Funding you earn now, next payment 05:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.03 per $10,000 · paid last 24h +0.108%
Price spread now: Deribit against Polymarket Perps+0.059%7-day average +0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.059%, 7d avg +0.026%
=The price spread pays, funding is against you. Deribit is 0.033% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.026%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.2 days. Mind the row above: over the last 4 days funding on this pair paid +0.104%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 322.39 | 0.0050 | pay 0.0006% / 1h | 16m 09s | $373K | $1.3M | 10x |
| Short | Deribit ARM_USDC-PERPETUAL | 322.58 | 0.0029 | get 0.0004% / 1h | 16m 09s | $12K | $59K | 10x |
Polymarket Perps ARM-USD
Deribit ARM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$4.39
- Price spread: +0.059% → +0.026%
- $3.26
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$16.13
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 2 min ago; Deribit: no order-book sample. 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 Polymarket Perps live order book, 2 min ago | 2.95 bp | 8.0 bp −$8 | 9.7 bp −$97 | 14.1 bp −$1,412 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0361% | 4h | 322.47 | +0.024% | $34K | $350K | 10x | as long as short |
| Bitget ARMUSDT | −0.0272% | 8h | 322.69 | +0.093% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDT | −0.0022% | 8h | 321.53 | −0.267% | $123K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.18 | −0.065% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.40 | +0.003% | $37K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.24 | −0.047% | $8.3M | $50.7M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.48 | +0.028% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.26 | −0.040% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.44 | +0.016% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.57 | +0.057% | $208K | $289K | — | as long as short |
edgeX ARMUSDC
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.62 | +0.071% | $868 | $214K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.74 | −0.202% | $869 | $2.6M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.59 | −0.248% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 322.48 | +0.028% | $1.1M | $3.7M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALshort | +0.0029% | 1h | 322.58 | +0.059% | $12K | $59K | 10x | |
| Lighter ARM | +0.0032% | 1h | 322.19 | −0.062% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.45 | +0.019% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 322.39 | long leg | $373K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.22 | −0.053% | $186K | $416K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0120% | 1h | 322.53 | +0.043% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 321.76 | −0.195% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 322.33 | −0.019% | $100K | $314K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0136% | 8h | 322.44 | +0.016% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.93 | +0.788% | $5K | $50K | 12x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Injective ARM/USDC PERP