Funding you earn now, next payment 22:00 UTC−0.0099%/8h= −10.9% APRpaid last 24h −0.025%
Price spread now: Polymarket Perps against edgeX+0.153%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days−0.522%−$52 on $10k
+Price spread, last 3 days (all we have)−0.134%−$13 · spread now +0.153%, 7d avg −0.029%
=Together, before fees−0.655%+ Points / potential airdropedgeX: Active · farm board−$66 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.182% dearer against edgeX than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of −0.029%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.1 days. At the pace of the last 7 days (−0.522% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARBUSDC | 0.2233 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $38K | $449K | 20x |
| Short | Polymarket Perps ARB-USD | 0.2236 | 0.0001 | get 0.0000% / 1h | 36m 42s | $77K | $2.3M | 10x |
edgeX ARBUSDC
Polymarket Perps ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against edgeX. 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
- −$20.85
- Price spread: +0.153% → −0.029%
- $18.2
- Slippage, 4 orders
- −$36.56
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$56.21
- Costs to cover
- 0.536%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 52 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 edgeX live order book, 52 min ago | 13.33 bp | 19.9 bp −$20 | 95.5 bp −$955 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 1.57 bp | 5.6 bp −$6 | 10.4 bp −$104 | 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 | −0.1675% | 1h | 0.2227 | −0.255% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0320% | 1h | 0.2237 | +0.189% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0211% | 8h | 0.2230 | −0.134% | $56.4M | $136.3M | 50x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2232 | −0.023% | $1.9M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0152% | 1h | 0.2235 | +0.126% | $37K | $18K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0074% | 8h | 0.2230 | −0.143% | $22.1M | $165.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0071% | 8h | 0.2233 | +0.019% | $37.5M | $63.4M | 200x | as long as short |
| SoDEX ARB-USD | −0.0065% | 1h | 0.2234 | +0.050% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2234 | +0.071% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0012% | 8h | 0.2235 | +0.104% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2233 | −0.007% | $66K | $4K | 10x | as long as short |
| Polymarket Perps ARB-USDshort | +0.0001% | 1h | 0.2236 | +0.153% | $77K | $2.3M | 10x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2236 | +0.147% | $55K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2232 | −0.015% | $355K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0009% | 8h | 0.2231 | −0.080% | $63.4M | $326.3M | 75x | as long as short |
| Gate ARB_USDT | +0.0016% | 8h | 0.2235 | +0.086% | $5.5M | $21.5M | 60x | as long as short |
| BloFin ARB-USDT | +0.0031% | 8h | 0.2235 | +0.086% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2236 | +0.148% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0084% | 8h | 0.2231 | −0.076% | $20.9M | $38.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0084% | 8h | 0.2234 | +0.050% | — | $54.0M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2231 | −0.053% | $1.3M | $7.7M | 15x | as long as short |
| ApeX Omni ARBUSDT | +0.0097% | 1h | 0.2230 | −0.120% | $121K | $297K | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2237 | +0.175% | $40.0M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2235 | +0.097% | $695K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2236 | +0.162% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2236 | +0.131% | $20.7M | $17.1M | 75x | as long as short |
| edgeX ARBUSDClong | +0.0100% | 4h | 0.2233 | long leg | $38K | $449K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2231 | −0.087% | $478K | $4.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2238 | +0.238% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2234 | +0.068% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2236 | +0.148% | $5.4M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2235 | +0.117% | $820K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2239 | +0.283% | $507K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2234 | +0.055% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0545% | 1h | 0.2238 | +0.243% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2239 | +0.270% | $492K | $2.9M | 10x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Gate ARB_USDT
BloFin ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
ApeX Omni ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC