Funding you earn now, next payment 23:00 UTC−0.0162%/8h= −17.8% APRpaid last 24h −0.041%
Price spread now: Polymarket Perps against BloFin−0.036%105s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.334% of the position
Funding, last 7 days−0.558%−$56 on $10k
+Price spread, last 3 days (all we have)−0.681%−$68 · spread now −0.036%, 7d avg −0.044%
=The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARB-USDT | 0.2240 | 0.0109 | pay 0.0109% / 8h | 1h 37m | $3.0M | $3.3M | 75x |
| Short | Polymarket Perps ARB-USD | 0.2239 | −0.0053 | pay 0.0007% / 1h | 37m 31s | $76K | $2.1M | 10x |
BloFin ARB-USDT
Polymarket Perps ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BloFin. 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
- −$34.1
- Price spread: −0.036% → −0.044%
- $0.81
- Slippage, 4 orders
- −$13.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$66.65
- Costs to cover
- 0.334%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Polymarket Perps: live order book, 1 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 BloFin live order book, 6 min ago | 0.45 bp | 7.2 bp −$7 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 1 min ago | 2.23 bp | 6.2 bp −$6 | 8.5 bp −$85 | 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 | −0.1770% | 1h | 0.2226 | −0.629% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2239 | −0.045% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0162% | 8h | 0.2236 | −0.165% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0140% | 8h | 0.2239 | −0.054% | $57.7M | $135.3M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0100% | 8h | 0.2239 | −0.054% | $22.4M | $163.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0099% | 8h | 0.2241 | +0.036% | $37.5M | $62.4M | 200x | as long as short |
| SoDEX ARB-USD | −0.0060% | 1h | 0.2241 | +0.031% | $4K | $2.8M | 5x | as long as short |
| Polymarket Perps ARB-USDshort | −0.0053% | 1h | 0.2239 | −0.036% | $76K | $2.1M | 10x | |
| Orderly PERP_ARB_USDC | −0.0027% | 8h | 0.2243 | +0.129% | $10K | $394K | 10x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2240 | −0.011% | $356K | $2.4M | 25x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDC
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0007% | 8h | 0.2240 | −0.027% | $63.9M | $322.2M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2242 | +0.084% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2244 | +0.174% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2244 | +0.183% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0030% | 8h | 0.2241 | +0.031% | $5.5M | $20.7M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2243 | +0.118% | $147K | $12K | 3x | as long as short |
| BingX ARB-USDC | +0.0081% | 8h | 0.2240 | −0.004% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0084% | 8h | 0.2240 | −0.004% | $21.0M | $37.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2243 | +0.111% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2242 | +0.067% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2242 | +0.080% | $40.0M | $50.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2241 | +0.059% | $696K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2242 | +0.074% | $45K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2242 | +0.067% | $20.6M | $16.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2237 | −0.123% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2237 | −0.123% | $481K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2237 | −0.138% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2244 | +0.174% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2242 | +0.103% | $277K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2241 | +0.040% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDTlong | +0.0109% | 8h | 0.2240 | long leg | $3.0M | $3.3M | 75x | |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2243 | +0.129% | $509K | $2.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0158% | 1h | 0.2244 | +0.185% | $842K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2238 | −0.078% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2242 | +0.063% | $494K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0639% | 1h | 0.2245 | +0.228% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP