Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0349%/8h= −38.2% APRpaid last 24h −0.030%

Price spread now: Polymarket Perps against Aster−0.115%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$350.349% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.522%−$52 on $10k

Price spread, last 7 days+0.162%+$16 · spread now −0.115%, 7d avg −0.031%

Together, before fees−0.359%+ Points / potential airdropAster: Stage 5 · farm board−$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Polymarket Perps is 0.084% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARBUSDT	0.2267	0.0100	pay 0.0100% / 8h	11m 21s	$707K	$1.6M	20x
Short	Polymarket Perps ARB-USD	0.2265	−0.0249	pay 0.0031% / 1h	11m 21s	$68K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aster. 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 AsterbpFee Polymarket PerpsbpOrdersPrice spread, now −0.115%Rate

Funding earned: −$73.23
Price spread: −0.115% → −0.031%: −$8.36
Slippage, 4 orders: −$18.91
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$116.49
Costs to cover: 0.349%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; Polymarket Perps: live order book, 2 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 Aster live order book, 2 min ago	3.97 bp	11.9 bp −$12	46.4 bp −$464	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.65 bp	6.6 bp −$7	9.2 bp −$92	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	0.2258	−0.410%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USDshort	−0.0249%	1h	0.2265	−0.115%	$68K	$2.0M	10x
Deribit ARB_USDC-PERPETUAL	−0.0235%	1h	0.2265	−0.101%	$25K	$34K	25x	as long as short
01 Exchange ARBUSD	−0.0192%	1h	0.2265	−0.101%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0192%	8h	0.2264	−0.167%	$2.0M	$2.8M	—	as long as short
Bybit ARBUSDT	−0.0173%	8h	0.2264	−0.163%	$58.3M	$128.2M	50x	as long as short
SoDEX ARB-USD	−0.0166%	1h	0.2264	−0.146%	$4K	$2.6M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0111%	8h	0.2264	−0.132%	$22.8M	$159.4M	50x	as long as short
MEXC ARB_USDT	−0.0109%	8h	0.2265	−0.106%	$38.5M	$60.1M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0040%	8h	0.2264	−0.146%	$13K	$394K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ARB_USDT	−0.0010%	8h	0.2265	−0.106%	$5.4M	$20.3M	60x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2270	+0.105%	$67K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2266	−0.044%	$56K	—	150x	as long as short
Binance ARBUSDT	+0.0007%	8h	0.2265	−0.121%	$66.6M	$313.6M	75x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2263	−0.177%	$361K	$2.3M	25x	as long as short
BloFin ARB-USDT	+0.0053%	8h	0.2268	+0.013%	$3.1M	$2.8M	75x	as long as short
Bitget ARBUSDT	+0.0056%	8h	0.2264	−0.146%	$21.3M	$35.9M	50x	as long as short
BingX ARB-USDT	+0.0059%	8h	0.2264	−0.128%	—	$54.1M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2266	−0.077%	$148K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2269	+0.079%	$1.4M	$7.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2268	+0.035%	$41.1M	$47.7M	10x	as long as short
Aster ARBUSDTlong	+0.0100%	8h	0.2267	long leg	$707K	$1.6M	20x
Pacifica ARB	+0.0100%	1h	0.2270	+0.106%	$47K	$184K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2265	−0.093%	$19.7M	$16.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2268	+0.050%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2269	+0.075%	$487K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2268	+0.031%	$122K	$295K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2269	+0.075%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2267	+0.004%	$292K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2268	+0.031%	$5.2M	$13.1M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2274	+0.296%	$513K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0236%	1h	0.2267	+0.001%	$1.1M	$4.9M	50x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2264	−0.136%	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0296% / S −0.0186%	1h	0.2266	−0.060%	$926K	—	150x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2268	+0.038%	$515K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0468%	1h	0.2272	+0.198%	$1.0M	$2.9M	20x	as long as short