Funding you earn now, next payment 00:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.027%
Price spread now: Polymarket Perps against Injective−0.932%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.153%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Polymarket Perps is 0.932% cheaper against Injective than usual: you would sell low and buy high (−$93 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARM/USDC PERP | 328.17 | 0.0220 | pay 0.0028% / 1h | 48m 52s | $5K | $52K | 12x |
| Short | Polymarket Perps ARM-USD | 325.11 | 0.0050 | get 0.0006% / 1h | 48m 52s | $464K | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. 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
- −$35.7
- Price spread: −0.932% → 0.000%
- −$93.24
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$136.96
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 5 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 5 min ago | 2.46 bp | 6.8 bp −$7 | 6.8 bp −$68 | 14.8 bp −$1,477 | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0002% | 8h | 325.29 | −0.878% | $123K | $44K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.05 | −0.951% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.28 | −0.881% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.38 | −0.850% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.28 | −0.881% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.92 | −0.990% | $1K | $3.2M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 325.19 | −0.908% | $12K | $145K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.40 | −0.844% | $18K | $17K | 20x | as long as short |
| Variational Omni ARM | +0.0016% | 8h | 325.18 | −0.910% | $213K | $523K | — | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.923% | $88K | $289K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 325.20 | −0.905% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0033% | 1h | 325.20 | −0.905% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.25 | −0.890% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.35 | −0.859% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 325.11 | −0.932% | $464K | $1.7M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 325.12 | −0.929% | $208K | $557K | 10x | as long as short |
| Gate ARM_USDT | +0.0053% | 8h | 325.43 | −0.835% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0132% | 8h | 325.36 | −0.855% | $8.6M | $51.0M | 20x | as long as short |
| Extended ARM-USD | +0.0136% | 1h | 325.31 | −0.871% | $39K | $188K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0219% | 8h | 325.30 | −0.875% | $420 | $207K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 328.17 | long leg | $5K | $52K | 12x | |
| Phoenix ARM | +0.0271% | 1h | 325.29 | −0.878% | $5K | $460K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0478% | 8h | 325.45 | −0.829% | $2.3M | $118K | 20x | as long as short |
| edgeX ARMUSDC | +0.0739% | 4h | 325.17 | −0.915% | $35K | $350K | 10x | as long as short |
Injective ARM/USDC PERP
Polymarket Perps ARM-USD
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Variational Omni ARM
Coinbase International ARM-PERP-INTX
Lighter ARM
tradeXYZ xyz:ARM
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
GRVT ARM_USDT_Perp
Phoenix ARM
KuCoin ARMUSDTM
edgeX ARMUSDC