Funding you earn now, next payment 05:00 UTC+0.0185%/8h= +20.3% APRnext payment +$0.23 per $10,000 · paid last 24h +0.007%
Price spread now: gTrade (Gains Network) against Polymarket Perps−0.106%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding pays, the price is against you. gTrade (Gains Network) is 0.106% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.106% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 46 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARB-USD | 0.2177 | −0.0176 | get 0.0022% / 1h | 10m 17s | $69K | $2.1M | 10x |
| Short | gTrade (Gains Network) ARB/USD | 0.2175 | L +0.0005% / S −0.0009% | get 0.0001% / 1h | 10m 17s | $44K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- $38.87
- Price spread: −0.106% → 0.000%
- −$10.57
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $10.3
- Costs to cover
- 0.180%
- Break-even
- 5.1 days
Slippage unknown: Polymarket Perps: live order book, 3 min ago; gTrade (Gains Network): 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, 3 min ago | 1.60 bp | 7.4 bp −$7 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.1589% | 1h | 0.2181 | +0.188% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USDlong | −0.0176% | 1h | 0.2177 | long leg | $69K | $2.1M | 10x | |
| OKX ARB-USDT-SWAP | −0.0100% | 8h | 0.2177 | +0.014% | $21.9M | $141.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0100% | 8h | 0.2177 | +0.009% | $41.2M | $60.8M | 200x | as long as short |
| Variational Omni ARB | −0.0091% | 8h | 0.2182 | +0.218% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0062% | 8h | 0.2176 | −0.041% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0052% | 8h | 0.2173 | −0.161% | $54.8M | $123.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0051% | 1h | 0.2178 | +0.066% | $1.0M | $4.4M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0024% | 1h | 0.2181 | +0.198% | $7K | $1K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2182 | +0.215% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2176 | −0.028% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USDshort | L +0.0005% / S −0.0009% | 1h | 0.2175 | −0.106% | $44K | — | 150x | |
| Gate ARB_USDT | +0.0008% | 8h | 0.2177 | −0.018% | $5.3M | $18.2M | 60x | as long as short |
| Bitget ARBUSDT | +0.0051% | 8h | 0.2176 | −0.041% | $20.7M | $33.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0053% | 8h | 0.2175 | −0.101% | — | $6.5M | — | as long as short |
| Extended ARB-USD | +0.0056% | 1h | 0.2176 | −0.059% | $348K | $2.2M | 25x | as long as short |
| Binance ARBUSDT | +0.0060% | 8h | 0.2178 | +0.063% | $63.6M | $298.9M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2177 | +0.023% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2177 | +0.004% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2178 | +0.032% | $37.0M | $48.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2177 | +0.022% | $627K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2180 | +0.165% | $42K | $158K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2179 | +0.115% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2189 | +0.576% | $38K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2190 | +0.612% | $468K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2188 | +0.510% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2177 | +0.005% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2177 | +0.009% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2173 | −0.165% | $294K | $885K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2178 | +0.051% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2181 | +0.204% | $444K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0179% | 8h | 0.2182 | +0.248% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2178 | +0.051% | $491K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2175 | −0.085% | $823K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2176 | −0.032% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0571% | 1h | 0.2185 | +0.358% | $980K | $2.8M | 20x | as long as short |
Polymarket Perps ARB-USD
gTrade (Gains Network) ARB/USD
Injective ARB/USDC PERP
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
Extended ARB-USD
Binance ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP