ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0019%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.018%

Price spread now: Deribit against Polymarket Perps+0.040%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.040% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARB-USD	0.2244	−0.0132	get 0.0017% / 1h	11m 57s	$73K	$2.0M	10x
Short	Deribit ARB_USDC-PERPETUAL	0.2245	−0.0151	pay 0.0019% / 1h	11m 57s	$26K	$32K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$3.89
Price spread: +0.040% → 0.000%: $4.01
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$14.88
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 2 min ago; Deribit: no order-book sample. Net counts fees only.

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, 2 min ago	2.46 bp	6.5 bp −$6	9.1 bp −$91	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.2231	−0.575%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0240%	1h	0.2244	+0.018%	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0206%	1h	0.2244	+0.004%	$4K	$2.7M	5x	as long as short
Variational Omni ARB	−0.0168%	8h	0.2236	−0.336%	$1.9M	$2.7M	—	as long as short
Bybit ARBUSDT	−0.0152%	8h	0.2245	+0.045%	$58.0M	$132.5M	50x	as long as short
Deribit ARB_USDC-PERPETUALshort	−0.0151%	1h	0.2245	+0.040%	$26K	$32K	25x
Polymarket Perps ARB-USDlong	−0.0132%	1h	0.2244	long leg	$73K	$2.0M	10x
OKX ARB-USDT-SWAP	−0.0099%	8h	0.2246	+0.076%	$22.5M	$160.5M	50x	as long as short
MEXC ARB_USDT	−0.0099%	8h	0.2245	+0.053%	$37.3M	$62.7M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0039%	8h	0.2244	+0.004%	$10K	$395K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDT	−0.0008%	8h	0.2246	+0.108%	$64.4M	$316.0M	75x	as long as short
Extended ARB-USD	−0.0008%	1h	0.2244	+0.025%	$356K	$2.4M	25x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2245	+0.040%	$66K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2245	+0.030%	$56K	—	150x	as long as short
Gate ARB_USDT	+0.0038%	8h	0.2246	+0.085%	$5.5M	$20.7M	60x	as long as short
Bitget ARBUSDT	+0.0066%	8h	0.2246	+0.094%	$21.2M	$37.1M	50x	as long as short
BingX ARB-USDC	+0.0068%	8h	0.2245	+0.045%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2245	+0.041%	$147K	$12K	3x	as long as short
Kraken Futures PF_ARBUSD	+0.0085%	1h	0.2246	+0.086%	$1.1M	$5.1M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2246	+0.076%	$1.3M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2247	+0.120%	$40.1M	$50.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2245	+0.050%	$697K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2244	+0.022%	$44K	$193K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2246	+0.076%	$20.7M	$16.4M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2238	−0.247%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2239	−0.197%	$486K	$3.8M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2240	−0.174%	$121K	$295K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2245	+0.049%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2244	+0.009%	$277K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2244	+0.004%	$5.2M	$13.3M	50x	as long as short
BloFin ARB-USDT	+0.0112%	8h	0.2241	−0.107%	$3.0M	$3.3M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0264%	1h	0.2246	+0.094%	$507K	$2.3M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0274% / S −0.0156%	1h	0.2244	+0.020%	$842K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2242	−0.065%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0363%	1h	0.2246	+0.114%	$497K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0617%	1h	0.2248	+0.178%	$1.1M	$2.7M	20x	as long as short