Funding you earn now, next payment 06:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.051%
Price spread now: Injective against Polymarket Perps+0.532%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.187%+$19 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 0.532% dearer against Polymarket Perps than usual: you sell high and buy low: +$53 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | 321.40 | 0.0050 | pay 0.0006% / 1h | 6m 06s | $372K | $1.3M | 10x |
| Short | Injective ARM/USDC PERP | 323.11 | 0.0220 | get 0.0028% / 1h | 6m 06s | $5K | $50K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $35.7
- Price spread: +0.532% → 0.000%
- $53.2
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $80.88
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Polymarket Perps: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
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 | 2.80 bp | 8.0 bp −$8 | 8.6 bp −$86 | 12.5 bp −$1,250 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 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 | −0.0866% | 8h | 321.52 | +0.037% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0219% | 4h | 321.20 | −0.061% | $34K | $350K | 10x | as long as short |
| BloFin ARM-USDT | −0.0014% | 8h | 321.20 | −0.062% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.42 | +0.006% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.48 | +0.024% | $38K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.52 | +0.037% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.43 | +0.009% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.41 | +0.003% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.58 | +0.056% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.23 | −0.053% | $185K | $293K | — | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.31 | −0.029% | $659 | $221K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.35 | −0.016% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.69 | +0.090% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 321.54 | +0.044% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.43 | +0.009% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.71 | +0.096% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 321.40 | long leg | $372K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.62 | +0.068% | $184K | $429K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0061% | 1h | 321.57 | +0.053% | $12K | $59K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.46 | +0.019% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0130% | 1h | 321.54 | +0.044% | $8.1M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 321.23 | −0.053% | $100K | $304K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 321.28 | −0.037% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERPshort | +0.0220% | 1h | 323.11 | +0.532% | $5K | $50K | 12x |
Polymarket Perps ARM-USD
Injective ARM/USDC PERP
Bitget ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM