Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0270%/8h= −29.5% APRpaid last 24h −0.036%

Price spread now: Polymarket Perps against SunX−0.132%7-day average −0.121% · you buy dearer than you sell

Net, funding: paid 7d − costs−$223as in the Funding arb table

Net, price: spread back to 7d avg − costs−$173as in the Price arb table

costs, in and out, $10k−$1711.715% of the position

Long on SunX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.517%−$52 on $10k

Price spread, last 4 days (all we have)−0.529%−$53 · spread now −0.132%, 7d avg −0.121%

Together, before fees−1.046%−$105 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.121%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ARB-USDT	0.2195	0.0100	pay 0.0100% / 8h	1h 03m	$2K	$1.1M	30x
Short	Polymarket Perps ARB-USD	0.2192	−0.0170	pay 0.0021% / 1h	3m 12s	$67K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against SunX. 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 SunXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.132%Rate

Funding earned: −$56.65
Price spread: −0.132% → −0.121%: −$1.07
Slippage, 4 orders: −$155.48
Fee SunX: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$229.19
Costs to cover: 1.715%
Break-even: never at this rate

Slippage from SunX: live order book, 10 min ago; Polymarket Perps: live order book, 6 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 SunX live order book, 10 min ago	31.72 bp	64.0 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 6 min ago	2.73 bp	6.7 bp −$7	7.9 bp −$79	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	−0.1592%	1h	0.2186	−0.410%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0176%	1h	0.2190	−0.205%	$7K	$236	10x	as long as short
Polymarket Perps ARB-USDshort	−0.0170%	1h	0.2192	−0.132%	$67K	$2.1M	10x
Deribit ARB_USDC-PERPETUAL	−0.0115%	1h	0.2191	−0.182%	$28K	$38K	25x	as long as short
SoDEX ARB-USD	−0.0110%	1h	0.2191	−0.191%	$9K	$2.2M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0091%	8h	0.2190	−0.241%	$22.0M	$144.5M	50x	as long as short
MEXC ARB_USDT	−0.0090%	8h	0.2191	−0.191%	$42.1M	$62.5M	200x	as long as short
Variational Omni ARB	−0.0042%	8h	0.2196	+0.062%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0038%	8h	0.2191	−0.182%	$12K	$408K	10x	as long as short
Bybit ARBUSDT	−0.0008%	8h	0.2190	−0.210%	$53.8M	$126.3M	50x	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	0.2194	−0.034%	$65K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2196	+0.046%	$44K	—	150x	as long as short
Gate ARB_USDT	+0.0017%	8h	0.2192	−0.123%	$5.4M	$18.5M	60x	as long as short
Binance ARBUSDT	+0.0020%	8h	0.2191	−0.185%	$62.7M	$301.7M	75x	as long as short
Extended ARB-USD	+0.0024%	1h	0.2190	−0.235%	$351K	$2.9M	25x	as long as short
RISEx ARB/USDC	+0.0056%	1h	0.2193	−0.105%	$486K	$2.6M	10x	as long as short
BingX ARB-USDT	+0.0070%	8h	0.2190	−0.219%	—	$33.2M	—	as long as short
Bitget ARBUSDT	+0.0073%	8h	0.2190	−0.228%	$21.2M	$34.7M	50x	as long as short
BloFin ARB-USDT	+0.0082%	8h	0.2190	−0.210%	$3.0M	$2.3M	75x	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2192	−0.123%	$139K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2191	−0.173%	$1.2M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2194	−0.050%	$37.1M	$49.2M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2192	−0.150%	$630K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2194	−0.024%	$43K	$148K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2192	−0.159%	$19.5M	$14.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2197	+0.111%	$39K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2198	+0.137%	$469K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2197	+0.091%	$119K	$279K	50x	as long as short
SunX ARB-USDTlong	+0.0100%	8h	0.2195	long leg	$2K	$1.1M	30x
HTX ARB-USDT	+0.0100%	8h	0.2195	−0.018%	$293K	$857K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2192	−0.137%	$4.9M	$12.8M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0232%	1h	0.2192	−0.127%	$1.1M	$4.4M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2191	−0.161%	$828K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2204	+0.396%	$525K	$1.5M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2191	−0.176%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0576%	1h	0.2193	−0.087%	$985K	$2.8M	20x	as long as short