10x

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
−$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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 25 min ago2.64 bp7.9 bp −$890.5 bp −$905doesn'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 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−0.0882%8h319.13+0.051%$1.8M$4.0M20xas long as short
Aster ARMUSDT0.0000%8h318.84−0.039%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h318.75−0.068%$38K$272K10xas long as short
Binance ARMUSDT0.0000%8h318.98+0.004%$8.1M$50.6M20xas long as short
Bybit ARMUSDT0.0000%8h318.86−0.034%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h318.94−0.009%$1.6M$6.6M20xas long as short
Gate ARM_USDT0.0000%8h319.05+0.026%$1.4M$4.4M50xas long as short
Variational Omni ARM0.0000%8h318.99+0.006%$184K$297Kas long as short
GRVT ARM_USDT_Perp0.0000%8h319.01+0.013%$842$219K10xas long as short
SunX ARM-USDT0.0000%8h318.88−0.027%$813$2.5M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h318.85−0.037%$18K$17K20xas long as short
QFEX ARM-USD+0.0011%1h318.82−0.046%$1.1M$3.6M10xas long as short
BloFin ARM-USDT+0.0024%8h318.96−0.002%$122K$50K20xas long as short
Lighter ARM+0.0032%1h318.74−0.071%10xas long as short
Vest ARM-USD-PERP+0.0046%1h318.86−0.034%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h318.85−0.037%$369K$1.3M10xas long as short
Ondo Perps ARM-USD.Pshort+0.0050%1h318.86−0.034%$184K$427K10x
KuCoin ARMUSDTM+0.0100%8h319.16+0.060%$2.3M$119K20xas long as short
tradeXYZ xyz:ARM+0.0150%1h318.79−0.056%$8.0M$8.7M10xas long as short
Coinbase International ARM-PERP-INTX+0.0176%1h320.61+0.515%$100K$304K10xas long as short
Phoenix ARM+0.0200%1h318.94−0.009%$5K$446K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.54+1.747%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0785%1h319.16+0.060%$12K$59K10xas long as short
edgeX ARMUSDClong+0.0953%4h318.97long leg$34K$350K10x