Settings8H · net · $10k
Funding arb · Price arb /

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h −0.092%
Price spread now: edgeX against Polymarket Perps+0.130%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$270.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.160%−$16 on $10k
Price spread, last 4 days (all we have)−0.195%−$20 · spread now +0.130%, 7d avg +0.017%
Together, before fees−0.355%+ Points / potential airdropedgeX: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.113% dearer against Polymarket Perps than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.017%. Mind the row above: over the last 7 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ARM-USD327.430.0050pay 0.0006% / 1h41m 23s$379K$1.3M10x
ShortedgeX ARMUSDC327.860.0177get 0.0088% / 4h41m 23s$35K$346K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$26.65
Price spread: +0.130% → +0.017%
$11.33
Slippage, 4 orders
−$10.49
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$10.49
Costs to cover
0.275%
Break-even
4.2 days
Slippage from Polymarket Perps: live order book, 2 min ago; edgeX: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 2 min ago3.20 bp8.2 bp −$88.7 bp −$8712.1 bp −$1,208doesn't fit
Sell edgeX live order book, 17 min ago0.91 bp6.1 bp −$692.2 bp −$922doesn't fitdoesn't fit

ARM on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ARMUSDT0.0000%8h327.55+0.035%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h327.61+0.055%$2.0M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h327.41−0.006%$1.7M$6.7M20xas long as short
Variational Omni ARM0.0000%8h327.56+0.041%$212K$309Kas long as short
GRVT ARM_USDT_Perp0.0000%8h327.53+0.030%$711$195K10xas long as short
SunX ARM-USDT0.0000%8h327.57+0.043%$1K$2.7M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h327.45+0.006%$12K$125K10xas long as short
HTX ARM-USDT0.0000%8h327.56+0.040%$18K$16K20xas long as short
BloFin ARM-USDT+0.0005%8h327.75+0.098%$128K$49K20xas long as short
QFEX ARM-USD+0.0025%1h327.50+0.021%$1.1M$4.0M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARM+0.0032%1h327.60+0.052%10xas long as short
Binance ARMUSDT+0.0045%8h327.53+0.031%$8.6M$50.0M20xas long as short
Vest ARM-USD-PERP+0.0046%1h327.74+0.095%10xas long as short
Extended ARM-USD+0.0048%1h327.35−0.023%$39K$271K10xas long as short
tradeXYZ xyz:ARM+0.0050%1h327.46+0.009%$8.3M$8.8M10xas long as short
Polymarket Perps ARM-USDlong+0.0050%1h327.43long leg$379K$1.3M10x
Ondo Perps ARM-USD.P+0.0050%1h327.38−0.015%$202K$397K10xas long as short
Coinbase International ARM-PERP-INTX+0.0088%1h327.37−0.018%$98K$301K10xas long as short
Bitget ARMUSDT+0.0119%8h327.63+0.061%$1.8M$3.9M20xas long as short
Gate ARM_USDT+0.0124%8h327.62+0.058%$1.5M$4.3M50xas long as short
edgeX ARMUSDCshort+0.0177%4h327.86+0.130%$35K$346K10x
Phoenix ARM+0.0195%1h327.67+0.073%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h332.08+1.420%$5K$50K12xas long as short
KuCoin ARMUSDTM+0.0468%8h327.63+0.061%$2.3M$119K20xas long as short