Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.009%
Price spread now: Extended against Polymarket Perps+0.037%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now +0.037%, 7d avg −0.003%
=Together, before fees+0.007%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.040% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.003%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 322.98 | 0.0050 | pay 0.0006% / 1h | 21m 03s | $377K | $1.4M | 10x |
| Short | Extended ARM-USD | 323.10 | 0 | get 0.0000% / 1h | 21m 03s | $39K | $188K | 10x |
Polymarket Perps ARM-USD
Extended ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$10.5
- Price spread: +0.037% → −0.003%
- $4.03
- Slippage, 4 orders
- −$29.09
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$48.56
- Costs to cover
- 0.421%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; Extended: live order book, 65 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 | 2.01 bp | 6.1 bp −$6 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Extended live order book, 65 min ago | 2.48 bp | 14.0 bp −$14 | 121.4 bp −$1,214 | doesn't fit | 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 | 322.74 | −0.073% | $7K | $126K | 20x | as long as short |
| Extended ARM-USDshort | 0.0000% | 1h | 323.10 | +0.037% | $39K | $188K | 10x | |
| Binance ARMUSDT | 0.0000% | 8h | 323.14 | +0.050% | $8.5M | $51.0M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.94 | −0.012% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.96 | −0.006% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 323.16 | +0.056% | $1.5M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.01 | +0.009% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.94 | −0.011% | $276K | $460K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.97 | −0.003% | $853 | $215K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.75 | −0.071% | $1K | $3.2M | 10x | as long as short |
Aster ARMUSDT
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 323.22 | +0.074% | $18K | $16K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0024% | 1h | 322.90 | −0.025% | $91K | $278K | 10x | as long as short |
| BloFin ARM-USDT | +0.0025% | 8h | 322.97 | −0.003% | $122K | $43K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.89 | −0.028% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0035% | 1h | 323.03 | +0.015% | $1.1M | $4.6M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.98 | 0.000% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 322.98 | long leg | $377K | $1.4M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.98 | 0.000% | $210K | $549K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0065% | 1h | 322.99 | +0.003% | $7.6M | $9.8M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 323.47 | +0.152% | $2.3M | $117K | 20x | as long as short |
| Phoenix ARM | +0.0149% | 1h | 322.83 | −0.046% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 325.90 | +0.904% | $5K | $52K | 12x | as long as short |
| edgeX ARMUSDC | +0.0256% | 4h | 323.03 | +0.015% | $34K | $347K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0462% | 1h | 323.15 | +0.053% | $12K | $144K | 10x | as long as short |
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
BloFin ARM-USDT
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
Phoenix ARM
Injective ARM/USDC PERP
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL