ARM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.16 per $10,000 · paid last 24h +0.009%

Price spread now: Coinbase International against Polymarket Perps+0.019%47s7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as 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−$350.353% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.106%+$11 on $10k

Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.019%, 7d avg −0.009%

Together, before fees−0.008%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.028% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.009%. 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	Polymarket Perps ARM-USD	321.17	0.0050	pay 0.0006% / 1h	4m 19s	$371K	$1.3M	10x
Short	Coinbase International ARM-PERP-INTX	321.23	0.0176	get 0.0022% / 1h	4m 19s	$100K	$299K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 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 Polymarket PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +0.019%Rate

Funding earned: $26.46
Price spread: +0.019% → −0.009%: $2.78
Slippage, 4 orders: −$17.31
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$6.07
Costs to cover: 0.353%
Break-even: 8.6 days

Slippage from Polymarket Perps: live order book, 4 min ago; Coinbase International: live order book, 44 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, 4 min ago	2.80 bp	8.0 bp −$8	8.6 bp −$86	12.5 bp −$1,250	doesn't fit
Sell Coinbase International live order book, 44 min ago	4.81 bp	9.9 bp −$10	17.7 bp −$177	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	−0.0847%	8h	321.34	+0.053%	$1.8M	$4.0M	20x	as long as short
edgeX ARMUSDC	−0.0710%	4h	321.59	+0.131%	$34K	$351K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	321.30	+0.040%	$7K	$126K	20x	as long as short
Extended ARM-USD	0.0000%	1h	321.28	+0.033%	$38K	$269K	10x	as long as short
Binance ARMUSDT	0.0000%	8h	321.30	+0.040%	$8.2M	$50.3M	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	321.27	+0.031%	$1.9M	$2.1M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	321.16	−0.003%	$1.6M	$6.7M	20x	as long as short
Gate ARM_USDT	0.0000%	8h	321.34	+0.053%	$1.4M	$4.4M	50x	as long as short
Variational Omni ARM	0.0000%	8h	321.54	+0.115%	$185K	$292K	—	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	321.70	+0.164%	$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	+0.040%	$1K	$2.5M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	321.69	+0.162%	$18K	$17K	20x	as long as short
QFEX ARM-USD	+0.0011%	1h	321.26	+0.028%	$1.1M	$3.5M	10x	as long as short
BloFin ARM-USDT	+0.0015%	8h	321.22	+0.016%	$120K	$51K	20x	as long as short
Lighter ARM	+0.0032%	1h	321.20	+0.009%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	321.40	+0.072%	—	—	10x	as long as short
Polymarket Perps ARM-USDlong	+0.0050%	1h	321.17	long leg	$371K	$1.3M	10x
Ondo Perps ARM-USD.P	+0.0050%	1h	321.62	+0.140%	$184K	$429K	10x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0093%	1h	321.20	+0.009%	$12K	$59K	10x	as long as short
KuCoin ARMUSDTM	+0.0100%	8h	321.37	+0.062%	$2.3M	$119K	20x	as long as short
tradeXYZ xyz:ARM	+0.0130%	1h	321.30	+0.040%	$8.1M	$8.7M	10x	as long as short
Coinbase International ARM-PERP-INTXshort	+0.0176%	1h	321.23	+0.019%	$100K	$299K	10x
Phoenix ARM	+0.0200%	1h	321.57	+0.125%	$5K	$446K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	323.11	+0.604%	$5K	$50K	12x	as long as short