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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARB-USD | 0.2201 | −0.0122 | get 0.0015% / 1h | 45m 51s | $90K | $2.1M | 10x |
| Short | HTX ARB-USDT | 0.2205 | 0.0100 | get 0.0100% / 8h | 4h 45m | $299K | $952K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 3 min ago | 1.82 bp | 5.8 bp −$6 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell HTX live order book, 33 min ago | 14.97 bp | 28.0 bp −$28 | doesn't fit | doesn't fit | 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 | −0.1649% | 1h | 0.2188 | −0.573% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2201 | +0.009% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0135% | 8h | 0.2200 | −0.041% | $22.3M | $148.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0134% | 8h | 0.2203 | +0.132% | $40.7M | $59.6M | 200x | as long as short |
| Polymarket Perps ARB-USDlong | −0.0122% | 1h | 0.2201 | long leg | $90K | $2.1M | 10x | |
| Variational Omni ARB | −0.0116% | 8h | 0.2201 | +0.029% | $1.8M | $2.9M | — | as long as short |
| Gate ARB_USDT | −0.0100% | 8h | 0.2203 | +0.132% | $5.3M | $18.7M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0079% | 8h | 0.2202 | +0.064% | $12K | $388K | 10x | as long as short |
| Bybit ARBUSDT | −0.0044% | 8h | 0.2202 | +0.045% | $55.8M | $125.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2205 | +0.182% | $1.1M | $4.4M | 50x | 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 | 0.2203 | +0.091% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2203 | +0.114% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2202 | +0.065% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2202 | +0.052% | $351K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2201 | +0.019% | $64.2M | $306.4M | 75x | as long as short |
| BloFin ARB-USDT | +0.0038% | 8h | 0.2200 | −0.050% | $3.1M | $2.6M | 75x | as long as short |
| SoDEX ARB-USD | +0.0052% | 1h | 0.2204 | +0.164% | $10K | $2.3M | 5x | as long as short |
| Bitget ARBUSDT | +0.0065% | 8h | 0.2202 | +0.064% | $20.9M | $34.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0066% | 8h | 0.2202 | +0.059% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2204 | +0.148% | $140K | $7K | 3x | as long as short |
| Phemex ARBUSDT | +0.0091% | 8h | 0.2203 | +0.109% | $4.9M | $12.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2201 | +0.014% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2201 | +0.036% | $38.1M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2205 | +0.196% | $636K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2201 | +0.035% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2205 | +0.218% | $19.5M | $15.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2193 | −0.333% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2194 | −0.300% | $468K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2193 | −0.345% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2204 | +0.155% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDTshort | +0.0100% | 8h | 0.2205 | +0.223% | $299K | $952K | 50x | |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2203 | +0.109% | $493K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2203 | +0.090% | $477K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2202 | +0.053% | $821K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2200 | −0.022% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0636% | 1h | 0.2209 | +0.373% | $998K | $2.8M | 20x | as long as short |
Polymarket Perps ARB-USD
HTX ARB-USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
SoDEX ARB-USD
Bitget ARBUSDT
BingX ARB-USDC
Phemex ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP