Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.008%
Price spread now: Polymarket Perps against dYdX+0.212%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.309%−$31 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Polymarket Perps is 0.212% dearer against dYdX than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.309%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ARB-USD | 0.2184 | 0 | get 0.0000% / 1h | 1m 33s | $65K | $4K | 10x |
| Short | Polymarket Perps ARB-USD | 0.2189 | 0.0016 | get 0.0002% / 1h | 1m 33s | $73K | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against dYdX. 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
- $3.36
- Price spread: +0.212% → 0.000%
- $21.23
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $6.59
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Polymarket Perps: live order book, 2 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 2 min ago | 2.52 bp | 6.7 bp −$7 | 9.4 bp −$94 | doesn't fit | doesn't fit |
dYdX: 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 | −0.1612% | 1h | 0.2176 | −0.383% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0192% | 1h | 0.2184 | −0.012% | $7K | $236 | 10x | as long as short |
| MEXC ARB_USDT | −0.0071% | 8h | 0.2188 | +0.166% | $41.9M | $62.9M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0069% | 8h | 0.2188 | +0.176% | $22.0M | $145.0M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2183 | −0.062% | $16K | $410K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0025% | 1h | 0.2182 | −0.094% | $28K | $38K | 25x | as long as short |
| SoDEX ARB-USD | −0.0014% | 1h | 0.2182 | −0.113% | $9K | $2.2M | 5x | as long as short |
| Binance ARBUSDT | 0.0000% | 8h | 0.2185 | +0.049% | $63.0M | $298.9M | 75x | as long as short |
| dYdX ARB-USDlong | 0.0000% | 1h | 0.2184 | long leg | $65K | $4K | 10x | |
| Extended ARB-USD | 0.0000% | 1h | 0.2183 | −0.041% | $350K | $3.1M | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2188 | +0.148% | $72K | — | 150x | as long as short |
| Polymarket Perps ARB-USDshort | +0.0016% | 1h | 0.2189 | +0.212% | $73K | $2.1M | 10x | |
| Gate ARB_USDT | +0.0020% | 8h | 0.2184 | −0.035% | $5.4M | $18.5M | 60x | as long as short |
| Variational Omni ARB | +0.0025% | 8h | 0.2184 | −0.023% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | +0.0027% | 8h | 0.2185 | +0.038% | $53.2M | $125.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0069% | 1h | 0.2185 | +0.045% | $510K | $2.7M | 10x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2183 | −0.080% | $138K | $7K | 3x | as long as short |
| BingX ARB-USDT | +0.0087% | 8h | 0.2184 | −0.035% | — | $32.9M | — | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2188 | +0.166% | $21.1M | $34.6M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0093% | 1h | 0.2183 | −0.056% | $1.1M | $4.3M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2183 | −0.062% | $1.3M | $5.5M | 15x | as long as short |
| BloFin ARB-USDT | +0.0098% | 8h | 0.2184 | −0.003% | $3.0M | $2.3M | 75x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2188 | +0.185% | $36.6M | $49.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2185 | +0.033% | $625K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2185 | +0.020% | $43K | $146K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2189 | +0.194% | $19.4M | $13.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2181 | −0.152% | $39K | $466K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2181 | −0.169% | $463K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2184 | −0.017% | $118K | $268K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2184 | −0.017% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2182 | −0.117% | $292K | $839K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2183 | −0.062% | $4.8M | $12.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0159% | 1h | 0.2183 | −0.074% | $825K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2186 | +0.090% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2187 | +0.121% | $513K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0412% | 1h | 0.2184 | +0.002% | $977K | $2.8M | 20x | as long as short |
Polymarket Perps ARB-USD
Injective ARB/USDC PERP
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
Binance ARBUSDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
RISEx ARB/USDC
BingX ARB-USDT
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
Lighter ARB
BloFin ARB-USDT
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
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP