Funding you earn now, next payment 08:00 UTC+0.1604%/8h= +175.6% APRnext payment +$2.00 per $10,000 · paid last 24h +0.466%
Price spread now: Polymarket Perps against Injective+0.531%7-day average +0.390% · you sell dearer than you buy
Net, funding: paid 7d − costs+$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
Funding, last 7 days+3.063%+$306 on $10k
+Price spread, last 4 days (all we have)−0.477%−$48 · spread now +0.531%, 7d avg +0.390%
=Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and Polymarket Perps is 0.141% dearer against Injective than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.390%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARB/USDC PERP | 0.2164 | −0.1612 | get 0.0202% / 1h | 19m 07s | $39K | $372K | 12x |
| Short | Polymarket Perps ARB-USD | 0.2175 | −0.0009 | pay 0.0001% / 1h | 19m 07s | $76K | $2.1M | 10x |
Injective ARB/USDC PERP
Polymarket Perps ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. 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
- $336.75
- Price spread: +0.531% → +0.390%
- $14.1
- Slippage, 4 orders
- −$109.84
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $233
- Costs to cover
- 1.179%
- Break-even
- 2.2 days
Slippage from Injective: live order book, 20 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 Injective live order book, 20 min ago | 52.62 bp | 52.6 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.30 bp | 6.3 bp −$6 | 11.2 bp −$112 | 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 PERPlong | −0.1612% | 1h | 0.2164 | long leg | $39K | $372K | 12x | |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2175 | +0.527% | $7K | $236 | 10x | as long as short |
| MEXC ARB_USDT | −0.0083% | 8h | 0.2178 | +0.638% | $41.7M | $62.6M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0081% | 8h | 0.2178 | +0.628% | $21.8M | $144.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2176 | +0.555% | $13K | $404K | 10x | as long as short |
| Polymarket Perps ARB-USDshort | −0.0009% | 1h | 0.2175 | +0.531% | $76K | $2.1M | 10x | |
| Extended ARB-USD | −0.0008% | 1h | 0.2177 | +0.579% | $347K | $3.1M | 25x | as long as short |
| Binance ARBUSDT | −0.0006% | 8h | 0.2178 | +0.662% | $62.4M | $301.2M | 75x | as long as short |
| SoDEX ARB-USD | −0.0003% | 1h | 0.2177 | +0.619% | $9K | $2.2M | 5x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2173 | +0.428% | $64K | $5K | 10x | as long as short |
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Orderly PERP_ARB_USDC
Extended ARB-USD
Binance ARBUSDT
SoDEX ARB-USD
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2178 | +0.656% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0007% | 1h | 0.2177 | +0.599% | $69K | — | 150x | as long as short |
| Variational Omni ARB | +0.0011% | 8h | 0.2172 | +0.354% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | +0.0017% | 8h | 0.2178 | +0.638% | $53.2M | $126.0M | 50x | as long as short |
| Gate ARB_USDT | +0.0017% | 8h | 0.2178 | +0.642% | $5.3M | $18.4M | 60x | as long as short |
| RISEx ARB/USDC | +0.0069% | 1h | 0.2174 | +0.475% | $500K | $2.7M | 10x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2178 | +0.631% | $138K | $7K | 3x | as long as short |
| BingX ARB-USDC | +0.0084% | 8h | 0.2176 | +0.555% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2179 | +0.693% | $21.1M | $34.5M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0093% | 1h | 0.2179 | +0.670% | $1.1M | $4.3M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2177 | +0.610% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2179 | +0.707% | $36.7M | $49.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2178 | +0.631% | $624K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2173 | +0.432% | $42K | $147K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2178 | +0.665% | $19.4M | $14.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2175 | +0.498% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2174 | +0.450% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2177 | +0.601% | $118K | $278K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2178 | +0.647% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2178 | +0.656% | $291K | $840K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2174 | +0.462% | $4.8M | $12.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0114% | 8h | 0.2178 | +0.642% | $3.0M | $2.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2178 | +0.652% | $821K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2176 | +0.550% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2177 | +0.615% | $511K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0480% | 1h | 0.2180 | +0.762% | $979K | $2.9M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Variational Omni ARB
Bybit ARBUSDT
Gate ARB_USDT
RISEx ARB/USDC
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
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
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP