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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.22 per $10,000 · paid last 24h −0.022%
Price spread now: SoDEX against Polymarket Perps+0.070%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.005%$0 on $10k
Price spread, last 3 days (all we have)+0.777%+$78 · spread now +0.070%, 7d avg +0.027%
Together, before fees+0.772%+$77 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SoDEX is 0.043% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ARB-USD0.2280−0.0209get 0.0026% / 1h52m 08s$78K$2.0M10x
ShortSoDEX ARB-USD0.2281−0.0030pay 0.0004% / 1h52m 08s$4K$2.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$37.6
Price spread: +0.070% → +0.027%
$4.35
Slippage, 4 orders
−$10.33
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$15.61
Costs to cover
0.263%
Break-even
4.1 days
Slippage from Polymarket Perps: live order book, 2 min ago; SoDEX: live order book, 2 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, 2 min ago3.72 bp7.7 bp −$816.1 bp −$161doesn't fitdoesn't fit
Sell SoDEX live order book, 2 min ago0.22 bp5.5 bp −$618.6 bp −$186doesn'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−0.1785%1h0.2261−0.816%$41K$372K12xas long as short
Polymarket Perps ARB-USDlong−0.0209%1h0.2280long leg$78K$2.0M10x
Variational Omni ARB−0.0179%8h0.2263−0.726%$1.9M$2.7Mas long as short
01 Exchange ARBUSD−0.0176%1h0.2282+0.088%$7K$2K10xas long as short
Bybit ARBUSDT−0.0161%8h0.2282+0.097%$59.1M$129.2M50xas long as short
MEXC ARB_USDT−0.0102%8h0.2281+0.079%$37.8M$59.2M200xas long as short
OKX ARB-USDT-SWAP−0.0101%8h0.2281+0.048%$23.0M$161.1M50xas long as short
Orderly PERP_ARB_USDC−0.0040%8h0.2281+0.061%$13K$398K10xas long as short
SoDEX ARB-USDshort−0.0030%1h0.2281+0.070%$4K$2.7M5x
dYdX ARB-USD0.0000%1h0.2282+0.101%$67K$4K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ARB-USD0.0000%1h0.2281+0.040%$363K$2.3M25xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2282+0.110%$26K$32K25xas long as short
Binance ARBUSDT+0.0004%8h0.2283+0.132%$65.8M$314.0M75xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2282+0.087%$57K150xas long as short
BloFin ARB-USDT+0.0009%8h0.2287+0.311%$3.1M$2.7M75xas long as short
Gate ARB_USDT+0.0030%8h0.2282+0.118%$5.5M$20.0M60xas long as short
Bitget ARBUSDT+0.0067%8h0.2282+0.105%$21.6M$36.7M50xas long as short
BingX ARB-USDT+0.0067%8h0.2282+0.105%$53.3Mas long as short
Aevo ARB-PERP+0.0080%1h0.2283+0.154%$149K$12K3xas long as short
Lighter ARB+0.0096%1h0.2283+0.162%$1.4M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2285+0.224%$41.4M$47.8M10xas long as short
Aster ARBUSDT+0.0100%8h0.2283+0.139%$710K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2283+0.149%$47K$193K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2282+0.088%$20.1M$16.3M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2269−0.463%$40K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2270−0.421%$493K$3.7M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2265−0.640%$122K$295K50xas long as short
SunX ARB-USDT+0.0100%8h0.2285+0.237%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2282+0.114%$292K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2282+0.105%$5.3M$13.3M50xas long as short
Coinbase International ARB-PERP-INTX+0.0216%1h0.2280+0.018%$512K$2.3M50xas long as short
Kraken Futures PF_ARBUSD+0.0234%1h0.2282+0.105%$1.1M$4.9M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0274% / S −0.0157%1h0.2281+0.063%$855K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2280+0.024%$2K$69520xas long as short
RISEx ARB/USDC+0.0330%1h0.2283+0.158%$556K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0560%1h0.2285+0.224%$899K$2.8M20xas long as short