Funding you earn now, next payment 02:00 UTC+0.0322%/8h= +35.3% APRnext payment +$0.40 per $10,000 · paid last 24h +0.020%
Price spread now: Polymarket Perps against SoDEX+0.036%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 3 days (all we have)+0.008%+$1 on $10k
+Price spread, last 3 days (all we have)−0.502%−$50 · spread now +0.036%, 7d avg −0.027%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Polymarket Perps is 0.063% dearer against SoDEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.027%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.008% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ARB-USD | 0.2212 | −0.0222 | get 0.0028% / 1h | 26m 09s | $10K | $2.5M | 5x |
| Short | Polymarket Perps ARB-USD | 0.2213 | 0.0100 | get 0.0013% / 1h | 26m 09s | $76K | $2.1M | 10x |
SoDEX ARB-USD
Polymarket Perps ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against SoDEX. 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
- $67.69
- Price spread: +0.036% → −0.027%
- $6.3
- Slippage, 4 orders
- −$7.42
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $50.58
- Costs to cover
- 0.234%
- Break-even
- 1.8 days
Slippage from SoDEX: live order book, 3 min ago; Polymarket Perps: live order book, 3 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 SoDEX live order book, 3 min ago | 0.23 bp | 5.5 bp −$5 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.26 bp | 6.3 bp −$6 | 8.5 bp −$85 | doesn't fit | doesn't fit |
ARB on 35 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 | −0.1692% | 1h | 0.2203 | −0.398% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0248% | 1h | 0.2211 | −0.023% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USDlong | −0.0222% | 1h | 0.2212 | long leg | $10K | $2.5M | 5x | |
| Variational Omni ARB | −0.0171% | 8h | 0.2211 | −0.023% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0118% | 8h | 0.2215 | +0.131% | $22.3M | $156.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0117% | 8h | 0.2215 | +0.145% | $40.0M | $59.7M | 200x | as long as short |
| Gate ARB_USDT | −0.0080% | 8h | 0.2212 | +0.018% | $5.4M | $19.8M | 60x | as long as short |
| Bybit ARBUSDT | −0.0072% | 8h | 0.2214 | +0.113% | $56.7M | $128.9M | 50x | as long as short |
| ApeX Omni ARBUSDT | −0.0069% | 1h | 0.2211 | −0.036% | $119K | $293K | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0066% | 1h | 0.2213 | +0.045% | $24K | $34K | 25x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Gate ARB_USDT
Bybit ARBUSDT
ApeX Omni ARBUSDT
Deribit ARB_USDC-PERPETUALShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0060% | 8h | 0.2212 | +0.009% | $13K | $382K | 10x | as long as short |
| Binance ARBUSDT | −0.0003% | 8h | 0.2215 | +0.124% | $64.6M | $318.0M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2213 | +0.055% | $65K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2211 | −0.021% | $353K | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2213 | +0.073% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2213 | +0.061% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2212 | +0.023% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2213 | +0.054% | $38.6M | $51.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2213 | +0.045% | $659K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2214 | +0.093% | $42K | $186K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2213 | +0.045% | $19.6M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2215 | +0.145% | $21.3M | $36.3M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2217 | +0.212% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2211 | −0.057% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2212 | +0.021% | $471K | $3.7M | 10x | as long as short |
| Polymarket Perps ARB-USDshort | +0.0100% | 1h | 0.2213 | +0.036% | $76K | $2.1M | 10x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2213 | +0.054% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2217 | +0.212% | $298K | $998K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2212 | +0.009% | $5.0M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2215 | +0.145% | $507K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2213 | +0.075% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2211 | −0.026% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0312% | 1h | 0.2213 | +0.040% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2214 | +0.086% | $474K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0518% | 1h | 0.2218 | +0.298% | $1.0M | $2.9M | 20x | as long as short |
Orderly PERP_ARB_USDC
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP