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

ARB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0102%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.025%
Price spread now: Pacifica against Polymarket Perps+0.091%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$440.436% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.518%+$52 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.091%, 7d avg −0.013%
Together, before fees+0.592%+ Points / potential airdropPacifica: Active · farm board+$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.104% dearer against Polymarket Perps than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ARB-USD0.2234−0.0002get 0.0000% / 1h39m 56s$77K$2.3M10x
ShortPacifica ARB0.22360.0100get 0.0013% / 1h39m 56s$46K$207K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$21.32
Price spread: +0.091% → −0.013%
$10.42
Slippage, 4 orders
−$27.59
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$11.84
Costs to cover
0.436%
Break-even
10.9 days
Slippage from Polymarket Perps: live order book, 4 min ago; Pacifica: live order book, 48 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, 4 min ago1.57 bp6.0 bp −$69.4 bp −$94doesn't fitdoesn't fit
Sell Pacifica live order book, 48 min ago8.00 bp13.9 bp −$14doesn'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−0.1675%1h0.2219−0.654%$40K$107K12xas long as short
01 Exchange ARBUSD−0.0344%1h0.2232−0.058%$7K$2K10xas long as short
Bybit ARBUSDT−0.0223%8h0.2233−0.013%$57.0M$135.9M50xas long as short
Deribit ARB_USDC-PERPETUAL−0.0198%1h0.2233−0.009%$37K$18K25xas long as short
Variational Omni ARB−0.0184%8h0.2232−0.064%$1.9M$2.8Mas long as short
OKX ARB-USDT-SWAP−0.0067%8h0.2233−0.036%$22.2M$165.7M50xas long as short
MEXC ARB_USDT−0.0066%8h0.2233−0.040%$37.7M$63.3M200xas long as short
SoDEX ARB-USD−0.0057%1h0.2232−0.058%$4K$2.9M5xas long as short
Kraken Futures PF_ARBUSD−0.0053%1h0.2234+0.026%$1.1M$5.3M50xas long as short
ApeX Omni ARBUSDT−0.0011%1h0.2222−0.519%$120K$297K50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ARB_USDC−0.0010%8h0.2233−0.027%$11K$386K10xas long as short
Polymarket Perps ARB-USDlong−0.0002%1h0.2234long leg$77K$2.3M10x
dYdX ARB-USD0.0000%1h0.2236+0.093%$66K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2235+0.053%$55K150xas long as short
Binance ARBUSDT+0.0005%8h0.2233−0.006%$63.6M$326.2M75xas long as short
Extended ARB-USD+0.0008%1h0.2232−0.054%$355K$2.5M25xas long as short
Gate ARB_USDT+0.0019%8h0.2234+0.009%$5.5M$21.5M60xas long as short
BloFin ARB-USDT+0.0022%8h0.2233−0.004%$3.0M$3.3M75xas long as short
Aevo ARB-PERP+0.0080%1h0.2234+0.018%$146K$12K3xas long as short
BingX ARB-USDT+0.0083%8h0.2233−0.040%$54.0Mas long as short
Bitget ARBUSDT+0.0084%8h0.2233−0.027%$21.0M$38.9M50xas long as short
Lighter ARB+0.0096%1h0.2234+0.018%$1.3M$7.7M15xas long as short
Hyperliquid ARB+0.0100%1h0.2237+0.148%$40.1M$53.3M10xas long as short
Aster ARBUSDT+0.0100%8h0.2234+0.015%$695K$1.8M20xas long as short
Pacifica ARBshort+0.0100%1h0.2236+0.091%$46K$207K10x
KuCoin ARBUSDTM+0.0100%8h0.2235+0.045%$20.7M$17.1M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2221−0.543%$38K$451K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2222−0.502%$477K$4.2M10xas long as short
SunX ARB-USDT+0.0100%8h0.2235+0.063%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2234+0.009%$275K$1.2M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2232−0.072%$5.4M$13.8M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0168%1h0.2235+0.043%$819K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2235+0.063%$507K$2.5M50xas long as short
Reya ARBRUSDPERP+0.0291%1h0.2232−0.051%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0529%1h0.2237+0.148%$1.1M$2.8M20xas long as short
RISEx ARB/USDC+0.0546%1h0.2235+0.058%$490K$2.9M10xas long as short