Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.019%

Price spread now: Polymarket Perps against BloFin−0.043%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.111%+$11 on $10k

Price spread, last 4 days (all we have)+0.438%+$44 · spread now −0.043%, 7d avg +0.004%

Together, before fees+0.549%+$55 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.046% cheaper against BloFin than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.004%). If the spread goes back, that is −$5 on $10k: about 3.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ARM-USDT	329.08	0.0008	pay 0.0008% / 8h	5h 12m	$128K	$48K	20x
Short	Polymarket Perps ARM-USD	328.94	0.0050	get 0.0006% / 1h	12m 58s	$381K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee Polymarket PerpsbpOrdersPrice spread, now −0.043%Rate

Funding earned: $8.76
Price spread: −0.043% → +0.004%: −$4.61
Slippage, 4 orders: −$12.79
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$28.63
Costs to cover: 0.328%
Break-even: 29.9 days

Slippage from BloFin: live order book, 23 min ago; Polymarket Perps: live order book, just now.

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 BloFin live order book, 23 min ago	0.61 bp	10.8 bp −$11	23.9 bp −$239	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, just now	1.83 bp	5.9 bp −$6	6.3 bp −$63	11.5 bp −$1,146	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	−0.0798%	4h	329.05	−0.009%	$35K	$348K	10x	as long as short
Coinbase International ARM-PERP-INTX	−0.0008%	1h	328.91	−0.052%	$102K	$294K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.87	−0.063%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	328.84	−0.073%	$2.0M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	328.96	−0.036%	$1.7M	$6.7M	20x	as long as short
Variational Omni ARM	0.0000%	8h	329.08	0.000%	$213K	$317K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	329.05	−0.008%	$747	$190K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.88	−0.061%	$651	$2.7M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	328.65	−0.131%	$18K	$16K	20x	as long as short
BloFin ARM-USDTlong	+0.0008%	8h	329.08	long leg	$128K	$48K	20x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX ARM-USD	+0.0011%	1h	328.92	−0.049%	$1.1M	$4.2M	10x	as long as short
Lighter ARM	+0.0032%	1h	328.77	−0.094%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	329.02	−0.018%	—	—	10x	as long as short
Polymarket Perps ARM-USDshort	+0.0050%	1h	328.94	−0.043%	$381K	$1.3M	10x
Ondo Perps ARM-USD.P	+0.0050%	1h	329.01	−0.021%	$203K	$406K	10x	as long as short
Extended ARM-USD	+0.0096%	1h	328.66	−0.127%	$36K	$272K	10x	as long as short
Binance ARMUSDT	+0.0097%	8h	328.74	−0.103%	$8.6M	$50.0M	20x	as long as short
tradeXYZ xyz:ARM	+0.0114%	1h	328.84	−0.073%	$8.3M	$8.7M	10x	as long as short
Gate ARM_USDT	+0.0122%	8h	329.25	+0.052%	$1.4M	$4.3M	50x	as long as short
Phoenix ARM	+0.0122%	1h	328.67	−0.125%	$5K	$434K	10x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0176%	1h	328.95	−0.040%	$12K	$125K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	332.31	+0.982%	$5K	$50K	12x	as long as short
Bitget ARMUSDT	+0.0288%	8h	328.94	−0.043%	$1.8M	$3.8M	20x	as long as short
KuCoin ARMUSDTM	+0.0591%	8h	328.94	−0.043%	$2.4M	$119K	20x	as long as short