Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.012%

Price spread now: Polymarket Perps against OKX−0.037%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 7 days+0.053%+$5 · spread now −0.037%, 7d avg −0.078%

Together, before fees+0.152%+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.041% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ARM-USDT-SWAP	324.43	0	get 0.0000% / 8h	1h 20m	$1.7M	$6.8M	20x
Short	Polymarket Perps ARM-USD	324.31	0.0050	get 0.0006% / 1h	20m 41s	$366K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against OKX. 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 OKXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.037%Rate

Funding earned: $10.5
Price spread: −0.037% → −0.078%: $4.09
Slippage, 4 orders: −$23.59
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$27
Costs to cover: 0.416%
Break-even: 25.0 days

Slippage from OKX: live order book, 2 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 OKX live order book, 2 min ago	2.31 bp	13.8 bp −$14	43.0 bp −$430	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	1.39 bp	5.5 bp −$6	5.7 bp −$57	10.1 bp −$1,010	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	324.11	−0.098%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	324.40	−0.009%	$2.0M	$2.6M	25x	as long as short
OKX ARM-USDT-SWAPlong	0.0000%	8h	324.43	long leg	$1.7M	$6.8M	20x
Bitget ARMUSDT	0.0000%	8h	324.60	+0.052%	$1.7M	$4.2M	20x	as long as short
Variational Omni ARM	0.0000%	8h	324.60	+0.054%	$277K	$459K	—	as long as short
SunX ARM-USDT	0.0000%	8h	323.76	−0.207%	$971	$3.2M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	324.35	−0.025%	$18K	$16K	20x	as long as short
BloFin ARM-USDT	+0.0008%	8h	324.15	−0.086%	$123K	$44K	20x	as long as short
Lighter ARM	+0.0032%	1h	324.18	−0.077%	—	—	10x	as long as short
QFEX ARM-USD	+0.0043%	1h	324.47	+0.012%	$1.1M	$4.7M	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ARM-USD-PERP	+0.0046%	1h	324.52	+0.028%	—	—	10x	as long as short
Polymarket Perps ARM-USDshort	+0.0050%	1h	324.31	−0.037%	$366K	$1.5M	10x
Ondo Perps ARM-USD.P	+0.0050%	1h	323.96	−0.145%	$215K	$554K	10x	as long as short
Gate ARM_USDT	+0.0064%	8h	324.68	+0.077%	$1.5M	$4.1M	50x	as long as short
Extended ARM-USD	+0.0080%	1h	324.50	+0.022%	$39K	$188K	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0088%	1h	323.28	−0.354%	$83K	$289K	10x	as long as short
Binance ARMUSDT	+0.0091%	8h	324.61	+0.055%	$8.6M	$51.2M	20x	as long as short
Phoenix ARM	+0.0198%	1h	324.36	−0.022%	$5K	$460K	10x	as long as short
GRVT ARM_USDT_Perp	+0.0202%	8h	324.50	+0.022%	$383	$211K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	326.88	+0.755%	$5K	$52K	12x	as long as short
tradeXYZ xyz:ARM	+0.0253%	1h	324.45	+0.006%	$7.9M	$10.0M	10x	as long as short
KuCoin ARMUSDTM	+0.0364%	8h	324.61	+0.055%	$2.3M	$118K	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0429%	1h	324.45	+0.006%	$12K	$145K	10x	as long as short
edgeX ARMUSDC	+0.0955%	4h	324.55	+0.036%	$35K	$348K	10x	as long as short