Funding you earn now, next payment 22:00 UTC+0.0239%/8h= +26.2% APRpaid last 24h +0.024%
Price spread now: BingX against Polymarket Perps+0.041%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$510.511% of the position
Funding, last 7 days+0.468%+$47 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now +0.041%, 7d avg −0.065%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.106% dearer against Polymarket Perps than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARB-USD | 0.2207 | −0.0156 | get 0.0019% / 1h | 54m 24s | $69K | $2.3M | 10x |
| Short | BingX ARB-USDC | 0.2208 | 0.0083 | get 0.0083% / 8h | 2h 54m | — | $6.5M | — |
Polymarket Perps ARB-USD
BingX ARB-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.16
- Price spread: +0.041% → −0.065%
- $10.61
- Slippage, 4 orders
- −$33.07
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $9.7
- Costs to cover
- 0.511%
- Break-even
- 5.6 days
Slippage from Polymarket Perps: live order book, 4 min ago; BingX: live order book, 12 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, 4 min ago | 2.03 bp | 6.0 bp −$6 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 4.49 bp | 20.1 bp −$20 | 39.7 bp −$397 | 102.9 bp −$10.3K | 586.6 bp −$293.3K |
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 | 0.2199 | −0.358% | $40K | $107K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.0762% | 1h | 0.2207 | +0.005% | $120K | $297K | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0424% | 1h | 0.2207 | 0.000% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0252% | 8h | 0.2208 | +0.050% | $57.5M | $134.8M | 50x | as long as short |
| Variational Omni ARB | −0.0192% | 8h | 0.2210 | +0.124% | $1.9M | $2.8M | — | as long as short |
| Polymarket Perps ARB-USDlong | −0.0156% | 1h | 0.2207 | long leg | $69K | $2.3M | 10x | |
| Deribit ARB_USDC-PERPETUAL | −0.0112% | 1h | 0.2209 | +0.082% | $36K | $18K | 25x | as long as short |
| SoDEX ARB-USD | −0.0080% | 1h | 0.2208 | +0.050% | $4K | $2.9M | 5x | as long as short |
| MEXC ARB_USDT | −0.0066% | 8h | 0.2206 | −0.027% | $37.1M | $62.9M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0065% | 8h | 0.2208 | +0.054% | $22.1M | $163.8M | 50x | as long as short |
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARBUSD | −0.0054% | 1h | 0.2210 | +0.119% | $1.1M | $5.2M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0007% | 8h | 0.2208 | +0.050% | $10K | $381K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2210 | +0.140% | $65K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2208 | +0.042% | $351K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0001% | 8h | 0.2208 | +0.059% | $63.0M | $325.7M | 75x | as long as short |
| BloFin ARB-USDT | +0.0002% | 8h | 0.2215 | +0.390% | $3.0M | $3.2M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2209 | +0.086% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0019% | 8h | 0.2206 | −0.027% | $5.5M | $21.4M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2209 | +0.079% | $144K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0081% | 8h | 0.2207 | +0.005% | $20.7M | $38.8M | 50x | as long as short |
| BingX ARB-USDCshort | +0.0083% | 8h | 0.2208 | +0.041% | — | $6.5M | — | |
| Lighter ARB | +0.0096% | 1h | 0.2211 | +0.186% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2208 | +0.036% | $39.6M | $53.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2208 | +0.036% | $695K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2210 | +0.124% | $46K | $206K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2208 | +0.059% | $20.3M | $17.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2213 | +0.267% | $38K | $448K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2213 | +0.281% | $470K | $4.3M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2210 | +0.140% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2207 | +0.005% | $271K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2208 | +0.050% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0166% | 1h | 0.2208 | +0.068% | $804K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2212 | +0.231% | $505K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2205 | −0.085% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0323% | 1h | 0.2219 | +0.544% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2209 | +0.116% | $484K | $2.9M | 10x | as long as short |
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDC
dYdX ARB-USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
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