Funding you earn now, next payment 07:00 UTC−0.0223%/8h= −24.4% APRpaid last 24h +0.022%
Price spread now: Polymarket Perps against edgeX+0.030%64s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.281% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.030%, 7d avg −0.016%
=Together, before fees+0.081%+ Points / potential airdropedgeX: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.046% dearer against edgeX than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of −0.016%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 7 days funding on this pair paid +0.085%, so the current rate has only just turned against you. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.085% in total (about 4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARMUSDC | 319.60 | 0.0273 | pay 0.0137% / 4h | 1h 26m | $34K | $351K | 10x |
| Short | Polymarket Perps ARM-USD | 319.70 | 0.0050 | get 0.0006% / 1h | 26m 05s | $370K | $1.3M | 10x |
edgeX ARMUSDC
Polymarket Perps ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against edgeX. 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
- −$46.86
- Price spread: +0.030% → −0.016%
- $4.63
- Slippage, 4 orders
- −$11.08
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$70.31
- Costs to cover
- 0.281%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 17 min ago; Polymarket Perps: live order book, 2 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 edgeX live order book, 17 min ago | 1.56 bp | 6.6 bp −$7 | 84.5 bp −$845 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 2.50 bp | 8.0 bp −$8 | 9.1 bp −$91 | 13.8 bp −$1,377 | 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 | −0.0906% | 8h | 319.96 | +0.112% | $1.8M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0003% | 8h | 319.45 | −0.048% | $122K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.94 | +0.105% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.55 | −0.016% | $36K | $267K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.05 | +0.139% | $8.2M | $50.4M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.97 | +0.115% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.00 | +0.124% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.08 | +0.149% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.35 | −0.078% | $184K | $284K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 319.50 | −0.031% | $431 | $228K | 10x | as long as short |
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
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 | 319.56 | −0.013% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.53 | −0.023% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0021% | 1h | 319.58 | −0.007% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.76 | +0.049% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 319.64 | +0.012% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 319.70 | +0.030% | $370K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.11 | −0.154% | $184K | $432K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.85 | +0.077% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0173% | 1h | 320.03 | +0.134% | $8.2M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 319.65 | +0.015% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 319.16 | −0.139% | $97K | $294K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.41 | +1.191% | $5K | $50K | 12x | as long as short |
| edgeX ARMUSDClong | +0.0273% | 4h | 319.60 | long leg | $34K | $351K | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0721% | 1h | 319.54 | −0.020% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
HTX 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
Deribit ARM_USDC-PERPETUAL