Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: HTX against Polymarket Perps−0.058%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.058% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | 328.25 | 0.0050 | pay 0.0006% / 1h | 54m 37s | $380K | $1.3M | 10x |
| Short | HTX ARM-USDT | 328.06 | 0 | get 0.0000% / 8h | 5h 54m | $18K | $16K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: −0.058% → 0.000%
- −$5.79
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$36.29
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 4 min ago; HTX: 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, 4 min ago | 2.29 bp | 8.4 bp −$8 | 8.7 bp −$87 | 17.0 bp −$1,696 | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 327.47 | −0.238% | $101K | $291K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.27 | +0.006% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.48 | +0.070% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.44 | +0.058% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.21 | −0.012% | $1K | $186K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.26 | +0.003% | $1K | $2.8M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 328.29 | +0.012% | $12K | $125K | 10x | as long as short |
| HTX ARM-USDTshort | 0.0000% | 8h | 328.06 | −0.058% | $18K | $16K | 20x | |
| QFEX ARM-USD | +0.0011% | 1h | 328.16 | −0.027% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.18 | −0.021% | — | — | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.37 | +0.037% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 328.26 | +0.003% | $8.3M | $8.7M | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 328.25 | long leg | $380K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.02 | −0.070% | $202K | $397K | 10x | as long as short |
| Variational Omni ARM | +0.0082% | 8h | 328.09 | −0.050% | $213K | $326K | — | as long as short |
| Phoenix ARM | +0.0121% | 1h | 327.86 | −0.119% | $5K | $434K | 10x | as long as short |
| Gate ARM_USDT | +0.0124% | 8h | 328.58 | +0.101% | $1.4M | $4.2M | 50x | as long as short |
| Binance ARMUSDT | +0.0191% | 8h | 328.31 | +0.018% | $8.6M | $50.2M | 20x | as long as short |
| Extended ARM-USD | +0.0192% | 1h | 328.22 | −0.009% | $36K | $273K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.57 | +0.707% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0233% | 8h | 328.22 | −0.009% | $1.8M | $3.8M | 20x | as long as short |
| edgeX ARMUSDC | +0.0587% | 4h | 328.13 | −0.035% | $35K | $345K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0714% | 8h | 328.39 | +0.043% | $2.4M | $119K | 20x | as long as short |
Polymarket Perps ARM-USD
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
Lighter ARM
tradeXYZ xyz:ARM
Variational Omni ARM
Phoenix ARM
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
Injective ARM/USDC PERP
Bitget ARMUSDT
edgeX ARMUSDC
KuCoin ARMUSDTM