Funding you earn now, next payment 03:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.048%
Price spread now: tradeXYZ against Ondo Perps+0.174%7-day average +0.057% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)+0.604%+$60 · spread now +0.174%, 7d avg +0.057%
=Together, before fees+0.671%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board+$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.117% dearer against Ondo Perps than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ARM-USD.P | 328.20 | 0.0050 | pay 0.0006% / 1h | 21m 42s | $202K | $405K | 10x |
| Short | tradeXYZ xyz:ARM | 328.77 | 0.0083 | get 0.0010% / 1h | 21m 42s | $8.3M | $8.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $6.88
- Price spread: +0.174% → +0.057%
- $11.68
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$4.44
- Costs to cover
- 0.230%
- Break-even
- 11.5 days
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago | 0.91 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0888% | 4h | 328.18 | −0.005% | $35K | $346K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 328.28 | +0.024% | $101K | $292K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.54 | +0.103% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.82 | +0.189% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.85 | +0.198% | $1.7M | $6.7M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.43 | +0.071% | $581 | $189K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.21 | +0.003% | $650 | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.02 | −0.055% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0004% | 8h | 328.26 | +0.018% | $128K | $48K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 328.30 | +0.030% | $1.1M | $4.2M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARM | +0.0018% | 8h | 328.40 | +0.062% | $213K | $319K | — | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.17 | −0.009% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.37 | +0.052% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.31 | +0.034% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Plong | +0.0050% | 1h | 328.20 | long leg | $202K | $405K | 10x | |
| tradeXYZ xyz:ARMshort | +0.0083% | 1h | 328.77 | +0.174% | $8.3M | $8.7M | 10x | |
| Gate ARM_USDT | +0.0107% | 8h | 328.89 | +0.210% | $1.4M | $4.3M | 50x | as long as short |
| Extended ARM-USD | +0.0112% | 1h | 328.53 | +0.101% | $36K | $272K | 10x | as long as short |
| Binance ARMUSDT | +0.0113% | 8h | 328.99 | +0.241% | $8.6M | $50.0M | 20x | as long as short |
| Phoenix ARM | +0.0122% | 1h | 328.31 | +0.034% | $5K | $434K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.09 | +1.185% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0274% | 8h | 328.85 | +0.198% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0618% | 8h | 328.65 | +0.137% | $2.4M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0725% | 1h | 328.52 | +0.098% | $12K | $125K | 10x | as long as short |
tradeXYZ xyz:ARM
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Variational Omni ARM
Lighter ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
Extended ARM-USD
Binance ARMUSDT
Phoenix ARM
Injective ARM/USDC PERP
Bitget ARMUSDT
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL