Settings8H · net · $10k
Funding arb · Price arb /

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ARM-USD323.100get 0.0000% / 1h20m 43s$39K$188K10x
ShortPolymarket Perps ARM-USD322.980.0050get 0.0006% / 1h20m 43s$377K$1.4M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago2.79 bp14.3 bp −$14152.4 bp −$1,524doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 3 min ago2.01 bp7.6 bp −$811.4 bp −$114doesn't fitdoesn't fit

ARM on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ARMUSDT0.0000%8h322.75−0.109%$7K$126K20xas long as short
Extended ARM-USDlong0.0000%1h323.10long leg$39K$188K10x
Binance ARMUSDT0.0000%8h323.14+0.012%$8.5M$51.0M20xas long as short
Bybit ARMUSDT0.0000%8h322.93−0.053%$2.0M$2.6M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h322.96−0.043%$1.6M$6.7M20xas long as short
Gate ARM_USDT0.0000%8h323.16+0.018%$1.5M$4.0M50xas long as short
Bitget ARMUSDT0.0000%8h323.01−0.028%$1.7M$4.2M20xas long as short
Variational Omni ARM0.0000%8h322.94−0.049%$276K$460Kas long as short
GRVT ARM_USDT_Perp0.0000%8h322.97−0.040%$853$215K10xas long as short
SunX ARM-USDT0.0000%8h322.75−0.108%$1K$3.2M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ARM-USDT0.0000%8h323.22+0.037%$18K$16K20xas long as short
Coinbase International ARM-PERP-INTX+0.0024%1h322.90−0.062%$91K$278K10xas long as short
BloFin ARM-USDT+0.0025%8h322.97−0.040%$122K$43K20xas long as short
Lighter ARM+0.0032%1h322.89−0.065%10xas long as short
QFEX ARM-USD+0.0035%1h323.03−0.022%$1.1M$4.6M10xas long as short
Vest ARM-USD-PERP+0.0046%1h322.98−0.037%10xas long as short
Polymarket Perps ARM-USDshort+0.0050%1h322.98−0.037%$377K$1.4M10x
Ondo Perps ARM-USD.P+0.0050%1h322.98−0.037%$210K$549K10xas long as short
tradeXYZ xyz:ARM+0.0065%1h323.02−0.025%$7.6M$9.8M10xas long as short
KuCoin ARMUSDTM+0.0100%8h323.47+0.114%$2.3M$117K20xas long as short
Phoenix ARM+0.0149%1h322.83−0.084%$5K$460K10xas long as short
Injective ARM/USDC PERP+0.0220%1h325.90+0.866%$5K$52K12xas long as short
edgeX ARMUSDC+0.0256%4h323.03−0.022%$34K$347K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0462%1h323.15+0.015%$12K$144K10xas long as short