Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.009%
Price spread now: Polymarket Perps against Extended−0.037%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.037%, 7d avg +0.003%
=Together, before fees−0.007%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.040% cheaper against Extended than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.003%). If the spread goes back, that is −$4 on $10k: about 2.7 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARM-USD | 323.10 | 0 | get 0.0000% / 1h | 20m 43s | $39K | $188K | 10x |
| Short | Polymarket Perps ARM-USD | 322.98 | 0.0050 | get 0.0006% / 1h | 20m 43s | $377K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Extended. 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
- $10.5
- Price spread: −0.037% → +0.003%
- −$4.02
- Slippage, 4 orders
- −$30.45
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$36.98
- Costs to cover
- 0.435%
- Break-even
- 31.7 days
Slippage from Extended: live order book, 1 min ago; Polymarket Perps: live order book, 3 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 Extended live order book, 1 min ago | 2.79 bp | 14.3 bp −$14 | 152.4 bp −$1,524 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.01 bp | 7.6 bp −$8 | 11.4 bp −$114 | 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 | 322.75 | −0.109% | $7K | $126K | 20x | as long as short |
| Extended ARM-USDlong | 0.0000% | 1h | 323.10 | long leg | $39K | $188K | 10x | |
| Binance ARMUSDT | 0.0000% | 8h | 323.14 | +0.012% | $8.5M | $51.0M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.93 | −0.053% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.96 | −0.043% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 323.16 | +0.018% | $1.5M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.01 | −0.028% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.94 | −0.049% | $276K | $460K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.97 | −0.040% | $853 | $215K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.75 | −0.108% | $1K | $3.2M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 323.22 | +0.037% | $18K | $16K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0024% | 1h | 322.90 | −0.062% | $91K | $278K | 10x | as long as short |
| BloFin ARM-USDT | +0.0025% | 8h | 322.97 | −0.040% | $122K | $43K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.89 | −0.065% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0035% | 1h | 323.03 | −0.022% | $1.1M | $4.6M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.98 | −0.037% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 322.98 | −0.037% | $377K | $1.4M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.98 | −0.037% | $210K | $549K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0065% | 1h | 323.02 | −0.025% | $7.6M | $9.8M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 323.47 | +0.114% | $2.3M | $117K | 20x | as long as short |
| Phoenix ARM | +0.0149% | 1h | 322.83 | −0.084% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 325.90 | +0.866% | $5K | $52K | 12x | as long as short |
| edgeX ARMUSDC | +0.0256% | 4h | 323.03 | −0.022% | $34K | $347K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0462% | 1h | 323.15 | +0.015% | $12K | $144K | 10x | as long as short |
Extended ARM-USD
Polymarket Perps ARM-USD
Aster ARMUSDT
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
BloFin ARM-USDT
Lighter ARM
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
Phoenix ARM
Injective ARM/USDC PERP
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL