Funding you earn now, next payment 23:00 UTC+0.0016%/8h= +1.7% APRpaid last 24h −0.021%
Price spread now: Polymarket Perps against Binance−0.065%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 2 days (all we have)−0.005%$0 · spread now −0.065%, 7d avg −0.041%
=Funding pays, the price is against you. Polymarket Perps is 0.024% cheaper against Binance than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.041%). If the spread goes back, that is −$2 on $10k: about 5.1 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.072% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARMUSDT | 324.06 | 0.0034 | pay 0.0034% / 8h | 1h 31m | $8.6M | $51.1M | 20x |
| Short | Polymarket Perps ARM-USD | 323.85 | 0.0050 | get 0.0006% / 1h | 31m 30s | $365K | $1.5M | 10x |
Binance ARMUSDT
Polymarket Perps ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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
- $3.28
- Price spread: −0.065% → −0.041%
- −$2.41
- Slippage, 4 orders
- −$18.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$35.25
- Costs to cover
- 0.361%
- Break-even
- 82.2 days
Slippage from Binance: live order book, 11 min ago; Polymarket Perps: live order book, 2 min ago.
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 Binance live order book, 11 min ago | 1.39 bp | 9.1 bp −$9 | 33.6 bp −$336 | 113.7 bp −$11.4K | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 1.85 bp | 5.9 bp −$6 | 6.3 bp −$63 | 9.5 bp −$948 | doesn't fit |
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 | −0.0098% | 4h | 324.14 | +0.026% | $34K | $349K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 323.61 | −0.138% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 324.18 | +0.037% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.88 | −0.056% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.91 | −0.046% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 323.64 | −0.130% | $276K | $459K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 323.52 | −0.167% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.76 | −0.093% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0005% | 8h | 323.84 | −0.068% | $123K | $44K | 20x | as long as short |
| Extended ARM-USD | +0.0024% | 1h | 324.00 | −0.017% | $39K | $188K | 10x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Extended ARM-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 323.66 | −0.123% | — | — | 10x | as long as short |
| Binance ARMUSDTlong | +0.0034% | 8h | 324.06 | long leg | $8.6M | $51.1M | 20x | |
| QFEX ARM-USD | +0.0043% | 1h | 323.99 | −0.022% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.23 | +0.052% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 323.85 | −0.065% | $365K | $1.5M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.74 | −0.099% | $214K | $554K | 10x | as long as short |
| Gate ARM_USDT | +0.0057% | 8h | 324.20 | +0.043% | $1.5M | $4.1M | 50x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 323.28 | −0.241% | $83K | $289K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0137% | 8h | 323.71 | −0.109% | $800 | $210K | 10x | as long as short |
| Phoenix ARM | +0.0198% | 1h | 323.91 | −0.046% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 326.88 | +0.870% | $5K | $52K | 12x | as long as short |
| tradeXYZ xyz:ARM | +0.0268% | 1h | 323.94 | −0.037% | $7.8M | $10.0M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0313% | 8h | 323.67 | −0.120% | $2.3M | $117K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0831% | 1h | 324.16 | +0.031% | $12K | $145K | 10x | as long as short |
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
Ondo Perps ARM-USD.P
Gate ARM_USDT
Coinbase International ARM-PERP-INTX
GRVT ARM_USDT_Perp
Phoenix ARM
Injective ARM/USDC PERP
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL