Funding you earn now, next payment 21:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h −0.009%
Price spread now: Polymarket Perps against Coinbase International+0.043%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 3 days (all we have)+0.156%+$16 · spread now +0.043%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.025% dearer against Coinbase International than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.019%. Mind the row above: over the last 7 days funding on this pair cost −0.126%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARM-PERP-INTX | 322.84 | 0.0024 | pay 0.0003% / 1h | 22m 15s | $91K | $278K | 10x |
| Short | Polymarket Perps ARM-USD | 322.98 | 0.0050 | get 0.0006% / 1h | 22m 15s | $377K | $1.4M | 10x |
Coinbase International ARM-PERP-INTX
Polymarket Perps ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Coinbase International. 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
- $5.46
- Price spread: +0.043% → +0.019%
- $2.48
- Slippage, 4 orders
- −$25.17
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$35.22
- Costs to cover
- 0.432%
- Break-even
- 52.2 days
Slippage from Coinbase International: live order book, 1 min ago; Polymarket Perps: live order book, 6 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 Coinbase International live order book, 1 min ago | 8.52 bp | 14.7 bp −$15 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 6 min ago | 1.70 bp | 8.6 bp −$9 | 12.7 bp −$127 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 322.69 | −0.047% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.09 | +0.078% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 323.13 | +0.090% | $8.5M | $51.0M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.75 | −0.028% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.95 | +0.034% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 323.12 | +0.087% | $1.5M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 322.93 | +0.028% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.94 | +0.032% | $276K | $460K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.96 | +0.038% | $853 | $215K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.72 | −0.037% | $1K | $3.2M | 10x | as long as short |
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
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 | 323.09 | +0.077% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0022% | 8h | 322.97 | +0.040% | $122K | $43K | 20x | as long as short |
| Coinbase International ARM-PERP-INTXlong | +0.0024% | 1h | 322.84 | long leg | $91K | $278K | 10x | |
| Lighter ARM | +0.0032% | 1h | 322.80 | −0.012% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0035% | 1h | 323.02 | +0.056% | $1.1M | $4.6M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.99 | +0.046% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 322.98 | +0.043% | $377K | $1.4M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.58 | −0.081% | $210K | $549K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0064% | 1h | 322.94 | +0.031% | $7.6M | $9.8M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 323.48 | +0.198% | $2.3M | $117K | 20x | as long as short |
| Phoenix ARM | +0.0149% | 1h | 322.83 | −0.003% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 325.90 | +0.948% | $5K | $52K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0307% | 1h | 323.09 | +0.077% | $12K | $144K | 10x | as long as short |
| edgeX ARMUSDC | +0.0896% | 4h | 322.96 | +0.038% | $34K | $346K | 10x | as long as short |
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC