Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.029%

Price spread now: Ondo Perps against Gate−0.109%7-day average −0.080% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.096%+$10 on $10k

Price spread, last 4 days (all we have)−0.095%−$9 · spread now −0.109%, 7d avg −0.080%

Together, before fees+0.001%+ Points / potential airdropOndo Perps: Active · farm board$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.029% cheaper against Gate than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of −0.080%). If the spread goes back, that is −$3 on $10k: about 46 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ARM_USDT	322.43	0	get 0.0000% / 8h	3h 31m	$1.5M	$4.0M	50x
Short	Ondo Perps ARM-USD.P	322.08	0.0050	get 0.0006% / 1h	31m 06s	$205K	$543K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee Ondo PerpsbpOrdersPrice spread, now −0.109%Rate

Funding earned: $10.58
Price spread: −0.109% → −0.080%: −$2.9
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$12.32
Costs to cover: 0.200%
Break-even: 15.1 days

Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago	3.88 bp	14.7 bp −$15	43.3 bp −$433	61.0 bp −$6,100	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
Coinbase International ARM-PERP-INTX	−0.0072%	1h	322.16	−0.084%	$91K	$275K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	322.22	−0.065%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	322.28	−0.047%	$39K	$188K	10x	as long as short
Binance ARMUSDT	0.0000%	8h	322.35	−0.026%	$8.5M	$50.4M	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	322.37	−0.019%	$2.0M	$2.7M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	322.00	−0.133%	$1.6M	$6.6M	20x	as long as short
Gate ARM_USDTlong	0.0000%	8h	322.43	long leg	$1.5M	$4.0M	50x
Bitget ARMUSDT	0.0000%	8h	322.29	−0.043%	$1.8M	$4.1M	20x	as long as short
Variational Omni ARM	0.0000%	8h	322.15	−0.085%	$211K	$396K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	322.28	−0.046%	$899	$213K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ARM-USDT	0.0000%	8h	322.17	−0.081%	$1K	$3.2M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	322.42	−0.003%	$18K	$16K	20x	as long as short
BloFin ARM-USDT	+0.0008%	8h	322.00	−0.133%	$123K	$43K	20x	as long as short
QFEX ARM-USD	+0.0026%	1h	322.32	−0.034%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	322.10	−0.102%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	322.37	−0.019%	—	—	10x	as long as short
tradeXYZ xyz:ARM	+0.0050%	1h	322.48	+0.016%	$7.6M	$9.9M	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	322.16	−0.084%	$376K	$1.4M	10x	as long as short
Ondo Perps ARM-USD.Pshort	+0.0050%	1h	322.08	−0.109%	$205K	$543K	10x
edgeX ARMUSDC	+0.0094%	4h	322.22	−0.064%	$34K	$346K	10x	as long as short
Phoenix ARM	+0.0099%	1h	322.22	−0.065%	$18K	$445K	10x	as long as short
KuCoin ARMUSDTM	+0.0100%	8h	322.65	+0.068%	$2.3M	$116K	20x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	326.53	+1.272%	$5K	$52K	12x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0309%	1h	322.31	−0.037%	$12K	$144K	10x	as long as short