ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0375%/8h= +41.1% APRnext payment +$0.47 per $10,000 · paid last 24h +0.087%

Price spread now: Reya against Polymarket Perps−0.066%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.066% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 14 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARB-USD	0.2215	−0.0085	get 0.0011% / 1h	39m 42s	$96K	$2.1M	10x
Short	Reya ARBRUSDPERP	0.2214	0.0290	get 0.0036% / 1h	39m 42s	$2K	$695	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.066%Rate

Funding earned: $78.76
Price spread: −0.066% → 0.000%: −$6.57
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $58.18
Costs to cover: 0.140%
Break-even: 1.8 days

Slippage unknown: Polymarket Perps: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.

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, 4 min ago	1.80 bp	6.2 bp −$6	9.2 bp −$92	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1577%	1h	0.2205	−0.451%	$40K	$372K	12x	as long as short
SoDEX ARB-USD	−0.0158%	1h	0.2214	−0.063%	$10K	$2.4M	5x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0156%	1h	0.2215	−0.014%	$24K	$34K	25x	as long as short
Variational Omni ARB	−0.0150%	8h	0.2215	−0.008%	$1.9M	$2.9M	—	as long as short
01 Exchange ARBUSD	−0.0136%	1h	0.2211	−0.181%	$7K	$2K	10x	as long as short
MEXC ARB_USDT	−0.0135%	8h	0.2212	−0.149%	$38.2M	$59.1M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0134%	8h	0.2211	−0.181%	$22.2M	$151.3M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0098%	1h	0.2216	+0.032%	$1.1M	$4.6M	50x	as long as short
Gate ARB_USDT	−0.0088%	8h	0.2211	−0.172%	$5.4M	$19.0M	60x	as long as short
Bybit ARBUSDT	−0.0087%	8h	0.2211	−0.176%	$56.2M	$126.4M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ARB-USDlong	−0.0085%	1h	0.2215	long leg	$96K	$2.1M	10x
Orderly PERP_ARB_USDC	−0.0072%	8h	0.2214	−0.045%	$12K	$384K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2214	−0.064%	$65K	$5K	10x	as long as short
Binance ARBUSDT	+0.0004%	8h	0.2212	−0.133%	$64.5M	$308.6M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0013%	1h	0.2215	+0.017%	$11K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2210	−0.219%	$352K	$2.5M	25x	as long as short
ApeX Omni ARBUSDT	+0.0022%	1h	0.2223	+0.361%	$120K	$283K	50x	as long as short
BloFin ARB-USDT	+0.0022%	8h	0.2214	−0.054%	$3.1M	$2.7M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2215	+0.009%	$140K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2213	−0.108%	$1.2M	$6.4M	15x	as long as short
Bitget ARBUSDT	+0.0097%	8h	0.2210	−0.226%	$21.1M	$35.0M	50x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2214	−0.045%	$38.4M	$49.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2214	−0.062%	$649K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2212	−0.135%	$42K	$178K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2213	−0.090%	$19.5M	$15.5M	75x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2214	−0.041%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2215	−0.001%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2221	+0.289%	$477K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2217	+0.090%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2214	−0.045%	$297K	$946K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2214	−0.045%	$5.0M	$12.9M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2224	+0.411%	$508K	$2.1M	50x	as long as short
RISEx ARB/USDC	+0.0232%	1h	0.2213	−0.099%	$487K	$2.7M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2215	−0.002%	$826K	—	150x	as long as short
Reya ARBRUSDPERPshort	+0.0290%	1h	0.2214	−0.066%	$2K	$695	20x
Backpack ARB_USDC_PERP	+0.0547%	1h	0.2217	+0.108%	$999K	$2.8M	20x	as long as short