Funding you earn now, next payment 01:00 UTC+0.0027%/8h= +2.9% APRpaid last 24h −0.040%
Price spread now: Polymarket Perps against BloFin−0.009%45s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days−0.550%−$55 on $10k
+Price spread, last 3 days (all we have)−0.478%−$48 · spread now −0.009%, 7d avg −0.046%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.037% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.046%. Mind the row above: over the last 7 days funding on this pair cost −0.550%, so the current rate has only just turned in your favour. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARB-USDT | 0.2255 | 0.0073 | pay 0.0073% / 8h | 7h 04m | $3.2M | $2.9M | 75x |
| Short | Polymarket Perps ARB-USD | 0.2254 | 0.0100 | get 0.0013% / 1h | 4m 00s | $64K | $2.0M | 10x |
BloFin ARB-USDT
Polymarket Perps ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BloFin. 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
- $5.58
- Price spread: −0.009% → −0.046%
- $3.72
- Slippage, 4 orders
- −$20.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$30.94
- Costs to cover
- 0.402%
- Break-even
- 45.8 days
Slippage from BloFin: live order book, 4 min ago; Polymarket Perps: live order book, 5 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 BloFin live order book, 4 min ago | 0.66 bp | 12.0 bp −$12 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.65 bp | 6.7 bp −$7 | 10.0 bp −$100 | 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 | −0.1666% | 1h | 0.2244 | −0.470% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0197% | 8h | 0.2259 | +0.210% | $2.0M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0194% | 1h | 0.2252 | −0.098% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2252 | −0.106% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0139% | 8h | 0.2249 | −0.266% | $58.5M | $126.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2254 | −0.042% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2249 | −0.248% | $23.0M | $156.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0108% | 8h | 0.2249 | −0.262% | $39.0M | $59.6M | 200x | as long as short |
| SoDEX ARB-USD | −0.0105% | 1h | 0.2251 | −0.169% | $10K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0052% | 8h | 0.2254 | −0.027% | $13K | $388K | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2260 | +0.257% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2255 | +0.039% | $11K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2248 | −0.303% | $358K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0016% | 8h | 0.2249 | −0.248% | $66.5M | $311.0M | 75x | as long as short |
| BloFin ARB-USDTlong | +0.0073% | 8h | 0.2255 | long leg | $3.2M | $2.9M | 75x | |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2254 | −0.039% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2253 | −0.062% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2254 | −0.022% | $40.9M | $47.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2251 | −0.146% | $702K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2259 | +0.211% | $45K | $183K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2248 | −0.275% | $5.5M | $20.1M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2252 | −0.129% | $19.6M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2249 | −0.248% | $21.6M | $35.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2248 | −0.288% | — | $54.4M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2266 | +0.513% | $41K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2275 | +0.907% | $488K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2273 | +0.816% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USDshort | +0.0100% | 1h | 0.2254 | −0.009% | $64K | $2.0M | 10x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2255 | +0.018% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2254 | −0.027% | $294K | $976K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2254 | −0.027% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2261 | +0.271% | $514K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0278% / S −0.0162% | 1h | 0.2255 | +0.023% | $856K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2253 | −0.076% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2255 | +0.033% | $512K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0577% | 1h | 0.2255 | −0.004% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP