Funding you earn now, next payment 00:00 UTC−0.0330%/8h= −36.2% APRnext payment −$0.41 per $10,000 · paid last 24h −0.024%
Price spread now: Polymarket Perps against ApeX Omni+0.057%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$570.572% of the position
Funding, last 7 days−0.508%−$51 on $10k
+Price spread, last 3 days (all we have)−0.156%−$16 · spread now +0.057%, 7d avg −0.039%
=The price spread pays, funding is against you. Polymarket Perps is 0.097% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.039%): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ARBUSDT | 0.2261 | 0.0100 | pay 0.0013% / 1h | 4m 35s | $122K | $295K | 50x |
| Short | Polymarket Perps ARB-USD | 0.2262 | −0.0230 | pay 0.0029% / 1h | 4m 35s | $66K | $2.0M | 10x |
ApeX Omni ARBUSDT
Polymarket Perps ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against ApeX Omni. 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
- −$69.33
- Price spread: +0.057% → −0.039%
- $9.67
- Slippage, 4 orders
- −$39.2
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$116.87
- Costs to cover
- 0.572%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 8 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 ApeX Omni live order book, 8 min ago | 11.02 bp | 23.3 bp −$23 | 110.3 bp −$1,103 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 2.21 bp | 7.5 bp −$7 | 9.5 bp −$95 | 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 | −0.1785% | 1h | 0.2249 | −0.531% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USDshort | −0.0230% | 1h | 0.2262 | +0.057% | $66K | $2.0M | 10x | |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2268 | +0.318% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0196% | 8h | 0.2255 | −0.255% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0180% | 8h | 0.2267 | +0.279% | $58.4M | $128.0M | 50x | as long as short |
| SoDEX ARB-USD | −0.0174% | 1h | 0.2263 | +0.066% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0112% | 8h | 0.2267 | +0.270% | $22.9M | $159.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0111% | 8h | 0.2268 | +0.318% | $38.5M | $60.2M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0042% | 8h | 0.2262 | +0.044% | $13K | $394K | 10x | as long as short |
| Gate ARB_USDT | −0.0015% | 8h | 0.2269 | +0.336% | $5.4M | $20.3M | 60x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Gate ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0003% | 8h | 0.2269 | +0.351% | $66.8M | $313.2M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2269 | +0.334% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2267 | +0.278% | $361K | $2.3M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2264 | +0.119% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2264 | +0.133% | $56K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0052% | 8h | 0.2268 | +0.310% | $21.4M | $36.0M | 50x | as long as short |
| BingX ARB-USDT | +0.0054% | 8h | 0.2268 | +0.314% | — | $54.1M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2264 | +0.119% | $148K | $12K | 3x | as long as short |
| BloFin ARB-USDT | +0.0094% | 8h | 0.2260 | −0.057% | $3.1M | $2.8M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2269 | +0.363% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2270 | +0.402% | $41.1M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2268 | +0.327% | $705K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2268 | +0.330% | $47K | $183K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2268 | +0.305% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2262 | +0.023% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2263 | +0.088% | $485K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDTlong | +0.0100% | 1h | 0.2261 | long leg | $122K | $295K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2265 | +0.177% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2260 | −0.053% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2263 | +0.088% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2264 | +0.133% | $511K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2265 | +0.161% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2261 | +0.021% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0297% / S −0.0186% | 1h | 0.2264 | +0.121% | $926K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2270 | +0.412% | $516K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0456% | 1h | 0.2267 | +0.261% | $1.0M | $2.8M | 20x | as long as short |
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP