Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.041%
Price spread now: Binance against Ondo Perps−0.083%7-day average +0.127% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.505%+$50 · spread now −0.083%, 7d avg +0.127%
=Together, before fees+0.435%+ Points / potential airdropOndo Perps: Active · farm board+$44 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 Binance is 0.210% cheaper against Ondo Perps than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.127%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ARM-USD.P | 322.44 | 0.0050 | pay 0.0006% / 1h | 47m 39s | $184K | $418K | 10x |
| Short | Binance ARMUSDT | 322.17 | 0 | get 0.0000% / 8h | 2h 47m | $8.3M | $50.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$10.58
- Price spread: −0.083% → +0.127%
- −$21.04
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46.63
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 10 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 Binance live order book, 10 min ago | 2.02 bp | 16.6 bp −$17 | 47.5 bp −$475 | 153.7 bp −$15.4K | 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 ARMUSDT | −0.0533% | 8h | 322.30 | −0.043% | $1.8M | $3.9M | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.94 | −0.155% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.07 | −0.113% | $35K | $272K | 10x | as long as short |
| Binance ARMUSDTshort | 0.0000% | 8h | 322.17 | −0.083% | $8.3M | $50.5M | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 322.18 | −0.081% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.24 | −0.062% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.35 | −0.028% | $1.4M | $4.3M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.63 | +0.058% | $192K | $297K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.66 | +0.067% | $1K | $218K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.47 | +0.009% | $935 | $2.6M | 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 | 322.23 | −0.065% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0002% | 8h | 322.47 | +0.009% | $122K | $50K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 322.08 | −0.112% | $1.1M | $3.6M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.00 | −0.136% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.34 | −0.031% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.53 | +0.028% | $373K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Plong | +0.0050% | 1h | 322.44 | long leg | $184K | $418K | 10x | |
| KuCoin ARMUSDTM | +0.0100% | 8h | 322.12 | −0.099% | $2.3M | $119K | 20x | as long as short |
| edgeX ARMUSDC | +0.0135% | 4h | 322.32 | −0.036% | $34K | $351K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 321.20 | −0.385% | $99K | $307K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0186% | 1h | 322.29 | −0.047% | $8.1M | $8.6M | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 322.56 | +0.037% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.06 | +0.502% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0371% | 1h | 322.53 | +0.028% | $12K | $59K | 10x | as long as short |
Binance ARMUSDT
Bitget ARMUSDT
Aster ARMUSDT
Extended ARM-USD
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
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL