Funding you earn now, next payment 06:00 UTC−0.0962%/8h= −105.3% APRpaid last 24h +0.030%
Price spread now: Bitget against Polymarket Perps+0.222%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days−0.275%−$28 · spread now +0.222%, 7d avg +0.090%
=The price spread pays, funding is against you. Bitget is 0.133% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.222% now, against its 7-day average of +0.090%): +$13 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.100%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 319.38 | 0.0050 | pay 0.0006% / 1h | 20m 57s | $369K | $1.3M | 10x |
| Short | Bitget ARMUSDT | 320.09 | −0.0912 | pay 0.0912% / 8h | 2h 20m | $1.8M | $4.0M | 20x |
Polymarket Perps ARM-USD
Bitget ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$202.02
- Price spread: +0.222% → +0.090%
- $13.27
- Slippage, 4 orders
- −$28.01
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$236.76
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 2.66 bp | 7.2 bp −$7 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 5.64 bp | 16.8 bp −$17 | 40.6 bp −$406 | 99.9 bp −$9,989 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDTshort | −0.0912% | 8h | 320.09 | +0.222% | $1.8M | $4.0M | 20x | |
| edgeX ARMUSDC | −0.0501% | 4h | 318.85 | −0.166% | $34K | $351K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.45 | +0.022% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.38 | +0.001% | $38K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 319.51 | +0.042% | $8.2M | $50.6M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.47 | +0.028% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.51 | +0.041% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 319.65 | +0.085% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.44 | +0.020% | $184K | $296K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 319.02 | −0.113% | $351 | $220K | 10x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 319.63 | +0.078% | $997 | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 318.72 | −0.207% | $18K | $17K | 20x | as long as short |
| BloFin ARM-USDT | +0.0003% | 8h | 319.34 | −0.013% | $122K | $50K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 319.41 | +0.009% | $1.1M | $3.6M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.26 | −0.038% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 319.35 | −0.009% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 319.38 | long leg | $369K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.28 | −0.031% | $186K | $428K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.57 | +0.059% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0152% | 1h | 319.55 | +0.053% | $8.1M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 320.61 | +0.385% | $100K | $304K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 319.17 | −0.066% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.54 | +1.616% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0439% | 1h | 319.52 | +0.044% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL