Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0222%/8h= +24.4% APRpaid last 24h +0.033%
Price spread now: HTX against Polymarket Perps+0.223%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$750.750% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.514%+$51 on $10k
Price spread, last 4 days (all we have)+0.985%+$99 · spread now +0.223%, 7d avg +0.028%
Together, before fees+1.499%+$150 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and HTX is 0.195% dearer against Polymarket Perps than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ARB-USD0.2201−0.0122get 0.0015% / 1h45m 51s$90K$2.1M10x
ShortHTX ARB-USDT0.22050.0100get 0.0100% / 8h4h 45m$299K$952K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
$46.7
Price spread: +0.223% → +0.028%
$19.51
Slippage, 4 orders
−$55.05
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$8.83
Costs to cover
0.750%
Break-even
8.3 days
Slippage from Polymarket Perps: live order book, 3 min ago; HTX: live order book, 33 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 3 min ago1.82 bp5.8 bp −$69.9 bp −$99doesn't fitdoesn't fit
Sell HTX live order book, 33 min ago14.97 bp28.0 bp −$28doesn't fitdoesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1649%1h0.2188−0.573%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0144%1h0.2201+0.009%$7K$2K10xas long as short
OKX ARB-USDT-SWAP−0.0135%8h0.2200−0.041%$22.3M$148.0M50xas long as short
MEXC ARB_USDT−0.0134%8h0.2203+0.132%$40.7M$59.6M200xas long as short
Polymarket Perps ARB-USDlong−0.0122%1h0.2201long leg$90K$2.1M10x
Variational Omni ARB−0.0116%8h0.2201+0.029%$1.8M$2.9Mas long as short
Gate ARB_USDT−0.0100%8h0.2203+0.132%$5.3M$18.7M60xas long as short
Orderly PERP_ARB_USDC−0.0079%8h0.2202+0.064%$12K$388K10xas long as short
Bybit ARBUSDT−0.0044%8h0.2202+0.045%$55.8M$125.9M50xas long as short
Kraken Futures PF_ARBUSD−0.0006%1h0.2205+0.182%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2203+0.091%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2203+0.114%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2202+0.065%$32K150xas long as short
Extended ARB-USD+0.0008%1h0.2202+0.052%$351K$2.5M25xas long as short
Binance ARBUSDT+0.0013%8h0.2201+0.019%$64.2M$306.4M75xas long as short
BloFin ARB-USDT+0.0038%8h0.2200−0.050%$3.1M$2.6M75xas long as short
SoDEX ARB-USD+0.0052%1h0.2204+0.164%$10K$2.3M5xas long as short
Bitget ARBUSDT+0.0065%8h0.2202+0.064%$20.9M$34.6M50xas long as short
BingX ARB-USDC+0.0066%8h0.2202+0.059%$6.5Mas long as short
Aevo ARB-PERP+0.0080%1h0.2204+0.148%$140K$7K3xas long as short
Phemex ARBUSDT+0.0091%8h0.2203+0.109%$4.9M$12.9M50xas long as short
Lighter ARB+0.0096%1h0.2201+0.014%$1.2M$5.7M15xas long as short
Hyperliquid ARB+0.0100%1h0.2201+0.036%$38.1M$48.8M10xas long as short
Aster ARBUSDT+0.0100%8h0.2205+0.196%$636K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2201+0.035%$43K$169K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2205+0.218%$19.5M$15.1M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2193−0.333%$40K$463K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2194−0.300%$468K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2193−0.345%$118K$282K50xas long as short
SunX ARB-USDT+0.0100%8h0.2204+0.155%$1K$1.1M30xas long as short
HTX ARB-USDTshort+0.0100%8h0.2205+0.223%$299K$952K50x
Coinbase International ARB-PERP-INTX+0.0224%1h0.2203+0.109%$493K$2.0M50xas long as short
RISEx ARB/USDC+0.0225%1h0.2203+0.090%$477K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2202+0.053%$821K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2200−0.022%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0636%1h0.2209+0.373%$998K$2.8M20xas long as short