Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%

Price spread now: edgeX against Polymarket Perps−0.220%64s7-day average +0.038% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$580.585% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.516%+$52 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.220%, 7d avg +0.038%

Together, before fees+0.522%+ Points / potential airdropedgeX: Active · farm board+$52 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.258% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.038%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARB-USD	0.2220	0.0100	pay 0.0013% / 1h	44m 18s	$81K	$2.0M	10x
Short	edgeX ARBUSDC	0.2216	0.0100	get 0.0050% / 4h	2h 44m	$40K	$463K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.220%Rate

Funding earned: $0
Price spread: −0.220% → +0.038%: −$25.81
Slippage, 4 orders: −$41.48
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$84.29
Costs to cover: 0.585%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 min ago; edgeX: live order book, 24 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, 4 min ago	2.03 bp	6.0 bp −$6	6.9 bp −$69	doesn't fit	doesn't fit
Sell edgeX live order book, 24 min ago	15.45 bp	23.0 bp −$23	124.4 bp −$1,244	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	0.2204	−0.739%	$40K	$372K	12x	as long as short
ApeX Omni ARBUSDT	−0.0493%	1h	0.2218	−0.108%	$120K	$295K	50x	as long as short
01 Exchange ARBUSD	−0.0224%	1h	0.2218	−0.104%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0184%	8h	0.2212	−0.378%	$1.9M	$2.9M	—	as long as short
SoDEX ARB-USD	−0.0177%	1h	0.2225	+0.221%	$10K	$2.5M	5x	as long as short
MEXC ARB_USDT	−0.0105%	8h	0.2222	+0.063%	$37.2M	$59.0M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0104%	8h	0.2225	+0.189%	$22.4M	$158.0M	50x	as long as short
Bybit ARBUSDT	−0.0067%	8h	0.2225	+0.212%	$57.3M	$129.1M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0055%	8h	0.2225	+0.207%	$13K	$384K	10x	as long as short
Gate ARB_USDT	−0.0007%	8h	0.2224	+0.158%	$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	0.2217	−0.169%	$66K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2226	+0.261%	$25K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2225	+0.228%	$32K	—	150x	as long as short
Binance ARBUSDT	+0.0005%	8h	0.2224	+0.181%	$65.0M	$318.2M	75x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2224	+0.168%	$355K	$2.5M	25x	as long as short
BloFin ARB-USDT	+0.0029%	8h	0.2212	−0.401%	$3.1M	$2.9M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2227	+0.276%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2215	−0.257%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2222	+0.068%	$38.3M	$50.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2217	−0.171%	$660K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2217	−0.172%	$42K	$189K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2222	+0.081%	$19.6M	$15.9M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2225	+0.207%	$21.2M	$36.2M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2225	+0.194%	—	$54.6M	—	as long as short
edgeX ARBUSDCshort	+0.0100%	4h	0.2216	−0.220%	$40K	$463K	20x
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2213	−0.338%	$474K	$3.6M	10x	as long as short
Polymarket Perps ARB-USDlong	+0.0100%	1h	0.2220	long leg	$81K	$2.0M	10x
SunX ARB-USDT	+0.0100%	8h	0.2216	−0.198%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2214	−0.270%	$296K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2214	−0.288%	$5.1M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2215	−0.243%	$507K	$2.2M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0281% / S −0.0165%	1h	0.2224	+0.161%	$855K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2220	−0.003%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0310%	1h	0.2227	+0.276%	$1.1M	$4.8M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2220	−0.009%	$500K	$2.6M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0495%	1h	0.2218	−0.108%	$1.0M	$2.9M	20x	as long as short