Funding you earn now, next payment 10:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h +0.034%
Price spread now: tradeXYZ against Polymarket Perps−0.025%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$460.455% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.025%, 7d avg +0.045%
=Together, before fees+0.105%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.070% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.045%). If the spread goes back, that is −$7 on $10k: about 5.5 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 320.45 | 0.0050 | pay 0.0006% / 1h | 57m 31s | $371K | $1.2M | 10x |
| Short | tradeXYZ xyz:ARM | 320.37 | 0.0092 | get 0.0012% / 1h | 57m 31s | $8.1M | $8.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $8.87
- Price spread: −0.025% → +0.045%
- −$7.03
- Slippage, 4 orders
- −$19.53
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$43.69
- Costs to cover
- 0.455%
- Break-even
- 41.5 days
Slippage from Polymarket Perps: live order book, 1 min ago; tradeXYZ: live order book, 11 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, 1 min ago | 2.50 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 1.56 bp | 10.8 bp −$11 | doesn't fit | 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 | −0.0175% | 8h | 320.53 | +0.025% | $1.7M | $4.1M | 20x | as long as short |
| BloFin ARM-USDT | −0.0020% | 8h | 320.31 | −0.044% | $122K | $53K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.46 | +0.003% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.45 | +0.001% | $34K | $317K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.63 | +0.056% | $8.2M | $49.8M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.57 | +0.037% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.43 | −0.006% | $1.6M | $6.1M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.64 | +0.059% | $1.4M | $4.0M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.06 | −0.121% | $185K | $255K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 320.53 | +0.025% | $1K | $2.2M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 320.23 | −0.069% | $18K | $13K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.28 | −0.053% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0037% | 1h | 320.47 | +0.006% | $1.1M | $3.3M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.62 | +0.053% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 320.45 | long leg | $371K | $1.2M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.58 | +0.041% | $182K | $429K | 10x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0092% | 1h | 320.37 | −0.025% | $8.1M | $8.7M | 10x | |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.50 | +0.016% | $2.3M | $195K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0120% | 1h | 320.32 | −0.041% | $100K | $280K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 320.02 | −0.134% | $11K | $51K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 320.22 | −0.072% | $5K | $414K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0343% | 1h | 320.50 | +0.016% | $12K | $56K | 10x | as long as short |
| edgeX ARMUSDC | +0.0409% | 4h | 320.42 | −0.009% | $35K | $359K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0442% | 8h | 320.37 | −0.024% | $381 | $244K | 10x | as long as short |
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Phoenix ARM
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC
GRVT ARM_USDT_Perp