Spread before costs (cost unknown: a leg has no order-book sample)+0.409%
7d average—if it closes, per $10,000$41funding while held, a day−$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 320.29 | 0.0050 | pay 0.0006% / 1h | 18m 18s | $372K | $1.4M | 10x |
| Short | HTX ARM-USDT | 321.60 | 0 | get 0.0000% / 8h | 5h 18m | $18K | $15K | 20x |
Polymarket Perps ARM-USD
HTX ARM-USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $40.9
- Funding while held
- −$1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $19.4
- Spread needed to break even
- 0.200%
Slippage unknown: Polymarket Perps: live order book, 2 min ago; HTX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- Average in range /8h
- —
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 | 3.27 bp | 7.4 bp −$7 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ARM price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International320.00cheapestOKX320.08+0.025%Binance320.20+0.063%tradeXYZ320.28+0.087%KuCoin320.28+0.087%
Coinbase International
OKX
Binance
tradeXYZ
KuCoinPolymarket Perps320.29+0.091%
Bybit320.34+0.106%Bitget320.38+0.119%QFEX320.49+0.153%Vest320.60+0.188%Extended320.61+0.190%Aster320.62+0.192%Gate320.68+0.212%Deribit320.77+0.241%Lighter320.84+0.262%BloFin321.20+0.375%Phoenix321.39+0.434%SunX321.50+0.469%
Bybit
Bitget
QFEX
Vest
Extended
Aster
Gate
Deribit
Lighter
BloFin
Phoenix
SunXHTX321.60+0.500%
Ondo Perps321.67+0.522%Variational Omni321.71+0.535%edgeX321.76+0.551%
Ondo Perps
Variational OmniInjective351.73+9.916%
InjectiveARM on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | −0.091% | −0.0008% | 1h | $102K | $258K | 10x | as long as short |
| OKX ARM-USDT-SWAP | −0.066% | 0.0000% | 8h | $1.7M | $6.2M | 20x | as long as short |
| Binance ARMUSDT | −0.028% | 0.0000% | 8h | $8.4M | $47.3M | 20x | as long as short |
| tradeXYZ xyz:ARM | −0.003% | +0.0050% | 1h | $7.4M | $9.6M | 10x | as long as short |
| KuCoin ARMUSDTM | −0.003% | +0.0100% | 8h | $2.3M | $107K | 20x | as long as short |
| Polymarket Perps ARM-USDlong | 0.000% | +0.0050% | 1h | $372K | $1.4M | 10x | |
| Bybit ARMUSDT | +0.016% | 0.0000% | 8h | $2.0M | $2.5M | 25x | as long as short |
| Bitget ARMUSDT | +0.028% | 0.0000% | 8h | $1.8M | $3.9M | 20x | as long as short |
| QFEX ARM-USD | +0.062% | +0.0009% | 1h | $1.1M | $4.2M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.097% | +0.0046% | 1h | — | — | 10x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ARM-USD | +0.099% | 0.0000% | 1h | $39K | $188K | 10x | as long as short |
| Aster ARMUSDT | +0.102% | 0.0000% | 8h | $4K | $116K | 20x | as long as short |
| Gate ARM_USDT | +0.122% | 0.0000% | 8h | $1.5M | $3.8M | 50x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.150% | 0.0000% | 1h | $12K | $144K | 10x | as long as short |
| Lighter ARM | +0.172% | +0.0032% | 1h | — | — | 10x | as long as short |
| BloFin ARM-USDT | +0.284% | −0.0030% | 8h | $126K | $40K | 20x | as long as short |
| Phoenix ARM | +0.343% | +0.0126% | 1h | $17K | $421K | 10x | as long as short |
| SunX ARM-USDT | +0.378% | 0.0000% | 8h | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDTshort | +0.409% | 0.0000% | 8h | $18K | $15K | 20x | |
| Ondo Perps ARM-USD.P | +0.431% | +0.0050% | 1h | $205K | $687K | 10x | as long as short |
| Variational Omni ARM | +0.444% | 0.0000% | 8h | $195K | $480K | — | as long as short |
| edgeX ARMUSDC | +0.460% | +0.0750% | 4h | $35K | $342K | 10x | as long as short |
| Injective ARM/USDC PERP | +9.816% | +0.0220% | 1h | $18K | $46K | 12x | as long as short |