Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.041%
Price spread now: Binance against Polymarket Perps+0.122%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.330% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 7 days−0.162%−$16 · spread now +0.122%, 7d avg +0.109%
=The price spread sits at its 7-day average of +0.109%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 320.94 | 0.0050 | pay 0.0006% / 1h | 1m 58s | $371K | $1.3M | 10x |
| Short | Binance ARMUSDT | 321.33 | 0 | get 0.0000% / 8h | 2h 01m | $8.2M | $50.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$10.5
- Price spread: +0.122% → +0.109%
- $1.32
- Slippage, 4 orders
- −$15.03
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$42.21
- Costs to cover
- 0.330%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 1 min ago; Binance: live order book, 10 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 Polymarket Perps live order book, 1 min ago | 2.80 bp | 7.3 bp −$7 | 7.6 bp −$76 | 12.1 bp −$1,205 | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.09 bp | 11.4 bp −$11 | 15.2 bp −$152 | 84.7 bp −$8,470 | 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 | −0.0833% | 8h | 321.16 | +0.069% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0284% | 4h | 321.24 | +0.092% | $34K | $352K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.34 | +0.124% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.08 | +0.044% | $38K | $269K | 10x | as long as short |
| Binance ARMUSDTshort | 0.0000% | 8h | 321.33 | +0.122% | $8.2M | $50.3M | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 321.37 | +0.134% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.08 | +0.044% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.32 | +0.118% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.54 | +0.187% | $185K | $292K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.70 | +0.236% | $692 | $221K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.30 | +0.112% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.11 | +0.053% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 321.08 | +0.044% | $1.1M | $3.5M | 10x | as long as short |
| BloFin ARM-USDT | +0.0017% | 8h | 320.89 | −0.016% | $120K | $51K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.90 | −0.012% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.26 | +0.100% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 320.94 | long leg | $371K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.80 | −0.044% | $184K | $428K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0093% | 1h | 321.04 | +0.031% | $12K | $59K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.17 | +0.072% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0126% | 1h | 321.14 | +0.062% | $8.1M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 321.23 | +0.090% | $100K | $298K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 321.57 | +0.196% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.11 | +0.676% | $5K | $50K | 12x | as long as short |
Polymarket Perps ARM-USD
Binance ARMUSDT
Bitget ARMUSDT
edgeX ARMUSDC
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
BloFin ARM-USDT
Lighter ARM
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP