After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.066%7d average+0.007%fees + slippage, in and out−$46spread needed0.457%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 318.28 | 0.0050 | pay 0.0006% / 1h | 52m 09s | $370K | $1.4M | 10x |
| Short | Phoenix ARM | 318.49 | 0.0126 | get 0.0016% / 1h | 52m 09s | $17K | $421K | 10x |
Price 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
- $6.6
- Funding while held
- $2.27
- Slippage, 4 orders
- −$30.74
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$36.88
- Spread needed to break even
- 0.457%
Slippage from Polymarket Perps: live order book, 3 min ago; Phoenix: live order book, 46 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0076%
- Per $10,000 a day
- +$2.27
- 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, 3 min ago | 2.36 bp | 6.4 bp −$6 | 7.9 bp −$79 | 23.5 bp −$2,350 | doesn't fit |
| Sell Phoenix live order book, 46 min ago | 5.01 bp | 15.5 bp −$15 | 32.5 bp −$325 | doesn't fit | doesn't fit |
ARM price on every exchange
against the cheapest. Click to use as the short leg.ARM on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | −0.057% | 0.0000% | 8h | $18K | $15K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.009% | −0.0008% | 1h | $102K | $254K | 10x | as long as short |
| Lighter ARM | 0.000% | +0.0032% | 1h | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDlong | 0.000% | +0.0050% | 1h | $370K | $1.4M | 10x | |
| OKX ARM-USDT-SWAP | +0.016% | 0.0000% | 8h | $1.7M | $6.1M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.016% | +0.0100% | 8h | $2.3M | $105K | 20x | as long as short |
| Ondo Perps ARM-USD.P | +0.019% | +0.0050% | 1h | $202K | $672K | 10x | as long as short |
| Extended ARM-USD | +0.030% | 0.0000% | 1h | $38K | $188K | 10x | as long as short |
| Bybit ARMUSDT | +0.041% | 0.0000% | 8h | $2.0M | $2.5M | 25x | as long as short |
| Bitget ARMUSDT | +0.041% | 0.0000% | 8h | $1.8M | $3.9M | 20x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit ARM_USDC-PERPETUAL | +0.041% | +0.0064% | 1h | $12K | $144K | 10x | as long as short |
| BloFin ARM-USDT | +0.041% | −0.0009% | 8h | $126K | $39K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.050% | +0.0134% | 1h | $7.4M | $9.6M | 10x | as long as short |
| SunX ARM-USDT | +0.050% | 0.0000% | 8h | $1K | $3.2M | 10x | as long as short |
| edgeX ARMUSDC | +0.050% | −0.0269% | 4h | $35K | $341K | 10x | as long as short |
| Binance ARMUSDT | +0.052% | 0.0000% | 8h | $8.3M | $46.2M | 20x | as long as short |
| Aster ARMUSDT | +0.066% | 0.0000% | 8h | $4K | $112K | 20x | as long as short |
| Phoenix ARMshort | +0.066% | +0.0126% | 1h | $17K | $421K | 10x | |
| QFEX ARM-USD | +0.075% | +0.0009% | 1h | $1.1M | $4.1M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.075% | +0.0046% | 1h | — | — | 10x | as long as short |
| Variational Omni ARM | +0.089% | 0.0000% | 8h | $193K | $479K | — | as long as short |
| Gate ARM_USDT | +0.107% | 0.0000% | 8h | $1.5M | $3.7M | 50x | as long as short |
| Injective ARM/USDC PERP | +1.232% | +0.0220% | 1h | $17K | $46K | 12x | as long as short |
Polymarket Perps ARM-USD
Phoenix ARM
HTX
Coinbase International
Lighter
OKX
KuCoin
Extended
Bybit
Bitget
Deribit
BloFin
tradeXYZ
SunX
Binance
Aster
Variational Omni
Gate
Injective