ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.021%

Price spread now: Polymarket Perps against Deribit−0.094%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Polymarket Perps is 0.094% cheaper against Deribit than usual: you would sell low and buy high (spread −0.094% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 26 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ARB_USDC-PERPETUAL	0.2233	−0.0019	get 0.0002% / 1h	36m 00s	$37K	$18K	25x
Short	Polymarket Perps ARB-USD	0.2231	−0.0007	pay 0.0001% / 1h	36m 00s	$77K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Deribit. 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 DeribitbpFee Polymarket PerpsbpOrdersPrice spread, now −0.094%Rate

Funding earned: $2.55
Price spread: −0.094% → 0.000%: −$9.4
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$21.86
Costs to cover: 0.150%
Break-even: 67.1 days

Slippage unknown: Deribit: no order-book sample; Polymarket Perps: live order book, 3 min ago. Net counts fees only.

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 Deribit no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 3 min ago	1.57 bp	5.6 bp −$6	10.4 bp −$104	doesn't fit	doesn't fit

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.2227	−0.287%	$40K	$107K	12x	as long as short
01 Exchange ARBUSD	−0.0312%	1h	0.2231	−0.094%	$7K	$2K	10x	as long as short
Bybit ARBUSDT	−0.0211%	8h	0.2233	0.000%	$56.5M	$136.3M	50x	as long as short
Variational Omni ARB	−0.0184%	8h	0.2232	−0.055%	$1.9M	$2.8M	—	as long as short
MEXC ARB_USDT	−0.0074%	8h	0.2233	−0.031%	$37.5M	$63.4M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0073%	8h	0.2233	−0.009%	$22.2M	$165.7M	50x	as long as short
SoDEX ARB-USD	−0.0060%	1h	0.2233	−0.036%	$4K	$2.9M	5x	as long as short
Kraken Futures PF_ARBUSD	−0.0053%	1h	0.2233	0.000%	$1.1M	$5.3M	50x	as long as short
Deribit ARB_USDC-PERPETUALlong	−0.0019%	1h	0.2233	long leg	$37K	$18K	25x
Orderly PERP_ARB_USDC	−0.0012%	8h	0.2233	−0.018%	$10K	$387K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ARB-USDshort	−0.0007%	1h	0.2231	−0.094%	$77K	$2.3M	10x
dYdX ARB-USD	0.0000%	1h	0.2233	−0.039%	$66K	$4K	10x	as long as short
Gate ARB_USDT	+0.0004%	8h	0.2234	+0.009%	$5.5M	$21.5M	60x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2234	+0.009%	$55K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2232	−0.075%	$355K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0009%	8h	0.2234	+0.045%	$63.5M	$326.3M	75x	as long as short
BloFin ARB-USDT	+0.0031%	8h	0.2235	+0.054%	$3.0M	$3.3M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2234	+0.023%	$146K	$12K	3x	as long as short
Bitget ARBUSDT	+0.0084%	8h	0.2233	−0.018%	$21.0M	$38.8M	50x	as long as short
BingX ARB-USDT	+0.0084%	8h	0.2233	−0.036%	—	$54.0M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2234	+0.031%	$1.3M	$7.7M	15x	as long as short
ApeX Omni ARBUSDT	+0.0097%	1h	0.2230	−0.152%	$121K	$297K	50x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2236	+0.099%	$40.0M	$53.1M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2233	−0.022%	$695K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2232	−0.074%	$46K	$205K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2235	+0.049%	$20.7M	$17.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2233	−0.032%	$38K	$449K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2231	−0.119%	$478K	$4.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2233	−0.018%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2231	−0.121%	$274K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2232	−0.063%	$5.4M	$13.8M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0168%	1h	0.2234	+0.011%	$818K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2234	+0.027%	$506K	$2.5M	50x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2231	−0.124%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0536%	1h	0.2236	+0.134%	$1.1M	$2.8M	20x	as long as short
RISEx ARB/USDC	+0.0546%	1h	0.2233	−0.030%	$491K	$2.9M	10x	as long as short