Funding you earn now, next payment 04:00 UTC−0.0277%/8h= −30.3% APRpaid last 24h −0.079%
Price spread now: Polymarket Perps against KuCoin−0.028%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$299as in the Price arb table
costs, in and out, $10k−$3043.042% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now −0.028%, 7d avg −0.077%
=The price spread pays, funding is against you. Polymarket Perps is 0.049% dearer against KuCoin than usual: you sell high and buy low (spread −0.028% now, against its 7-day average of −0.077%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.160% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.160% in total (about -8.3% 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 | KuCoin ARMUSDTM | 326.85 | 0.0327 | pay 0.0327% / 8h | 4h 10m | $2.3M | $119K | 20x |
| Short | Polymarket Perps ARM-USD | 326.76 | 0.0050 | get 0.0006% / 1h | 10m 03s | $378K | $1.3M | 10x |
KuCoin ARMUSDTM
Polymarket Perps ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against KuCoin. 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
- −$58.17
- Price spread: −0.028% → −0.077%
- $4.91
- Slippage, 4 orders
- −$284.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$357.49
- Costs to cover
- 3.042%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Polymarket Perps: live order book, 3 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 KuCoin live order book, 7 min ago | 7.50 bp | 199.0 bp −$199 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 1.99 bp | 6.1 bp −$6 | 6.8 bp −$68 | 10.7 bp −$1,070 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 327.01 | +0.048% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 326.93 | +0.025% | $36K | $270K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 327.27 | +0.128% | $8.6M | $50.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.18 | +0.101% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.09 | +0.073% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 327.14 | +0.089% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 326.73 | −0.035% | $212K | $301K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 326.52 | −0.101% | $359 | $201K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 326.63 | −0.067% | $1K | $2.7M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 326.88 | +0.009% | $12K | $59K | 10x | as long as short |
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUALShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 326.43 | −0.128% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0018% | 8h | 326.56 | −0.089% | $127K | $49K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 326.69 | −0.049% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.00 | +0.046% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 326.84 | −0.003% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 327.12 | +0.083% | $8.2M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 326.76 | −0.028% | $378K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 326.66 | −0.058% | $197K | $416K | 10x | as long as short |
| Gate ARM_USDT | +0.0067% | 8h | 327.08 | +0.070% | $1.5M | $4.3M | 50x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 327.01 | +0.049% | $97K | $303K | 10x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 326.49 | −0.110% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.01 | +0.967% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTMlong | +0.0327% | 8h | 326.85 | long leg | $2.3M | $119K | 20x | |
| edgeX ARMUSDC | +0.0532% | 4h | 326.45 | −0.121% | $35K | $350K | 10x | as long as short |
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Ondo Perps ARM-USD.P
Gate ARM_USDT
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
edgeX ARMUSDC