Funding arb · Price arb /

ARM

RWAall ARM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.050%

Price spread now: Polymarket Perps against tradeXYZ+0.064%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$410.414% of the position

Long on tradeXYZ Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$9 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.064%, 7d avg −0.043%

Together, before fees−0.102%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.107% dearer against tradeXYZ than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ARM	327.65	0.0050	pay 0.0006% / 1h	14m 39s	$8.3M	$8.9M	10x
Short	Polymarket Perps ARM-USD	327.86	0.0050	get 0.0006% / 1h	14m 39s	$380K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against tradeXYZ. 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 tradeXYZbpFee Polymarket PerpsbpOrdersPrice spread, now +0.064%Rate

Funding earned: $0
Price spread: +0.064% → −0.043%: $10.72
Slippage, 4 orders: −$15.41
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$30.69
Costs to cover: 0.414%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 4 min ago; Polymarket Perps: live order book, 4 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 tradeXYZ live order book, 4 min ago	4.11 bp	14.8 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	1.98 bp	6.3 bp −$6	7.8 bp −$78	13.2 bp −$1,319	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
edgeX ARMUSDC	−0.0373%	4h	328.22	+0.175%	$35K	$346K	10x	as long as short
Coinbase International ARM-PERP-INTX	−0.0024%	1h	328.15	+0.153%	$99K	$288K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.03	+0.117%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	327.82	+0.052%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	327.66	+0.003%	$1.7M	$6.6M	20x	as long as short
GRVT ARM_USDT_Perp	0.0000%	8h	328.23	+0.177%	$853	$186K	10x	as long as short
SunX ARM-USDT	0.0000%	8h	328.36	+0.217%	$1K	$2.8M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	327.89	+0.073%	$12K	$125K	10x	as long as short
HTX ARM-USDT	0.0000%	8h	328.57	+0.281%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0015%	1h	327.66	+0.003%	$1.1M	$4.4M	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter ARM	+0.0032%	1h	327.62	−0.009%	—	—	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	328.16	+0.156%	—	—	10x	as long as short
tradeXYZ xyz:ARMlong	+0.0050%	1h	327.65	long leg	$8.3M	$8.9M	10x
Polymarket Perps ARM-USDshort	+0.0050%	1h	327.86	+0.064%	$380K	$1.3M	10x
Ondo Perps ARM-USD.P	+0.0050%	1h	327.48	−0.052%	$201K	$398K	10x	as long as short
Phoenix ARM	+0.0121%	1h	328.39	+0.226%	$5K	$444K	10x	as long as short
Variational Omni ARM	+0.0121%	8h	328.01	+0.111%	$213K	$331K	—	as long as short
Gate ARM_USDT	+0.0149%	8h	328.00	+0.107%	$1.5M	$4.2M	50x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	332.02	+1.334%	$5K	$50K	12x	as long as short
Binance ARMUSDT	+0.0240%	8h	327.82	+0.052%	$8.6M	$50.4M	20x	as long as short
Extended ARM-USD	+0.0240%	1h	327.77	+0.036%	$36K	$273K	10x	as long as short
Bitget ARMUSDT	+0.0456%	8h	328.32	+0.204%	$1.8M	$3.8M	20x	as long as short
KuCoin ARMUSDTM	+0.0772%	8h	328.09	+0.134%	$2.4M	$120K	20x	as long as short