Funding you earn now, next payment 02:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.025%
Price spread now: Extended against Polymarket Perps+0.041%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$440.443% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.041%, 7d avg 0.000%
=Together, before fees−0.215%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.041% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of 0.000%. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 328.11 | 0.0050 | pay 0.0006% / 1h | 17m 58s | $380K | $1.3M | 10x |
| Short | Extended ARM-USD | 328.24 | 0.0248 | get 0.0031% / 1h | 17m 58s | $36K | $278K | 10x |
Polymarket Perps ARM-USD
Extended ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $41.58
- Price spread: +0.041% → 0.000%
- $4.06
- Slippage, 4 orders
- −$31.25
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $1.39
- Costs to cover
- 0.443%
- Break-even
- 6.8 days
Slippage from Polymarket Perps: live order book, 5 min ago; Extended: live order book, 49 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, 5 min ago | 3.80 bp | 8.0 bp −$8 | 8.1 bp −$81 | 14.9 bp −$1,486 | doesn't fit |
| Sell Extended live order book, 49 min ago | 3.03 bp | 14.2 bp −$14 | 91.8 bp −$918 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.06 | −0.015% | $99K | $287K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.26 | +0.046% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.30 | +0.058% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.43 | +0.098% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.80 | +0.210% | $279 | $185K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.36 | +0.076% | $1K | $2.8M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.73 | +0.189% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0015% | 1h | 328.12 | +0.003% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.10 | −0.003% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.33 | +0.067% | — | — | 10x | as long as short |
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ARM | +0.0050% | 1h | 328.27 | +0.049% | $8.3M | $8.9M | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 328.11 | long leg | $380K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.07 | −0.012% | $204K | $402K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.81 | +0.213% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0132% | 8h | 328.41 | +0.093% | $213K | $332K | — | as long as short |
| Gate ARM_USDT | +0.0153% | 8h | 328.65 | +0.165% | $1.5M | $4.2M | 50x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.58 | +1.058% | $5K | $50K | 12x | as long as short |
| Extended ARM-USDshort | +0.0248% | 1h | 328.24 | +0.041% | $36K | $278K | 10x | |
| Binance ARMUSDT | +0.0249% | 8h | 328.34 | +0.070% | $8.6M | $50.4M | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0420% | 1h | 328.36 | +0.076% | $12K | $125K | 10x | as long as short |
| Bitget ARMUSDT | +0.0492% | 8h | 328.44 | +0.101% | $1.8M | $3.8M | 20x | as long as short |
| edgeX ARMUSDC | +0.0750% | 4h | 328.39 | +0.084% | $35K | $346K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0775% | 8h | 328.45 | +0.104% | $2.4M | $120K | 20x | as long as short |
tradeXYZ xyz:ARM
Ondo Perps ARM-USD.P
Phoenix ARM
Variational Omni ARM
Gate ARM_USDT
Injective ARM/USDC PERP
Binance ARMUSDT
Deribit ARM_USDC-PERPETUAL
Bitget ARMUSDT
edgeX ARMUSDC
KuCoin ARMUSDTM