ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0362%/8h= +39.7% APRnext payment +$0.45 per $10,000 · paid last 24h +0.024%

Price spread now: ApeX Omni against Polymarket Perps−0.079%63s7-day average +0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$5as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$560.558% of the position

Long on Polymarket Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.508%+$51 on $10k

Price spread, last 3 days (all we have)+0.175%+$17 · spread now −0.079%, 7d avg +0.039%

Together, before fees+0.683%+$68 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.119% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.039%). If the spread goes back, that is −$12 on $10k: about 26 hours of funding at the current rate (+$11 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARB-USD	0.2267	−0.0262	get 0.0033% / 1h	53m 39s	$77K	$2.0M	10x
Short	ApeX Omni ARBUSDT	0.2265	0.0100	get 0.0013% / 1h	53m 39s	$122K	$295K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee ApeX OmnibpOrdersPrice spread, now −0.079%Rate

Funding earned: $76.1
Price spread: −0.079% → +0.039%: −$11.89
Slippage, 4 orders: −$37.76
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $8.46
Costs to cover: 0.558%
Break-even: 6.2 days

Slippage from Polymarket Perps: live order book, 5 min ago; ApeX Omni: live order book, 24 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 Polymarket Perps live order book, 5 min ago	3.09 bp	7.1 bp −$7	9.0 bp −$90	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 24 min ago	11.18 bp	19.6 bp −$20	123.0 bp −$1,230	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	−0.1785%	1h	0.2257	−0.432%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USDlong	−0.0262%	1h	0.2267	long leg	$77K	$2.0M	10x
01 Exchange ARBUSD	−0.0192%	1h	0.2268	+0.044%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0179%	8h	0.2263	−0.166%	$1.9M	$2.7M	—	as long as short
Bybit ARBUSDT	−0.0161%	8h	0.2283	+0.737%	$59.1M	$129.3M	50x	as long as short
SoDEX ARB-USD	−0.0114%	1h	0.2270	+0.159%	$4K	$2.6M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0103%	8h	0.2281	+0.644%	$22.9M	$161.0M	50x	as long as short
MEXC ARB_USDT	−0.0102%	8h	0.2282	+0.688%	$37.9M	$59.1M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0040%	8h	0.2269	+0.097%	$12K	$397K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2284	+0.745%	$67K	$4K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ARB-USD	0.0000%	1h	0.2283	+0.698%	$363K	$2.3M	25x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2271	+0.207%	$26K	$32K	25x	as long as short
BloFin ARB-USDT	+0.0002%	8h	0.2270	+0.132%	$3.1M	$3.3M	75x	as long as short
Binance ARBUSDT	+0.0002%	8h	0.2283	+0.706%	$65.8M	$312.7M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2271	+0.167%	$57K	—	150x	as long as short
Gate ARB_USDT	+0.0031%	8h	0.2283	+0.693%	$5.5M	$20.0M	60x	as long as short
BingX ARB-USDC	+0.0066%	8h	0.2281	+0.631%	—	$6.5M	—	as long as short
Bitget ARBUSDT	+0.0067%	8h	0.2282	+0.671%	$21.6M	$36.7M	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2272	+0.217%	$149K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2273	+0.274%	$1.4M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2275	+0.349%	$41.2M	$47.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2272	+0.224%	$707K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2282	+0.686%	$47K	$193K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2272	+0.225%	$20.4M	$16.3M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2263	−0.160%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2264	−0.124%	$492K	$3.7M	10x	as long as short
ApeX Omni ARBUSDTshort	+0.0100%	1h	0.2265	−0.079%	$122K	$295K	50x
SunX ARB-USDT	+0.0100%	8h	0.2273	+0.274%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2270	+0.159%	$284K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2270	+0.141%	$5.2M	$13.2M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2271	+0.185%	$512K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0235%	1h	0.2271	+0.197%	$1.2M	$4.9M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0274% / S −0.0157%	1h	0.2271	+0.175%	$850K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2268	+0.072%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2285	+0.810%	$507K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0501%	1h	0.2276	+0.384%	$895K	$2.8M	20x	as long as short