ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0207%/8h= +22.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.020%

Price spread now: Polymarket Perps against SoDEX+0.276%7-day average −0.029% · 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+$6as in the Price arb table

costs, in and out, $10k−$250.251% of the position

Long on SoDEX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.005%$0 on $10k

Price spread, last 3 days (all we have)−0.832%−$83 · spread now +0.276%, 7d avg −0.029%

Together, before fees−0.827%−$83 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Polymarket Perps is 0.306% dearer against SoDEX than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.029%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.005% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 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	0.2243	−0.0107	get 0.0013% / 1h	1m 17s	$10K	$2.5M	5x
Short	Polymarket Perps ARB-USD	0.2249	0.0100	get 0.0013% / 1h	1m 17s	$64K	$2.0M	10x

Funding 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 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 SoDEXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.276%Rate

Funding earned: $43.53
Price spread: +0.276% → −0.029%: $30.57
Slippage, 4 orders: −$9.06
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $49.05
Costs to cover: 0.251%
Break-even: from the start

Slippage from SoDEX: live order book, 3 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 SoDEX live order book, 3 min ago	0.22 bp	5.5 bp −$6	20.0 bp −$200	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.65 bp	7.6 bp −$8	12.5 bp −$125	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	0.2241	−0.085%	$40K	$372K	12x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0284%	1h	0.2245	+0.071%	$25K	$34K	25x	as long as short
Variational Omni ARB	−0.0196%	8h	0.2245	+0.087%	$1.9M	$2.8M	—	as long as short
01 Exchange ARBUSD	−0.0160%	1h	0.2248	+0.250%	$7K	$2K	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0139%	1h	0.2244	+0.053%	$1.1M	$4.7M	50x	as long as short
Bybit ARBUSDT	−0.0121%	8h	0.2243	−0.013%	$58.3M	$127.2M	50x	as long as short
SoDEX ARB-USDlong	−0.0107%	1h	0.2243	long leg	$10K	$2.5M	5x
MEXC ARB_USDT	−0.0107%	8h	0.2248	+0.227%	$38.8M	$59.7M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0106%	8h	0.2242	−0.036%	$22.9M	$156.5M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0053%	8h	0.2244	+0.049%	$13K	$387K	10x	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	0.2253	+0.433%	$67K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0011%	1h	0.2247	+0.204%	$10K	—	150x	as long as short
Binance ARBUSDT	+0.0013%	8h	0.2243	+0.013%	$66.3M	$312.0M	75x	as long as short
Extended ARB-USD	+0.0016%	1h	0.2243	+0.022%	$358K	$2.5M	25x	as long as short
BloFin ARB-USDT	+0.0054%	8h	0.2243	−0.004%	$3.2M	$2.9M	75x	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2244	+0.049%	$142K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2245	+0.103%	$1.4M	$7.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2250	+0.330%	$40.8M	$47.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2250	+0.320%	$701K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2253	+0.455%	$45K	$183K	10x	as long as short
Gate ARB_USDT	+0.0100%	8h	0.2248	+0.205%	$5.5M	$20.1M	60x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2248	+0.223%	$19.5M	$15.8M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2243	+0.004%	$21.4M	$35.9M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2246	+0.156%	—	$54.4M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2257	+0.618%	$41K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2256	+0.597%	$486K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2258	+0.673%	$122K	$296K	50x	as long as short
Polymarket Perps ARB-USDshort	+0.0100%	1h	0.2249	+0.276%	$64K	$2.0M	10x
SunX ARB-USDT	+0.0100%	8h	0.2257	+0.629%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2244	+0.067%	$293K	$981K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2245	+0.094%	$5.2M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0232%	1h	0.2248	+0.227%	$505K	$2.3M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0278% / S −0.0162%	1h	0.2247	+0.185%	$854K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2247	+0.201%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0384%	1h	0.2250	+0.326%	$511K	$2.6M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0584%	1h	0.2256	+0.606%	$1.0M	$2.8M	20x	as long as short