Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0294%/8h= +32.2% APRpaid last 24h +0.015%

Price spread now: Gate against Polymarket Perps−0.022%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$510.511% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.353%+$35 on $10k

Price spread, last 7 days−0.019%−$2 · spread now −0.022%, 7d avg +0.008%

Together, before fees+0.334%+$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.030% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.008%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARB-USD	0.2279	−0.0283	get 0.0035% / 1h	34m 14s	$75K	$2.0M	10x
Short	Gate ARB_USDT	0.2278	0.0011	get 0.0011% / 8h	34m 14s	$5.5M	$20.2M	60x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.022%Rate

Funding earned: $61.82
Price spread: −0.022% → +0.008%: −$3.01
Slippage, 4 orders: −$28.07
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $7.74
Costs to cover: 0.511%
Break-even: 6.1 days

Slippage from Polymarket Perps: live order book, 5 min ago; Gate: live order book, 5 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	2.86 bp	6.9 bp −$7	8.9 bp −$89	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	0.88 bp	16.4 bp −$16	33.1 bp −$331	93.3 bp −$9,326	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	0.2264	−0.645%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USDlong	−0.0283%	1h	0.2279	long leg	$75K	$2.0M	10x
Variational Omni ARB	−0.0182%	8h	0.2273	−0.237%	$2.0M	$2.8M	—	as long as short
Bybit ARBUSDT	−0.0163%	8h	0.2278	−0.018%	$58.6M	$128.9M	50x	as long as short
01 Exchange ARBUSD	−0.0160%	1h	0.2279	+0.004%	$7K	$2K	10x	as long as short
OKX ARB-USDT-SWAP	−0.0110%	8h	0.2278	−0.031%	$23.0M	$160.9M	50x	as long as short
MEXC ARB_USDT	−0.0109%	8h	0.2279	+0.009%	$38.2M	$59.6M	200x	as long as short
SoDEX ARB-USD	−0.0067%	1h	0.2279	0.000%	$4K	$2.6M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0041%	8h	0.2279	+0.013%	$13K	$395K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0013%	1h	0.2280	+0.048%	$26K	$32K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2276	−0.131%	$67K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2280	+0.047%	$55K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2278	−0.031%	$363K	$2.3M	25x	as long as short
Binance ARBUSDT	+0.0010%	8h	0.2279	−0.001%	$66.7M	$314.1M	75x	as long as short
Gate ARB_USDTshort	+0.0011%	8h	0.2278	−0.022%	$5.5M	$20.2M	60x
BloFin ARB-USDT	+0.0038%	8h	0.2273	−0.246%	$3.1M	$2.8M	75x	as long as short
Bitget ARBUSDT	+0.0067%	8h	0.2278	−0.031%	$21.5M	$36.1M	50x	as long as short
BingX ARB-USDC	+0.0067%	8h	0.2276	−0.127%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2281	+0.081%	$149K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2280	+0.061%	$1.4M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2281	+0.123%	$41.5M	$47.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2279	−0.003%	$710K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2275	−0.158%	$48K	$185K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2279	+0.009%	$19.8M	$16.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2274	−0.197%	$40K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2275	−0.178%	$485K	$3.7M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2274	−0.206%	$123K	$295K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2277	−0.075%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2280	+0.061%	$291K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2277	−0.075%	$5.2M	$13.1M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2278	−0.031%	$513K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0235%	1h	0.2280	+0.063%	$1.2M	$4.9M	50x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2278	−0.029%	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0296% / S −0.0186%	1h	0.2280	+0.037%	$932K	—	150x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2281	+0.119%	$504K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0479%	1h	0.2282	+0.154%	$928K	$2.8M	20x	as long as short