Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0162%/8h= +17.7% APRpaid last 24h +0.014%

Price spread now: Binance against Polymarket Perps−0.082%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs+$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.371%+$37 on $10k

Price spread, last 7 days+0.102%+$10 · spread now −0.082%, 7d avg +0.023%

Together, before fees+0.473%+$47 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.105% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.023%). If the spread goes back, that is −$11 on $10k: about 2.2 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARB-USD	0.2197	−0.0153	get 0.0019% / 1h	41m 12s	$91K	$2.2M	10x
Short	Binance ARBUSDT	0.2196	0.0008	get 0.0008% / 8h	4h 41m	$64.0M	$306.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.082%Rate

Funding earned: $33.95
Price spread: −0.082% → +0.023%: −$10.51
Slippage, 4 orders: −$10.54
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$5.09
Costs to cover: 0.285%
Break-even: 8.0 days

Slippage from Polymarket Perps: live order book, 3 min ago; Binance: 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 Polymarket Perps live order book, 3 min ago	2.50 bp	6.5 bp −$7	9.2 bp −$92	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.23 bp	8.2 bp −$8	22.6 bp −$226	73.1 bp −$7,305	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	−0.1649%	1h	0.2189	−0.382%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0168%	1h	0.2197	−0.041%	$7K	$2K	10x	as long as short
Polymarket Perps ARB-USDlong	−0.0153%	1h	0.2197	long leg	$91K	$2.2M	10x
MEXC ARB_USDT	−0.0135%	8h	0.2195	−0.123%	$40.5M	$59.6M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0134%	8h	0.2195	−0.109%	$22.2M	$147.6M	50x	as long as short
Variational Omni ARB	−0.0116%	8h	0.2201	+0.175%	$1.8M	$2.9M	—	as long as short
Gate ARB_USDT	−0.0099%	8h	0.2196	−0.073%	$5.3M	$18.7M	60x	as long as short
Orderly PERP_ARB_USDC	−0.0077%	8h	0.2195	−0.109%	$12K	$390K	10x	as long as short
Bybit ARBUSDT	−0.0045%	8h	0.2195	−0.132%	$55.6M	$126.0M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2195	−0.090%	$1.1M	$4.4M	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	0.2199	+0.082%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2195	−0.091%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2195	−0.090%	$32K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2194	−0.159%	$350K	$2.5M	25x	as long as short
Binance ARBUSDTshort	+0.0008%	8h	0.2196	−0.082%	$64.0M	$306.4M	75x
BloFin ARB-USDT	+0.0034%	8h	0.2195	−0.109%	$3.1M	$2.6M	75x	as long as short
SoDEX ARB-USD	+0.0039%	1h	0.2195	−0.123%	$10K	$2.3M	5x	as long as short
Bitget ARBUSDT	+0.0064%	8h	0.2195	−0.109%	$20.9M	$34.6M	50x	as long as short
BingX ARB-USDC	+0.0066%	8h	0.2193	−0.196%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2195	−0.127%	$139K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2195	−0.105%	$1.2M	$5.7M	15x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2195	−0.109%	$4.9M	$12.8M	50x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2196	−0.046%	$38.0M	$48.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2197	−0.008%	$634K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2198	+0.038%	$43K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2195	−0.086%	$19.4M	$15.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2199	+0.061%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2201	+0.163%	$469K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2200	+0.118%	$120K	$284K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2198	+0.027%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2197	−0.018%	$298K	$952K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2197	−0.018%	$491K	$1.9M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2199	+0.052%	$476K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2195	−0.092%	$820K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2193	−0.182%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0603%	1h	0.2198	+0.018%	$992K	$2.8M	20x	as long as short