What’s today’s index rate if I am up for the 5-year ARM loan for adjustment?

I have a 5 year ARM mortgage and it’ll be 5 years soon. The loan ($ 120k) is too low for refinance with no cost, and I only plan to keep the property for another year. So I am just wondering what’s the new rate it’ll be on the loan? Currently it’s 4.625% for my 5 years, but I heard the new rate is tied to the “index rate”. Could someone explain what this index rate is and how can I figure out what rate I’ll end up with if my loan is being adjusted. Thanks!

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