Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: OKX against Polymarket Perps−0.084%7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 7 days−0.025%−$3 · spread now −0.084%, 7d avg +0.078%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.162% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.078%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 321.04 | 0.0050 | pay 0.0006% / 1h | 4m 22s | $371K | $1.3M | 10x |
| Short | OKX ARM-USDT-SWAP | 320.77 | 0 | get 0.0000% / 8h | 1h 04m | $1.6M | $6.6M | 20x |
Polymarket Perps ARM-USD
OKX ARM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.084% → +0.078%
- −$16.22
- Slippage, 4 orders
- −$22.06
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$66.78
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 1.87 bp | 9.0 bp −$9 | 10.4 bp −$104 | 14.4 bp −$1,444 | doesn't fit |
| Sell OKX live order book, 4 min ago | 3.27 bp | 12.9 bp −$13 | 58.3 bp −$583 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0801% | 8h | 321.02 | −0.006% | $1.7M | $4.1M | 20x | as long as short |
| edgeX ARMUSDC | −0.0108% | 4h | 321.08 | +0.011% | $34K | $352K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.98 | −0.019% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.96 | −0.024% | $36K | $273K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.09 | +0.016% | $8.3M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.03 | −0.003% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAPshort | 0.0000% | 8h | 320.77 | −0.084% | $1.6M | $6.6M | 20x | |
| Gate ARM_USDT | 0.0000% | 8h | 321.10 | +0.019% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.27 | +0.071% | $185K | $278K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.13 | +0.029% | $941 | $231K | 10x | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 320.60 | −0.137% | $1K | $2.5M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 321.00 | −0.012% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.03 | −0.003% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | 0.0000% | 8h | 320.59 | −0.140% | $122K | $51K | 20x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 320.80 | −0.075% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.93 | −0.034% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.91 | −0.040% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 321.04 | long leg | $371K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.18 | +0.044% | $185K | $434K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.06 | +0.006% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0188% | 1h | 321.09 | +0.016% | $8.2M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 321.23 | +0.059% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 321.18 | +0.044% | $97K | $293K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.28 | +0.698% | $5K | $50K | 12x | as long as short |
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP