Funding you earn now, next payment 07:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h −0.019%
Price spread now: BloFin against Polymarket Perps−0.041%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.041%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.044% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 320.11 | 0.0050 | pay 0.0006% / 1h | 41m 10s | $370K | $1.3M | 10x |
| Short | BloFin ARM-USDT | 319.98 | 0.0014 | get 0.0014% / 8h | 1h 41m | $122K | $51K | 20x |
Polymarket Perps ARM-USD
BloFin ARM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$7.65
- Price spread: −0.041% → +0.003%
- −$4.35
- Slippage, 4 orders
- −$23.58
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$55.58
- Costs to cover
- 0.436%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; BloFin: live order book, 30 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, 2 min ago | 2.34 bp | 7.9 bp −$8 | 8.7 bp −$87 | 12.6 bp −$1,260 | doesn't fit |
| Sell BloFin live order book, 30 min ago | 2.34 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | 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 | 320.30 | +0.059% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0054% | 4h | 320.23 | +0.038% | $34K | $353K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.14 | +0.009% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.13 | +0.006% | $36K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.20 | +0.028% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.11 | 0.000% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.91 | −0.062% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.23 | +0.037% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.01 | −0.030% | $184K | $287K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.27 | +0.048% | $637 | $226K | 10x | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 319.97 | −0.044% | $1K | $2.5M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 320.23 | +0.037% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.09 | −0.006% | $18K | $17K | 20x | as long as short |
| BloFin ARM-USDTshort | +0.0014% | 8h | 319.98 | −0.041% | $122K | $51K | 20x | |
| QFEX ARM-USD | +0.0021% | 1h | 320.10 | −0.003% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.11 | 0.000% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.28 | +0.053% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 320.11 | long leg | $370K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.98 | −0.041% | $184K | $433K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.46 | +0.109% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0127% | 1h | 320.14 | +0.009% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 320.12 | +0.003% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 321.23 | +0.350% | $100K | $295K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.40 | +1.340% | $5K | $50K | 12x | as long as short |
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP