Funding you earn now, next payment 22:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.10 per $10,000 · paid last 24h −0.023%
Price spread now: Polymarket Perps against Aevo−0.040%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1421.419% of the position
Funding, last 7 days−0.498%−$50 on $10k
+Price spread, last 3 days (all we have)−1.351%−$135 · spread now −0.040%, 7d avg −0.087%
=The price spread pays, funding is against you. Polymarket Perps is 0.047% dearer against Aevo than usual: you sell high and buy low (spread −0.040% now, against its 7-day average of −0.087%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 7 days (−0.498% in total) that is about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ARB-PERP | 0.2235 | 0.0080 | pay 0.0010% / 1h | 37m 57s | $146K | $12K | 3x |
| Short | Polymarket Perps ARB-USD | 0.2234 | −0.0001 | pay 0.0000% / 1h | 37m 57s | $77K | $2.3M | 10x |
Aevo ARB-PERP
Polymarket Perps ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Aevo. 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
- −$17.02
- Price spread: −0.040% → −0.087%
- $4.68
- Slippage, 4 orders
- −$117.89
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$154.23
- Costs to cover
- 1.419%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 50 min ago; Polymarket Perps: live order book, 6 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 Aevo live order book, 50 min ago | 35.52 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 6 min ago | 1.57 bp | 5.6 bp −$6 | 7.9 bp −$79 | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1675% | 1h | 0.2219 | −0.729% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0328% | 1h | 0.2234 | −0.063% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0287% | 1h | 0.2235 | −0.018% | $37K | $18K | 25x | as long as short |
| Bybit ARBUSDT | −0.0214% | 8h | 0.2234 | −0.054% | $56.6M | $136.2M | 50x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2232 | −0.140% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0072% | 8h | 0.2235 | −0.027% | $22.2M | $165.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0069% | 8h | 0.2233 | −0.094% | $37.6M | $63.3M | 200x | as long as short |
| SoDEX ARB-USD | −0.0068% | 1h | 0.2234 | −0.063% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2235 | −0.011% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0011% | 8h | 0.2235 | −0.013% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Bybit ARBUSDT
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USDshort | −0.0001% | 1h | 0.2234 | −0.040% | $77K | $2.3M | 10x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2238 | +0.111% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2236 | +0.031% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0008% | 8h | 0.2234 | −0.038% | $63.6M | $326.3M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2234 | −0.045% | $355K | $2.5M | 25x | as long as short |
| Gate ARB_USDT | +0.0017% | 8h | 0.2235 | −0.022% | $5.5M | $21.5M | 60x | as long as short |
| BloFin ARB-USDT | +0.0030% | 8h | 0.2235 | −0.036% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERPlong | +0.0080% | 1h | 0.2235 | long leg | $146K | $12K | 3x | |
| BingX ARB-USDT | +0.0083% | 8h | 0.2234 | −0.058% | — | $54.0M | — | as long as short |
| Bitget ARBUSDT | +0.0084% | 8h | 0.2235 | −0.013% | $21.0M | $38.8M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2235 | +0.004% | $1.3M | $7.7M | 15x | as long as short |
| ApeX Omni ARBUSDT | +0.0097% | 1h | 0.2230 | −0.237% | $121K | $297K | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2237 | +0.067% | $40.0M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2235 | +0.001% | $695K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2238 | +0.110% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2236 | +0.022% | $20.7M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2231 | −0.193% | $38K | $448K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2231 | −0.204% | $478K | $4.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2235 | −0.013% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2237 | +0.067% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2236 | +0.031% | $5.4M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2236 | +0.010% | $820K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2239 | +0.166% | $507K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2234 | −0.049% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0542% | 1h | 0.2238 | +0.116% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2237 | +0.056% | $491K | $2.9M | 10x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Gate ARB_USDT
BloFin ARB-USDT
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
ApeX Omni ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC