Funding you earn now, next payment 09:00 UTC−0.0395%/8h= −43.2% APRnext payment −$0.49 per $10,000 · paid last 24h +0.069%
Price spread now: Deribit against Polymarket Perps−0.019%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 319.32 | 0.0050 | pay 0.0006% / 1h | 51m 33s | $369K | $1.2M | 10x |
| Short | Deribit ARM_USDC-PERPETUAL | 319.26 | −0.0345 | pay 0.0043% / 1h | 51m 33s | $12K | $56K | 10x |
Polymarket Perps ARM-USD
Deribit ARM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$82.9
- Price spread: −0.019% → 0.000%
- −$1.88
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$99.78
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 12 min ago; Deribit: no order-book sample. 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 Polymarket Perps live order book, 12 min ago | 1.87 bp | 9.2 bp −$9 | 9.3 bp −$93 | 12.6 bp −$1,257 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | −0.1615% | 8h | 318.58 | −0.231% | $1K | $238K | 10x | as long as short |
| edgeX ARMUSDC | −0.0684% | 4h | 318.80 | −0.162% | $36K | $359K | 10x | as long as short |
| Bitget ARMUSDT | −0.0426% | 8h | 319.69 | +0.116% | $1.7M | $4.0M | 20x | as long as short |
| Deribit ARM_USDC-PERPETUALshort | −0.0345% | 1h | 319.26 | −0.019% | $12K | $56K | 10x | |
| BloFin ARM-USDT | −0.0014% | 8h | 318.70 | −0.194% | $123K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.51 | +0.060% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.49 | +0.053% | $31K | $320K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 319.79 | +0.147% | $8.2M | $49.8M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.43 | +0.034% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.33 | +0.003% | $1.6M | $6.5M | 20x | as long as short |
GRVT ARM_USDT_Perp
edgeX ARMUSDC
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARM_USDT | 0.0000% | 8h | 319.27 | −0.016% | $1.4M | $4.0M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.29 | +0.304% | $187K | $252K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 318.93 | −0.122% | $1K | $2.3M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.77 | +0.141% | $18K | $14K | 20x | as long as short |
| QFEX ARM-USD | +0.0020% | 1h | 319.52 | +0.063% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.24 | −0.025% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 319.45 | +0.041% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 319.62 | +0.094% | $8.2M | $8.6M | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 319.32 | long leg | $369K | $1.2M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 318.86 | −0.144% | $182K | $430K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.36 | +0.013% | $2.3M | $137K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0104% | 1h | 318.25 | −0.335% | $98K | $278K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +1.685% | $5K | $44K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 318.74 | −0.182% | $5K | $414K | 10x | as long as short |
Gate ARM_USDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Phoenix ARM