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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.023%
Price spread now: Aevo against Polymarket Perps+0.060%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.498%+$50 on $10k
Price spread, last 3 days (all we have)+1.331%+$133 · spread now +0.060%, 7d avg +0.087%
Together, before fees+1.829%+$183 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.027% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.060% now, against its 7-day average of +0.087%). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.498% in total) that is about 9 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ARB-USD0.2214−0.0002get 0.0000% / 1h47m 58s$76K$2.3M10x
ShortAevo ARB-PERP0.22150.0080get 0.0010% / 1h47m 58s$145K$12K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket Perps. 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
$17.27
Price spread: +0.060% → +0.087%
−$2.74
Slippage, 4 orders
−$118.84
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$128.31
Costs to cover
1.428%
Break-even
59.0 days
Slippage from Polymarket Perps: live order book, 1 min ago; Aevo: live order book, 40 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 Polymarket Perps live order book, 1 min ago2.26 bp6.3 bp −$69.6 bp −$96doesn't fitdoesn't fit
Sell Aevo live order book, 40 min ago35.52 bp65.4 bp −$65doesn't fitdoesn'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−0.1675%1h0.2199−0.669%$40K$107K12xas long as short
01 Exchange ARBUSD−0.0400%1h0.2213−0.027%$7K$2K10xas long as short
ApeX Omni ARBUSDT−0.0271%1h0.2210−0.172%$120K$297K50xas long as short
Bybit ARBUSDT−0.0241%8h0.2217+0.154%$57.6M$134.8M50xas long as short
Variational Omni ARB−0.0191%8h0.2209−0.196%$1.9M$2.8Mas long as short
MEXC ARB_USDT−0.0058%8h0.2217+0.140%$37.5M$63.1M200xas long as short
OKX ARB-USDT-SWAP−0.0057%8h0.2217+0.154%$22.1M$164.3M50xas long as short
Kraken Futures PF_ARBUSD−0.0054%1h0.2217+0.123%$1.1M$5.2M50xas long as short
SoDEX ARB-USD−0.0022%1h0.2214+0.023%$4K$2.9M5xas long as short
Deribit ARB_USDC-PERPETUAL−0.0021%1h0.2215+0.050%$36K$18K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ARB_USDC−0.0007%8h0.2214+0.009%$10K$383K10xas long as short
Polymarket Perps ARB-USDlong−0.0002%1h0.2214long leg$76K$2.3M10x
dYdX ARB-USD0.0000%1h0.2216+0.099%$65K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2215+0.054%$55K150xas long as short
Binance ARBUSDT+0.0006%8h0.2218+0.194%$63.2M$325.9M75xas long as short
Extended ARB-USD+0.0008%1h0.2217+0.150%$351K$2.5M25xas long as short
BloFin ARB-USDT+0.0013%8h0.2212−0.095%$3.0M$3.3M75xas long as short
Gate ARB_USDT+0.0022%8h0.2218+0.176%$5.5M$21.5M60xas long as short
Aevo ARB-PERPshort+0.0080%1h0.2215+0.060%$145K$12K3x
BingX ARB-USDT+0.0082%8h0.2217+0.158%$54.1Mas long as short
Bitget ARBUSDT+0.0083%8h0.2218+0.190%$20.8M$38.9M50xas long as short
Lighter ARB+0.0096%1h0.2218+0.181%$1.3M$7.7M15xas long as short
Hyperliquid ARB+0.0100%1h0.2220+0.262%$39.7M$53.0M10xas long as short
Aster ARBUSDT+0.0100%8h0.2214+0.008%$689K$1.8M20xas long as short
Pacifica ARB+0.0100%1h0.2215+0.045%$45K$207K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2218+0.194%$20.4M$17.2M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2212−0.085%$38K$449K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2211−0.145%$474K$4.2M10xas long as short
SunX ARB-USDT+0.0100%8h0.2216+0.099%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2217+0.122%$272K$1.2M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2215+0.054%$5.3M$13.8M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0275% / S −0.0168%1h0.2215+0.070%$812K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2217+0.145%$506K$2.5M50xas long as short
Reya ARBRUSDPERP+0.0291%1h0.2213−0.039%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0411%1h0.2220+0.280%$1.1M$2.8M20xas long as short
RISEx ARB/USDC+0.0546%1h0.2216+0.112%$486K$2.9M10xas long as short