Funding you earn now, next payment 11:00 UTC−0.0157%/8h= −17.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.051%
Price spread now: Polymarket Perps against Injective+0.096%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−0.214%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Polymarket Perps is 0.096% dearer against Injective than usual: you sell high and buy low (spread +0.096% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.0 days. 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 | Injective ARM/USDC PERP | 322.26 | 0.0207 | pay 0.0026% / 1h | 1m 39s | $3K | $60K | 12x |
| Short | Polymarket Perps ARM-USD | 322.57 | 0.0050 | get 0.0006% / 1h | 1m 39s | $367K | $1.2M | 10x |
Injective ARM/USDC PERP
Polymarket Perps ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. 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
- −$32.9
- Price spread: +0.096% → 0.000%
- $9.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$31.3
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 5 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 5 min ago | 2.17 bp | 7.8 bp −$8 | 8.8 bp −$88 | 18.8 bp −$1,877 | doesn't fit |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 322.42 | +0.049% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.68 | +0.129% | $33K | $325K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.86 | +0.186% | $8.2M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.90 | +0.199% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.75 | +0.152% | $1.7M | $6.3M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.87 | +0.189% | $1.4M | $4.1M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 322.84 | +0.180% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.57 | +0.096% | $187K | $219K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.41 | +0.047% | $1K | $2.0M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 322.58 | +0.099% | $12K | $53K | 10x | as long as short |
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
Deribit ARM_USDC-PERPETUALShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 322.63 | +0.115% | $18K | $10K | 20x | as long as short |
| edgeX ARMUSDC | +0.0018% | 4h | 322.38 | +0.037% | $35K | $363K | 10x | as long as short |
| QFEX ARM-USD | +0.0019% | 1h | 322.88 | +0.192% | $1.1M | $3.3M | 10x | as long as short |
| BloFin ARM-USDT | +0.0022% | 8h | 322.32 | +0.019% | $128K | $56K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.56 | +0.093% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.53 | +0.084% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 322.56 | +0.093% | $8.3M | $8.6M | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 322.57 | +0.096% | $367K | $1.2M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.03 | −0.071% | $184K | $441K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0096% | 1h | 320.69 | −0.487% | $99K | $269K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0207% | 1h | 322.26 | long leg | $3K | $60K | 12x | |
| KuCoin ARMUSDTM | +0.0207% | 8h | 322.70 | +0.137% | $2.3M | $322K | 20x | as long as short |
| Phoenix ARM | +0.0248% | 1h | 322.52 | +0.081% | $8K | $424K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0353% | 8h | 322.50 | +0.074% | $397 | $261K | 10x | as long as short |
HTX ARM-USDT
edgeX ARMUSDC
QFEX ARM-USD
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Phoenix ARM
GRVT ARM_USDT_Perp