Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h −0.010%

Price spread now: Gate against Polymarket Perps+0.100%7-day average +0.094% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$800.801% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 7 days−0.066%−$7 · spread now +0.100%, 7d avg +0.094%

Together, before fees−0.136%−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.094%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARM-USD	331.09	0.0192	pay 0.0024% / 1h	25m 58s	$383K	$1.3M	10x
Short	Gate ARM_USDT	331.42	0.0218	get 0.0218% / 8h	7h 25m	$1.5M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.100%Rate

Funding earned: $5.44
Price spread: +0.100% → +0.094%: $0.56
Slippage, 4 orders: −$57.08
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$74.07
Costs to cover: 0.801%
Break-even: 102.3 days

Slippage from Polymarket Perps: live order book, 2 min ago; Gate: 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 Polymarket Perps live order book, 2 min ago	2.42 bp	7.6 bp −$8	7.6 bp −$76	10.9 bp −$1,095	doesn't fit
Sell Gate live order book, 2 min ago	7.54 bp	21.3 bp −$21	60.1 bp −$601	86.5 bp −$8,652	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
Aster ARMUSDT	0.0000%	8h	330.86	−0.069%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	331.19	+0.030%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	331.26	+0.051%	$1.7M	$6.7M	20x	as long as short
SunX ARM-USDT	0.0000%	8h	331.54	+0.136%	$1K	$3.0M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	331.03	−0.018%	$12K	$125K	10x	as long as short
HTX ARM-USDT	0.0000%	8h	330.07	−0.308%	$18K	$16K	20x	as long as short
BloFin ARM-USDT	+0.0026%	8h	331.01	−0.024%	$127K	$46K	20x	as long as short
QFEX ARM-USD	+0.0026%	1h	331.31	+0.066%	$1.1M	$4.7M	10x	as long as short
Lighter ARM	+0.0032%	1h	331.00	−0.027%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	331.44	+0.106%	—	—	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International ARM-PERP-INTX	+0.0048%	1h	325.94	−1.555%	$89K	$282K	10x	as long as short
GRVT ARM_USDT_Perp	+0.0064%	8h	329.64	−0.437%	$438	$192K	10x	as long as short
Ondo Perps ARM-USD.P	+0.0070%	1h	331.28	+0.057%	$205K	$523K	10x	as long as short
Polymarket Perps ARM-USDlong	+0.0192%	1h	331.09	long leg	$383K	$1.3M	10x
Phoenix ARM	+0.0197%	1h	329.70	−0.420%	$5K	$460K	10x	as long as short
tradeXYZ xyz:ARM	+0.0204%	1h	331.20	+0.033%	$8.4M	$8.8M	10x	as long as short
Variational Omni ARM	+0.0213%	8h	331.06	−0.009%	$215K	$528K	—	as long as short
Gate ARM_USDTshort	+0.0218%	8h	331.42	+0.100%	$1.5M	$4.1M	50x
Injective ARM/USDC PERP	+0.0220%	1h	331.89	+0.242%	$5K	$50K	12x	as long as short
Binance ARMUSDT	+0.0350%	8h	331.23	+0.041%	$8.9M	$50.5M	20x	as long as short
Extended ARM-USD	+0.0352%	1h	330.98	−0.034%	$38K	$334K	10x	as long as short
edgeX ARMUSDC	+0.0391%	4h	330.59	−0.152%	$35K	$351K	10x	as long as short
Bitget ARMUSDT	+0.0661%	8h	331.21	+0.036%	$1.8M	$3.9M	20x	as long as short
KuCoin ARMUSDTM	+0.0781%	8h	331.29	+0.060%	$2.4M	$116K	20x	as long as short