Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.016%
Price spread now: Variational Omni against Ondo Perps+0.107%51s7-day average +0.072% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.107%, 7d avg +0.072%
=Together, before fees−0.154%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.035% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.072%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ARM-USD.P | 320.27 | 0.0050 | pay 0.0006% / 1h | 16m 45s | $185K | $433K | 10x |
| Short | Variational Omni ARM | 320.61 | 0 | get 0.0000% / 8h | 1h 16m | $184K | $281K | — |
Ondo Perps ARM-USD.P
Variational Omni ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.107% → +0.072%
- $3.51
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$12.07
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 27 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 Variational Omni RFQ quote, 27 min ago | 2.98 bp | doesn't fit | 25.1 bp −$251 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0878% | 8h | 320.39 | +0.037% | $1.7M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0041% | 4h | 320.13 | −0.044% | $34K | $353K | 10x | as long as short |
| BloFin ARM-USDT | −0.0024% | 8h | 320.33 | +0.019% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.25 | −0.005% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.23 | −0.012% | $36K | $267K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.34 | +0.023% | $8.3M | $50.4M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.42 | +0.047% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.28 | +0.003% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.46 | +0.059% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARMshort | 0.0000% | 8h | 320.61 | +0.107% | $184K | $281K | — |
Bitget ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.24 | −0.009% | $932 | $230K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 320.45 | +0.056% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.01 | −0.081% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 320.43 | +0.050% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.96 | −0.097% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.60 | +0.103% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.46 | +0.059% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Plong | +0.0050% | 1h | 320.27 | long leg | $185K | $433K | 10x | |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.32 | +0.016% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0173% | 1h | 320.17 | −0.031% | $8.2M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 320.50 | +0.072% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 320.05 | −0.069% | $99K | $292K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.28 | +0.940% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0374% | 1h | 320.54 | +0.084% | $12K | $59K | 10x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL