Funding you earn now, next payment 00:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.027%
Price spread now: Injective against Polymarket Perps+0.913%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 0.913% dearer against Polymarket Perps than usual: you sell high and buy low: +$91 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | 325.20 | 0.0050 | pay 0.0006% / 1h | 47m 47s | $464K | $1.7M | 10x |
| Short | Injective ARM/USDC PERP | 328.17 | 0.0220 | get 0.0028% / 1h | 47m 47s | $5K | $52K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $35.7
- Price spread: +0.913% → 0.000%
- $91.33
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $119.01
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Polymarket Perps: live order book, 1 min ago; Injective: 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, 1 min ago | 1.85 bp | 5.8 bp −$6 | 8.1 bp −$81 | 14.1 bp −$1,410 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0002% | 8h | 325.29 | +0.028% | $123K | $44K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.01 | −0.057% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.30 | +0.031% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.43 | +0.071% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.28 | +0.025% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.12 | −0.025% | $1K | $3.2M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 325.28 | +0.025% | $12K | $145K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.40 | +0.062% | $18K | $17K | 20x | as long as short |
| Variational Omni ARM | +0.0016% | 8h | 325.18 | −0.005% | $213K | $523K | — | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.018% | $88K | $289K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 325.19 | −0.003% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0033% | 1h | 325.34 | +0.043% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.39 | +0.058% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.29 | +0.028% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 325.20 | long leg | $464K | $1.7M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 325.12 | −0.025% | $208K | $557K | 10x | as long as short |
| Gate ARM_USDT | +0.0053% | 8h | 325.47 | +0.083% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0133% | 8h | 325.27 | +0.022% | $8.6M | $51.0M | 20x | as long as short |
| Extended ARM-USD | +0.0136% | 1h | 325.26 | +0.019% | $39K | $188K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0219% | 8h | 325.30 | +0.030% | $420 | $207K | 10x | as long as short |
| Injective ARM/USDC PERPshort | +0.0220% | 1h | 328.17 | +0.913% | $5K | $52K | 12x | |
| Phoenix ARM | +0.0271% | 1h | 325.29 | +0.028% | $5K | $460K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0481% | 8h | 325.45 | +0.077% | $2.3M | $118K | 20x | as long as short |
| edgeX ARMUSDC | +0.0739% | 4h | 325.17 | −0.010% | $35K | $350K | 10x | as long as short |
Polymarket Perps ARM-USD
Injective ARM/USDC PERP
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Variational Omni ARM
Coinbase International ARM-PERP-INTX
Lighter ARM
tradeXYZ xyz:ARM
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
GRVT ARM_USDT_Perp
Phoenix ARM
KuCoin ARMUSDTM
edgeX ARMUSDC