Funding you earn now, next payment 04:00 UTC−0.0347%/8h= −38.0% APRnext payment −$0.43 per $10,000 · paid last 24h −0.070%
Price spread now: Polymarket Perps against RISEx−0.091%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$200.204% of the position
Funding, last 4 days (all we have)−0.383%−$38 on $10k
+Price spread, last 5 days (all we have)+0.223%+$22 · spread now −0.091%, 7d avg −0.049%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Polymarket Perps is 0.042% cheaper against RISEx than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2203 | 0.0225 | pay 0.0028% / 1h | 46m 54s | $477K | $2.6M | 10x |
| Short | Polymarket Perps ARB-USD | 0.2201 | −0.0121 | pay 0.0015% / 1h | 46m 54s | $90K | $2.2M | 10x |
RISEx ARB/USDC
Polymarket Perps ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against RISEx. 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
- −$72.8
- Price spread: −0.091% → −0.049%
- −$4.2
- Slippage, 4 orders
- −$6.36
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$97.37
- Costs to cover
- 0.204%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 2 min ago; Polymarket Perps: live order book, 2 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 RISEx live order book, 2 min ago | 1.14 bp | 4.2 bp −$4 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 1.82 bp | 6.2 bp −$6 | 11.7 bp −$117 | 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 | −0.686% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2202 | −0.055% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0135% | 8h | 0.2199 | −0.173% | $22.2M | $147.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0134% | 8h | 0.2200 | −0.164% | $40.6M | $59.6M | 200x | as long as short |
| Polymarket Perps ARB-USDshort | −0.0121% | 1h | 0.2201 | −0.091% | $90K | $2.2M | 10x | |
| Variational Omni ARB | −0.0117% | 8h | 0.2192 | −0.488% | $1.8M | $2.9M | — | as long as short |
| Gate ARB_USDT | −0.0102% | 8h | 0.2200 | −0.159% | $5.3M | $18.7M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0078% | 8h | 0.2199 | −0.187% | $13K | $388K | 10x | as long as short |
| Bybit ARBUSDT | −0.0046% | 8h | 0.2199 | −0.182% | $55.7M | $125.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2200 | −0.155% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Gate ARB_USDT
Orderly PERP_ARB_USDC
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2200 | −0.158% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2199 | −0.173% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2200 | −0.155% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2199 | −0.199% | $349K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2200 | −0.150% | $64.2M | $306.6M | 75x | as long as short |
| BloFin ARB-USDT | +0.0038% | 8h | 0.2200 | −0.164% | $3.1M | $2.6M | 75x | as long as short |
| SoDEX ARB-USD | +0.0041% | 1h | 0.2198 | −0.209% | $10K | $2.3M | 5x | as long as short |
| Bitget ARBUSDT | +0.0065% | 8h | 0.2199 | −0.187% | $20.9M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0066% | 8h | 0.2200 | −0.146% | — | $53.8M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2200 | −0.157% | $140K | $7K | 3x | as long as short |
| Phemex ARBUSDT | +0.0095% | 8h | 0.2199 | −0.187% | $4.9M | $12.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2199 | −0.182% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2202 | −0.055% | $38.0M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2202 | −0.072% | $635K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2200 | −0.143% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2201 | −0.091% | $19.5M | $15.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2193 | −0.446% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2194 | −0.413% | $468K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2193 | −0.459% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2203 | −0.005% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2200 | −0.141% | $299K | $952K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2203 | −0.005% | $493K | $2.0M | 50x | as long as short |
| RISEx ARB/USDClong | +0.0225% | 1h | 0.2203 | long leg | $477K | $2.6M | 10x | |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2200 | −0.143% | $821K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2199 | −0.185% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0619% | 1h | 0.2204 | +0.027% | $996K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
SoDEX ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Phemex ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP