Funding you earn now, next payment 23:00 UTC−0.0231%/8h= −25.3% APRpaid last 24h +0.024%
Price spread now: Bybit against Polymarket Perps−0.009%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs+$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days+0.418%+$42 on $10k
+Price spread, last 7 days−0.003%$0 · spread now −0.009%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.418%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARB-USD | 0.2227 | 0.0100 | pay 0.0013% / 1h | 55m 12s | $76K | $2.2M | 10x |
| Short | Bybit ARBUSDT | 0.2227 | −0.0131 | pay 0.0131% / 8h | 1h 55m | $57.3M | $136.2M | 50x |
Polymarket Perps ARB-USD
Bybit ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$48.45
- Price spread: −0.009% → −0.009%
- −$0.03
- Slippage, 4 orders
- −$14.22
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$81.7
- Costs to cover
- 0.332%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; Bybit: live order book, 4 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 | 2.26 bp | 6.7 bp −$7 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.22 bp | 10.1 bp −$10 | 18.9 bp −$189 | 49.4 bp −$4,937 | 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 | −0.1770% | 1h | 0.2213 | −0.629% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2225 | −0.067% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2221 | −0.249% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDTshort | −0.0131% | 8h | 0.2227 | −0.009% | $57.3M | $136.2M | 50x | |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2227 | −0.004% | $36.7M | $62.0M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2228 | +0.054% | $22.3M | $163.6M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0023% | 8h | 0.2227 | 0.000% | $10K | $391K | 10x | as long as short |
| Binance ARBUSDT | −0.0016% | 8h | 0.2229 | +0.081% | $63.5M | $323.7M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2227 | −0.022% | $353K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2225 | −0.099% | $66K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Orderly PERP_ARB_USDC
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2228 | +0.058% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2228 | +0.034% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0010% | 8h | 0.2228 | +0.045% | $5.5M | $20.6M | 60x | as long as short |
| SoDEX ARB-USD | +0.0064% | 1h | 0.2227 | +0.018% | $4K | $2.9M | 5x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2228 | +0.051% | $146K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2231 | +0.160% | $1.1M | $5.2M | 50x | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2227 | 0.000% | $20.9M | $38.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0089% | 8h | 0.2227 | −0.004% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2229 | +0.094% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2230 | +0.144% | $39.8M | $52.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2228 | +0.034% | $692K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2225 | −0.109% | $44K | $200K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2229 | +0.108% | $20.5M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2218 | −0.399% | $36K | $456K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2220 | −0.318% | $477K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2221 | −0.269% | $120K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USDlong | +0.0100% | 1h | 0.2227 | long leg | $76K | $2.2M | 10x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2226 | −0.045% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2228 | +0.022% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2228 | +0.045% | $5.2M | $13.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0104% | 8h | 0.2229 | +0.081% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2231 | +0.180% | $506K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2228 | +0.050% | $833K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2227 | −0.022% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2227 | −0.021% | $491K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0722% | 1h | 0.2232 | +0.229% | $1.1M | $2.7M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
SoDEX ARB-USD
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP