ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0366%/8h= +40.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.058%

Price spread now: RISEx against Polymarket Perps−0.145%7-day average +0.048% · 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−$42as in the Price arb table

costs, in and out, $10k−$230.229% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.374%+$37 on $10k

Price spread, last 5 days (all we have)+0.202%+$20 · spread now −0.145%, 7d avg +0.048%

Together, before fees+0.576%+$58 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.193% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of +0.048%). If the spread goes back, that is −$19 on $10k: about 42 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARB-USD	0.2225	0.0100	pay 0.0013% / 1h	39m 06s	$92K	$2.1M	10x
Short	RISEx ARB/USDC	0.2221	0.0466	get 0.0058% / 1h	39m 06s	$462K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee RISExbpOrdersPrice spread, now −0.145%Rate

Funding earned: $76.9
Price spread: −0.145% → +0.048%: −$19.31
Slippage, 4 orders: −$8.94
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $34.65
Costs to cover: 0.229%
Break-even: 3.8 days

Slippage from Polymarket Perps: live order book, 5 min ago; RISEx: 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 Polymarket Perps live order book, 5 min ago	2.02 bp	6.0 bp −$6	7.2 bp −$72	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	2.25 bp	5.4 bp −$5	26.4 bp −$264	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	−0.1692%	1h	0.2211	−0.616%	$40K	$372K	12x	as long as short
ApeX Omni ARBUSDT	−0.0289%	1h	0.2222	−0.121%	$120K	$296K	50x	as long as short
01 Exchange ARBUSD	−0.0232%	1h	0.2219	−0.243%	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0190%	1h	0.2224	−0.013%	$10K	$2.5M	5x	as long as short
Variational Omni ARB	−0.0179%	8h	0.2218	−0.314%	$1.9M	$2.9M	—	as long as short
OKX ARB-USDT-SWAP	−0.0106%	8h	0.2223	−0.081%	$22.4M	$158.0M	50x	as long as short
MEXC ARB_USDT	−0.0105%	8h	0.2223	−0.094%	$36.9M	$59.1M	200x	as long as short
Bybit ARBUSDT	−0.0057%	8h	0.2223	−0.076%	$57.2M	$129.1M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0056%	8h	0.2224	−0.031%	$12K	$380K	10x	as long as short
Gate ARB_USDT	−0.0019%	8h	0.2223	−0.054%	$5.4M	$19.7M	60x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2224	−0.047%	$66K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2225	+0.013%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2225	−0.009%	$32K	—	150x	as long as short
Binance ARBUSDT	+0.0005%	8h	0.2224	−0.049%	$64.9M	$318.4M	75x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2223	−0.066%	$355K	$2.5M	25x	as long as short
BloFin ARB-USDT	+0.0029%	8h	0.2212	−0.593%	$3.1M	$2.9M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2225	+0.022%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2224	−0.027%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2226	+0.045%	$38.3M	$50.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2222	−0.125%	$662K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2222	−0.124%	$42K	$188K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2225	+0.009%	$19.7M	$15.9M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2223	−0.076%	$21.2M	$36.3M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2222	−0.135%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2222	−0.134%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2220	−0.190%	$473K	$3.6M	10x	as long as short
Polymarket Perps ARB-USDlong	+0.0100%	1h	0.2225	long leg	$92K	$2.1M	10x
SunX ARB-USDT	+0.0100%	8h	0.2219	−0.256%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2225	0.000%	$297K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2221	−0.166%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2223	−0.076%	$508K	$2.2M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2225	+0.001%	$829K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2223	−0.060%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0310%	1h	0.2226	+0.037%	$1.1M	$4.8M	50x	as long as short
RISEx ARB/USDCshort	+0.0466%	1h	0.2221	−0.145%	$462K	$2.6M	10x
Backpack ARB_USDC_PERP	+0.0529%	1h	0.2227	+0.103%	$1.0M	$2.9M	20x	as long as short