Funding you earn now, next payment 05:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.045%
Price spread now: Ondo Perps against tradeXYZ+0.034%53s7-day average −0.058% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.034%, 7d avg −0.058%
=Together, before fees−0.363%+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.092% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.058%): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 31 days. At the pace of the last 7 days (−0.066% in total) that is about 9.8 days. The two prices were read 53 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 | tradeXYZ xyz:ARM | 322.19 | 0.0060 | pay 0.0008% / 1h | 36m 47s | $8.1M | $8.7M | 10x |
| Short | Ondo Perps ARM-USD.P | 322.30 | 0.0050 | get 0.0006% / 1h | 36m 47s | $190K | $406K | 10x |
tradeXYZ xyz:ARM
Ondo Perps ARM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against tradeXYZ. 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
- −$2.09
- Price spread: +0.034% → −0.058%
- $9.24
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$15.85
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 2 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 tradeXYZ live order book, 2 min ago | 0.62 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0009% | 8h | 322.07 | −0.037% | $123K | $49K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.16 | −0.011% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.28 | +0.028% | $40K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.41 | +0.067% | $8.4M | $50.6M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.27 | +0.025% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.09 | −0.031% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.32 | +0.040% | $1.5M | $4.3M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 322.48 | +0.090% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 323.51 | +0.409% | $210K | $293K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.74 | +0.171% | $665 | $210K | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 322.64 | +0.140% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 322.10 | −0.028% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 321.97 | −0.068% | $1.1M | $3.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.13 | −0.019% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.54 | +0.109% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.30 | +0.034% | $373K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.Pshort | +0.0050% | 1h | 322.30 | +0.034% | $190K | $406K | 10x | |
| tradeXYZ xyz:ARMlong | +0.0060% | 1h | 322.19 | long leg | $8.1M | $8.7M | 10x | |
| Phoenix ARM | +0.0123% | 1h | 324.14 | +0.605% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | +0.698% | $95K | $306K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0199% | 8h | 322.27 | +0.025% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 327.18 | +1.549% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0340% | 1h | 322.40 | +0.065% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDC | +0.0940% | 4h | 322.58 | +0.122% | $34K | $349K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Phoenix ARM
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC