Funding you earn now, next payment 06:00 UTC+0.0951%/8h= +104.1% APRpaid last 24h −0.030%
Price spread now: Polymarket Perps against Bitget−0.203%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 7 days+0.257%+$26 · spread now −0.203%, 7d avg −0.090%
=Funding pays, the price is against you. Polymarket Perps is 0.114% cheaper against Bitget than usual: you would sell low and buy high (spread −0.203% now, against its 7-day average of −0.090%). If the spread goes back, that is −$11 on $10k: about 10 hours of funding at the current rate (+$29 a day). Mind the row above: over the last 7 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.100% in total (about -5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARMUSDT | 319.66 | −0.0901 | get 0.0901% / 8h | 2h 21m | $1.8M | $4.0M | 20x |
| Short | Polymarket Perps ARM-USD | 319.01 | 0.0050 | get 0.0006% / 1h | 21m 48s | $369K | $1.3M | 10x |
Bitget ARMUSDT
Polymarket Perps ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bitget. 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
- $199.71
- Price spread: −0.203% → −0.090%
- −$11.37
- Slippage, 4 orders
- −$28.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $140.32
- Costs to cover
- 0.480%
- Break-even
- 2.1 days
Slippage from Bitget: live order book, 1 min ago; Polymarket Perps: live order book, 1 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 Bitget live order book, 1 min ago | 5.64 bp | 17.4 bp −$17 | 20.3 bp −$203 | 79.6 bp −$7,962 | doesn't fit |
| Sell Polymarket Perps live order book, 1 min ago | 2.66 bp | 6.7 bp −$7 | 7.2 bp −$72 | 13.4 bp −$1,339 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDTlong | −0.0901% | 8h | 319.66 | long leg | $1.8M | $4.0M | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 319.44 | −0.070% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.56 | −0.031% | $38K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 319.45 | −0.067% | $8.2M | $50.6M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.55 | −0.034% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.32 | −0.106% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 319.74 | +0.025% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 318.99 | −0.210% | $184K | $297K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 319.01 | −0.203% | $842 | $219K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 318.98 | −0.213% | $995 | $2.5M | 10x | as long as short |
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 318.72 | −0.294% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 319.01 | −0.203% | $1.1M | $3.6M | 10x | as long as short |
| BloFin ARM-USDT | +0.0020% | 8h | 318.73 | −0.291% | $122K | $50K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.04 | −0.194% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 318.94 | −0.225% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 319.01 | −0.203% | $369K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 318.86 | −0.250% | $184K | $427K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.47 | −0.059% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0156% | 1h | 319.42 | −0.075% | $8.0M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 320.61 | +0.297% | $100K | $304K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 318.94 | −0.225% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.54 | +1.527% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0408% | 1h | 319.33 | −0.103% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDC | +0.0953% | 4h | 318.97 | −0.217% | $34K | $350K | 10x | as long as short |
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC