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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0191%/8h= +20.9% APRpaid last 24h +0.027%
Price spread now: KuCoin against Polymarket Perps+0.116%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$500.499% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.522%+$52 on $10k
Price spread, last 7 days−0.088%−$9 · spread now +0.116%, 7d avg +0.039%
Together, before fees+0.435%+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.078% dearer against Polymarket Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ARB-USD0.2234−0.0091get 0.0011% / 1h32m 22s$71K$2.1M10x
ShortKuCoin ARBUSDTM0.22360.0100get 0.0100% / 8h1h 32m$20.6M$16.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$40.02
Price spread: +0.116% → +0.039%
$7.76
Slippage, 4 orders
−$29.91
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2.13
Costs to cover
0.499%
Break-even
7.4 days
Slippage from Polymarket Perps: live order book, 1 min ago; KuCoin: live order book, 1 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, 1 min ago2.01 bp6.0 bp −$68.8 bp −$88doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago0.89 bp18.8 bp −$1949.6 bp −$496doesn'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−0.1770%1h0.2226−0.349%$40K$283K12xas long as short
Deribit ARB_USDC-PERPETUAL−0.0242%1h0.2235+0.067%$26K$32K25xas long as short
01 Exchange ARBUSD−0.0224%1h0.2236+0.090%$7K$2K10xas long as short
Variational Omni ARB−0.0163%8h0.2239+0.228%$1.9M$2.8Mas long as short
Bybit ARBUSDT−0.0138%8h0.2233−0.036%$57.6M$134.3M50xas long as short
SoDEX ARB-USD−0.0121%1h0.2235+0.067%$4K$2.8M5xas long as short
OKX ARB-USDT-SWAP−0.0104%8h0.2234−0.009%$22.3M$161.7M50xas long as short
MEXC ARB_USDT−0.0103%8h0.22340.000%$37.4M$62.5M200xas long as short
Polymarket Perps ARB-USDlong−0.0091%1h0.2234long leg$71K$2.1M10x
Orderly PERP_ARB_USDC−0.0030%8h0.2235+0.054%$11K$394K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ARB-USD−0.0008%1h0.2234+0.012%$356K$2.4M25xas long as short
Binance ARBUSDT−0.0007%8h0.2234+0.013%$63.8M$320.8M75xas long as short
dYdX ARB-USD0.0000%1h0.2236+0.121%$66K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2236+0.087%$55K150xas long as short
Gate ARB_USDT+0.0032%8h0.2234+0.013%$5.5M$20.7M60xas long as short
Bitget ARBUSDT+0.0080%8h0.2234+0.009%$20.9M$37.7M50xas long as short
Aevo ARB-PERP+0.0080%1h0.2236+0.086%$146K$12K3xas long as short
BingX ARB-USDT+0.0083%8h0.2233−0.013%$53.4Mas long as short
Kraken Futures PF_ARBUSD+0.0085%1h0.2237+0.154%$1.1M$5.2M50xas long as short
Lighter ARB+0.0096%1h0.2237+0.161%$1.3M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2237+0.157%$39.9M$51.0M10xas long as short
Aster ARBUSDT+0.0100%8h0.2239+0.217%$696K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2237+0.148%$44K$197K10xas long as short
KuCoin ARBUSDTMshort+0.0100%8h0.2236+0.116%$20.6M$16.7M75x
edgeX ARBUSDC+0.0100%4h0.2240+0.277%$40K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2240+0.279%$475K$4.0M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2241+0.322%$121K$294K50xas long as short
SunX ARB-USDT+0.0100%8h0.2236+0.098%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2239+0.233%$276K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2238+0.188%$5.2M$13.5M50xas long as short
BloFin ARB-USDT+0.0113%8h0.2238+0.201%$3.0M$3.3M75xas long as short
Coinbase International ARB-PERP-INTX+0.0264%1h0.2239+0.233%$508K$2.3M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0275% / S −0.0158%1h0.2236+0.089%$840K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2233−0.029%$2K$69520xas long as short
RISEx ARB/USDC+0.0363%1h0.2238+0.206%$494K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0644%1h0.2241+0.304%$1.1M$2.7M20xas long as short