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−0.0050%/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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ARM-USD.P322.440.0050pay 0.0006% / 1h47m 39s$184K$418K10x
ShortBinance ARMUSDT322.170get 0.0000% / 8h2h 47m$8.3M$50.5M20x

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 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: −0.083% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Binance live order book, 10 min ago2.02 bp16.6 bp −$1747.5 bp −$475153.7 bp −$15.4Kdoesn'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−0.0533%8h322.30−0.043%$1.8M$3.9M20xas long as short
Aster ARMUSDT0.0000%8h321.94−0.155%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h322.07−0.113%$35K$272K10xas long as short
Binance ARMUSDTshort0.0000%8h322.17−0.083%$8.3M$50.5M20x
Bybit ARMUSDT0.0000%8h322.18−0.081%$1.9M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.24−0.062%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h322.35−0.028%$1.4M$4.3M50xas long as short
Variational Omni ARM0.0000%8h322.63+0.058%$192K$297Kas long as short
GRVT ARM_USDT_Perp0.0000%8h322.66+0.067%$1K$218K10xas long as short
SunX ARM-USDT0.0000%8h322.47+0.009%$935$2.6M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h322.23−0.065%$18K$16K20xas long as short
BloFin ARM-USDT+0.0002%8h322.47+0.009%$122K$50K20xas long as short
QFEX ARM-USD+0.0011%1h322.08−0.112%$1.1M$3.6M10xas long as short
Lighter ARM+0.0032%1h322.00−0.136%10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.34−0.031%10xas long as short
Polymarket Perps ARM-USD+0.0050%1h322.53+0.028%$373K$1.3M10xas long as short
Ondo Perps ARM-USD.Plong+0.0050%1h322.44long leg$184K$418K10x
KuCoin ARMUSDTM+0.0100%8h322.12−0.099%$2.3M$119K20xas long as short
edgeX ARMUSDC+0.0135%4h322.32−0.036%$34K$351K10xas long as short
Coinbase International ARM-PERP-INTX+0.0176%1h321.20−0.385%$99K$307K10xas long as short
tradeXYZ xyz:ARM+0.0186%1h322.29−0.047%$8.1M$8.6M10xas long as short
Phoenix ARM+0.0200%1h322.56+0.037%$5K$446K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.06+0.502%$5K$50K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0371%1h322.53+0.028%$12K$59K10xas long as short