Funding you earn now, next payment 03:00 UTC−0.0035%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.049%
Price spread now: Polymarket Perps against tradeXYZ0.000%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days+0.181%+$18 · spread now 0.000%, 7d avg −0.041%
=Together, before fees+0.096%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.041% dearer against tradeXYZ than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.041%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 328.81 | 0.0085 | pay 0.0011% / 1h | 21m 16s | $8.3M | $8.7M | 10x |
| Short | Polymarket Perps ARM-USD | 328.81 | 0.0050 | get 0.0006% / 1h | 21m 16s | $381K | $1.3M | 10x |
tradeXYZ xyz:ARM
Polymarket Perps ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against tradeXYZ. 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
- −$7.39
- Price spread: 0.000% → −0.041%
- $4.1
- Slippage, 4 orders
- −$10.93
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$40.22
- Costs to cover
- 0.369%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago | 0.91 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 3.05 bp | 7.1 bp −$7 | 8.2 bp −$82 | 12.6 bp −$1,264 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0888% | 4h | 328.18 | −0.190% | $35K | $346K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 328.65 | −0.049% | $101K | $293K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 329.07 | +0.078% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.88 | +0.021% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.85 | +0.012% | $1.7M | $6.7M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.40 | −0.126% | $581 | $189K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.21 | −0.182% | $650 | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.02 | −0.240% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0004% | 8h | 328.26 | −0.167% | $128K | $48K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 328.70 | −0.033% | $1.1M | $4.2M | 10x | as long as short |
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARM | +0.0018% | 8h | 328.40 | −0.124% | $213K | $319K | — | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.17 | −0.195% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.68 | −0.040% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 328.81 | 0.000% | $381K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.20 | −0.186% | $202K | $405K | 10x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0085% | 1h | 328.81 | long leg | $8.3M | $8.7M | 10x | |
| Extended ARM-USD | +0.0112% | 1h | 328.89 | +0.023% | $36K | $272K | 10x | as long as short |
| Binance ARMUSDT | +0.0113% | 8h | 328.97 | +0.050% | $8.6M | $50.0M | 20x | as long as short |
| Gate ARM_USDT | +0.0114% | 8h | 329.15 | +0.103% | $1.4M | $4.3M | 50x | as long as short |
| Phoenix ARM | +0.0122% | 1h | 328.23 | −0.176% | $5K | $434K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.09 | +0.998% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0274% | 8h | 328.98 | +0.052% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0618% | 8h | 328.98 | +0.052% | $2.4M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0754% | 1h | 329.08 | +0.082% | $12K | $125K | 10x | as long as short |
Variational Omni ARM
Lighter ARM
Vest ARM-USD-PERP
Ondo Perps ARM-USD.P
Extended ARM-USD
Binance ARMUSDT
Gate ARM_USDT
Phoenix ARM
Injective ARM/USDC PERP
Bitget ARMUSDT
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL