Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.041%
Price spread now: Polymarket Perps against Binance−0.047%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now −0.047%, 7d avg −0.109%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.062% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARMUSDT | 321.55 | 0 | get 0.0000% / 8h | 2h 06m | $8.2M | $50.3M | 20x |
| Short | Polymarket Perps ARM-USD | 321.40 | 0.0050 | get 0.0006% / 1h | 6m 36s | $372K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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
- $10.5
- Price spread: −0.047% → −0.109%
- $6.23
- Slippage, 4 orders
- −$15.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$17.05
- Costs to cover
- 0.338%
- Break-even
- 18.4 days
Slippage from Binance: 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 Binance live order book, 6 min ago | 1.09 bp | 7.5 bp −$8 | 28.6 bp −$286 | 103.3 bp −$10.3K | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 2.80 bp | 6.8 bp −$7 | 7.3 bp −$73 | 11.0 bp −$1,099 | 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 | −0.0866% | 8h | 321.52 | −0.009% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0219% | 4h | 321.20 | −0.107% | $34K | $350K | 10x | as long as short |
| BloFin ARM-USDT | −0.0014% | 8h | 321.20 | −0.109% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.46 | −0.027% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.47 | −0.024% | $38K | $269K | 10x | as long as short |
| Binance ARMUSDTlong | 0.0000% | 8h | 321.55 | long leg | $8.2M | $50.3M | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 321.47 | −0.025% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.45 | −0.031% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.66 | +0.034% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.23 | −0.100% | $185K | $293K | — | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.31 | −0.076% | $659 | $221K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.35 | −0.062% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.69 | +0.044% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 321.54 | −0.003% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.44 | −0.034% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.71 | +0.050% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 321.40 | −0.047% | $372K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.62 | +0.022% | $184K | $429K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.45 | −0.031% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0130% | 1h | 321.52 | −0.009% | $8.1M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 321.23 | −0.100% | $100K | $304K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 321.28 | −0.084% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.11 | +0.485% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0497% | 1h | 321.57 | +0.006% | $12K | $59K | 10x | as long as short |
Binance ARMUSDT
Polymarket Perps ARM-USD
Bitget ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL