Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.041%

Price spread now: Binance against Polymarket Perps+0.018%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$370.370% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 7 days−0.135%−$14 · spread now +0.018%, 7d avg +0.108%

Together, before fees−0.186%−$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.089% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARM-USD	327.44	0.0050	pay 0.0006% / 1h	45m 28s	$379K	$1.3M	10x
Short	Binance ARMUSDT	327.50	0.0053	get 0.0053% / 8h	4h 45m	$8.6M	$50.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.018%Rate

Funding earned: $0.55
Price spread: +0.018% → +0.108%: −$8.94
Slippage, 4 orders: −$19
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$45.39
Costs to cover: 0.370%
Break-even: 584.5 days

Slippage from Polymarket Perps: live order book, 3 min ago; Binance: live order book, 12 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 Polymarket Perps live order book, 3 min ago	2.29 bp	8.2 bp −$8	8.7 bp −$87	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.67 bp	13.4 bp −$13	32.8 bp −$328	103.8 bp −$10.4K	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
edgeX ARMUSDC	−0.0355%	4h	327.31	−0.041%	$35K	$348K	10x	as long as short
BloFin ARM-USDT	−0.0030%	8h	327.28	−0.049%	$128K	$48K	20x	as long as short
Aster ARMUSDT	0.0000%	8h	327.39	−0.016%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	327.46	+0.006%	$2.0M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	327.39	−0.015%	$1.7M	$6.7M	20x	as long as short
Variational Omni ARM	0.0000%	8h	327.56	+0.038%	$212K	$309K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	327.32	−0.036%	$736	$194K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	327.40	−0.012%	$1K	$2.7M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	326.94	−0.153%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0025%	1h	327.49	+0.015%	$1.1M	$4.0M	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	327.25	−0.058%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	327.72	+0.086%	—	—	10x	as long as short
Polymarket Perps ARM-USDlong	+0.0050%	1h	327.44	long leg	$379K	$1.3M	10x
Ondo Perps ARM-USD.P	+0.0050%	1h	326.87	−0.174%	$202K	$396K	10x	as long as short
Binance ARMUSDTshort	+0.0053%	8h	327.50	+0.018%	$8.6M	$50.0M	20x
Extended ARM-USD	+0.0056%	1h	327.38	−0.017%	$39K	$271K	10x	as long as short
tradeXYZ xyz:ARM	+0.0057%	1h	327.48	+0.012%	$8.3M	$8.8M	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0088%	1h	327.37	−0.021%	$98K	$301K	10x	as long as short
Gate ARM_USDT	+0.0119%	8h	327.71	+0.082%	$1.5M	$4.3M	50x	as long as short
Bitget ARMUSDT	+0.0160%	8h	327.58	+0.043%	$1.8M	$3.9M	20x	as long as short
Phoenix ARM	+0.0195%	1h	327.67	+0.070%	$5K	$444K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	332.08	+1.417%	$5K	$50K	12x	as long as short
KuCoin ARMUSDTM	+0.0487%	8h	327.58	+0.043%	$2.3M	$119K	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.1064%	1h	327.67	+0.070%	$12K	$125K	10x	as long as short