ARM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h −0.021%

Price spread now: Polymarket Perps against Coinbase International−0.006%47s7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.347% of the position

Long on Coinbase International Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.116%−$12 on $10k

Price spread, last 3 days (all we have)+0.091%+$9 · spread now −0.006%, 7d avg +0.012%

Together, before fees−0.025%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.116%, so the current rate has only just turned in your favour. The two prices were read 47 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	Coinbase International ARM-PERP-INTX	328.06	−0.0024	get 0.0003% / 1h	16m 22s	$99K	$287K	10x
Short	Polymarket Perps ARM-USD	328.04	0.0050	get 0.0006% / 1h	16m 22s	$380K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Polymarket PerpsbpOrdersPrice spread, now −0.006%Rate

Funding earned: $15.54
Price spread: −0.006% → +0.012%: −$1.79
Slippage, 4 orders: −$16.72
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$20.97
Costs to cover: 0.347%
Break-even: 16.4 days

Slippage from Coinbase International: live order book, 52 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 Coinbase International live order book, 52 min ago	5.00 bp	10.0 bp −$10	16.7 bp −$167	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	1.98 bp	6.3 bp −$6	7.8 bp −$78	13.2 bp −$1,319	doesn't fit

ARM on 23 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	−0.0373%	4h	328.22	+0.049%	$35K	$346K	10x	as long as short
Coinbase International ARM-PERP-INTXlong	−0.0024%	1h	328.06	long leg	$99K	$287K	10x
Aster ARMUSDT	0.0000%	8h	328.26	+0.060%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	328.09	+0.009%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	328.19	+0.040%	$1.7M	$6.6M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	328.23	+0.052%	$853	$186K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.36	+0.091%	$1K	$2.8M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	328.57	+0.155%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0015%	1h	328.16	+0.030%	$1.1M	$4.4M	10x	as long as short
Lighter ARM	+0.0032%	1h	328.12	+0.018%	—	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ARM-USD-PERP	+0.0046%	1h	328.20	+0.043%	—	—	10x	as long as short
tradeXYZ xyz:ARM	+0.0050%	1h	328.08	+0.006%	$8.3M	$8.9M	10x	as long as short
Polymarket Perps ARM-USDshort	+0.0050%	1h	328.04	−0.006%	$380K	$1.3M	10x
Ondo Perps ARM-USD.P	+0.0050%	1h	328.07	+0.003%	$201K	$402K	10x	as long as short
Phoenix ARM	+0.0121%	1h	328.81	+0.229%	$5K	$444K	10x	as long as short
Variational Omni ARM	+0.0132%	8h	328.41	+0.108%	$213K	$332K	—	as long as short
Gate ARM_USDT	+0.0160%	8h	328.35	+0.088%	$1.5M	$4.2M	50x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	332.02	+1.207%	$5K	$50K	12x	as long as short
Binance ARMUSDT	+0.0245%	8h	328.19	+0.041%	$8.6M	$50.4M	20x	as long as short
Extended ARM-USD	+0.0248%	1h	328.25	+0.057%	$36K	$273K	10x	as long as short
Bitget ARMUSDT	+0.0479%	8h	328.32	+0.079%	$1.8M	$3.8M	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0542%	1h	328.47	+0.125%	$12K	$125K	10x	as long as short
KuCoin ARMUSDTM	+0.0774%	8h	328.25	+0.058%	$2.4M	$120K	20x	as long as short