Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0333%/8h= −36.4% APRpaid last 24h −0.024%

Price spread now: Polymarket Perps against HTX+0.100%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$710.710% of the position

Long on HTX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.521%−$52 on $10k

Price spread, last 3 days (all we have)−2.688%−$269 · spread now +0.100%, 7d avg −0.026%

Together, before fees−3.209%−$321 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.126% dearer against HTX than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.026%): +$13 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 30 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ARB-USDT	0.2209	0.0100	pay 0.0100% / 8h	2h 56m	$271K	$1.2M	50x
Short	Polymarket Perps ARB-USD	0.2211	−0.0233	pay 0.0029% / 1h	56m 11s	$69K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against HTX. 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 HTXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$69.84
Price spread: +0.100% → −0.026%: $12.6
Slippage, 4 orders: −$50.96
Fee HTX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$128.21
Costs to cover: 0.710%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; Polymarket Perps: live order book, 3 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 HTX live order book, 3 min ago	9.90 bp	24.9 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	2.03 bp	6.5 bp −$6	10.9 bp −$109	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	0.2204	−0.226%	$40K	$107K	12x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0293%	1h	0.2210	+0.041%	$36K	$18K	25x	as long as short
01 Exchange ARBUSD	−0.0272%	1h	0.2210	+0.045%	$7K	$2K	10x	as long as short
Bybit ARBUSDT	−0.0254%	8h	0.2208	−0.054%	$57.5M	$134.9M	50x	as long as short
Polymarket Perps ARB-USDshort	−0.0233%	1h	0.2211	+0.100%	$69K	$2.3M	10x
Variational Omni ARB	−0.0198%	8h	0.2217	+0.348%	$1.9M	$2.8M	—	as long as short
SoDEX ARB-USD	−0.0175%	1h	0.2209	−0.009%	$4K	$2.9M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0066%	8h	0.2209	−0.005%	$22.2M	$163.8M	50x	as long as short
MEXC ARB_USDT	−0.0063%	8h	0.2209	−0.014%	$37.4M	$62.9M	200x	as long as short
Kraken Futures PF_ARBUSD	−0.0054%	1h	0.2210	+0.057%	$1.1M	$5.2M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0006%	8h	0.2210	+0.045%	$10K	$381K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2212	+0.135%	$65K	$4K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2208	−0.043%	$351K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0003%	8h	0.2208	−0.029%	$62.9M	$325.8M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2211	+0.070%	$55K	—	150x	as long as short
BloFin ARB-USDT	+0.0017%	8h	0.2209	+0.009%	$3.0M	$3.2M	75x	as long as short
Gate ARB_USDT	+0.0026%	8h	0.2210	+0.023%	$5.4M	$21.4M	60x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2211	+0.093%	$145K	$12K	3x	as long as short
BingX ARB-USDC	+0.0081%	8h	0.2208	−0.068%	—	$6.5M	—	as long as short
Bitget ARBUSDT	+0.0082%	8h	0.2208	−0.045%	$20.7M	$38.8M	50x	as long as short
ApeX Omni ARBUSDT	+0.0091%	1h	0.2223	+0.634%	$120K	$275K	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2210	+0.023%	$1.3M	$7.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2211	+0.081%	$39.7M	$53.2M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2210	+0.045%	$696K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2213	+0.186%	$46K	$206K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2211	+0.081%	$20.4M	$17.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2221	+0.550%	$38K	$447K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2221	+0.543%	$472K	$4.3M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2211	+0.091%	$2K	$1.1M	30x	as long as short
HTX ARB-USDTlong	+0.0100%	8h	0.2209	long leg	$271K	$1.2M	50x
Phemex ARBUSDT	+0.0100%	8h	0.2210	+0.045%	$5.3M	$13.8M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2214	+0.226%	$505K	$2.5M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0290% / S −0.0189%	1h	0.2210	+0.053%	$863K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2210	+0.062%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0334%	1h	0.2212	+0.149%	$1.1M	$2.8M	20x	as long as short
RISEx ARB/USDC	+0.0546%	1h	0.2213	+0.177%	$486K	$2.9M	10x	as long as short