Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0633%/8h= −69.3% APRnext payment $0.79 per $10,000 · paid last 24h −0.027%
Price spread now: Polymarket Perps against Pacifica−0.006%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$350.354% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.519%−$52 on $10k
Price spread, last 4 days (all we have)+0.984%+$98 · spread now −0.006%, 7d avg +0.015%
Together, before fees+0.465%+ Points / potential airdropPacifica: Active · farm board+$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Polymarket Perps is 0.021% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ARB0.22580.0100pay 0.0013% / 1h59m 09s$47K$193K10x
ShortPolymarket Perps ARB-USD0.2258−0.0533pay 0.0067% / 1h59m 09s$76K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Pacifica. 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

Funding earned
−$132.99
Price spread: −0.006% → +0.015%
−$2.09
Slippage, 4 orders
−$19.43
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$170.51
Costs to cover
0.354%
Break-even
never at this rate
Slippage from Pacifica: live order book, 19 min ago; Polymarket Perps: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 19 min ago6.25 bp10.5 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago1.77 bp5.8 bp −$69.3 bp −$93doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1785%1h0.2247−0.476%$41K$372K12xas long as short
Polymarket Perps ARB-USDshort−0.0533%1h0.2258−0.006%$76K$2.0M10x
SoDEX ARB-USD−0.0274%1h0.2259+0.069%$4K$2.7M5xas long as short
01 Exchange ARBUSD−0.0208%1h0.2254−0.157%$7K$2K10xas long as short
Variational Omni ARB−0.0176%8h0.2256−0.062%$1.9M$2.7Mas long as short
Bybit ARBUSDT−0.0161%8h0.2260+0.082%$58.5M$130.6M50xas long as short
Deribit ARB_USDC-PERPETUAL−0.0104%1h0.2260+0.109%$26K$32K25xas long as short
MEXC ARB_USDT−0.0101%8h0.2260+0.118%$37.4M$58.9M200xas long as short
OKX ARB-USDT-SWAP−0.0100%8h0.2259+0.069%$22.7M$160.0M50xas long as short
Orderly PERP_ARB_USDC−0.0040%8h0.2259+0.056%$13K$397K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2258+0.011%$67K$4K10xas long as short
Extended ARB-USD0.0000%1h0.2258+0.027%$358K$2.3M25xas long as short
Binance ARBUSDT+0.0001%8h0.2260+0.100%$65.0M$313.8M75xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2261+0.144%$56K150xas long as short
Gate ARB_USDT+0.0034%8h0.2260+0.096%$5.5M$19.9M60xas long as short
Bitget ARBUSDT+0.0066%8h0.2259+0.056%$21.4M$36.8M50xas long as short
BingX ARB-USDT+0.0069%8h0.2259+0.047%$53.3Mas long as short
BloFin ARB-USDT+0.0080%8h0.2260+0.087%$3.1M$3.3M75xas long as short
Aevo ARB-PERP+0.0080%1h0.2261+0.123%$148K$12K3xas long as short
Lighter ARB+0.0096%1h0.2262+0.175%$1.4M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2262+0.171%$40.4M$48.5M10xas long as short
Aster ARBUSDT+0.0100%8h0.2259+0.059%$703K$1.6M20xas long as short
Pacifica ARBlong+0.0100%1h0.2258long leg$47K$193K10x
KuCoin ARBUSDTM+0.0100%8h0.2259+0.074%$20.8M$16.2M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2258−0.004%$40K$463K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2258+0.012%$491K$3.7M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2258+0.012%$122K$295K50xas long as short
SunX ARB-USDT+0.0100%8h0.2262+0.189%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2260+0.096%$282K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2261+0.144%$5.2M$13.2M50xas long as short
Coinbase International ARB-PERP-INTX+0.0216%1h0.2260+0.100%$509K$2.3M50xas long as short
Kraken Futures PF_ARBUSD+0.0236%1h0.2262+0.188%$1.1M$4.9M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0274% / S −0.0156%1h0.2261+0.153%$848K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2258−0.008%$2K$69520xas long as short
RISEx ARB/USDC+0.0330%1h0.2257−0.050%$501K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0627%1h0.2260+0.091%$891K$2.8M20xas long as short