Settings8H · net · $10k
Funding arb · Price arb /

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0042%/8hpaid last 24h −0.009%
Price spread now: Polymarket Perps against BloFin+0.093%45s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.380% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.093%, 7d avg +0.005%
Together, before fees+0.065%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.088% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.005%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ARM-USDT321.170.0008pay 0.0008% / 8h4h 21m$126K$42K20x
ShortPolymarket Perps ARM-USD321.470.0050get 0.0006% / 1h21m 45s$373K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$8.84
Price spread: +0.093% → +0.005%
$8.79
Slippage, 4 orders
−$18.01
Fee BloFin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$20.37
Costs to cover
0.380%
Break-even
23.1 days
Slippage from BloFin: live order book, 3 min ago; Polymarket Perps: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 3 min ago1.25 bp12.5 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 1 min ago2.49 bp8.6 bp −$98.7 bp −$87doesn't fitdoesn't fit

ARM on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ARMUSDC−0.0151%4h321.65+0.150%$35K$343K10xas long as short
Coinbase International ARM-PERP-INTX−0.0056%1h321.09−0.025%$103K$260K10xas long as short
Aster ARMUSDT0.0000%8h321.81+0.199%$5K$117K20xas long as short
Extended ARM-USD0.0000%1h321.89+0.224%$39K$188K10xas long as short
Binance ARMUSDT0.0000%8h322.01+0.262%$8.5M$48.9M20xas long as short
Bybit ARMUSDT0.0000%8h321.69+0.162%$2.0M$2.5M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h321.83+0.205%$1.7M$6.4M20xas long as short
Gate ARM_USDT0.0000%8h322.01+0.262%$1.5M$3.9M50xas long as short
Bitget ARMUSDT0.0000%8h321.66+0.153%$1.8M$4.0M20xas long as short
Variational Omni ARM0.0000%8h321.30+0.042%$210K$494Kas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ARM_USDT_Perp0.0000%8h321.56+0.122%$405$206K10xas long as short
SunX ARM-USDT0.0000%8h321.14−0.009%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h321.63+0.143%$18K$15K20xas long as short
BloFin ARM-USDTlong+0.0008%8h321.17long leg$126K$42K20x
QFEX ARM-USD+0.0018%1h321.36+0.059%$1.1M$4.3M10xas long as short
Lighter ARM+0.0032%1h321.73+0.174%10xas long as short
Vest ARM-USD-PERP+0.0046%1h321.48+0.097%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h321.84+0.209%$7.5M$9.8M10xas long as short
Polymarket Perps ARM-USDshort+0.0050%1h321.47+0.093%$373K$1.4M10x
Ondo Perps ARM-USD.P+0.0050%1h321.09−0.025%$202K$692K10xas long as short
KuCoin ARMUSDTM+0.0100%8h321.65+0.149%$2.3M$110K20xas long as short
Phoenix ARM+0.0125%1h321.26+0.028%$22K$435K10xas long as short
Injective ARM/USDC PERP+0.0220%1h324.17+0.934%$5K$52K12xas long as short
Deribit ARM_USDC-PERPETUAL+0.0496%1h321.81+0.199%$12K$144K10xas long as short