Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0194%/8h= +21.2% APRpaid last 24h +0.019%

Price spread now: Gate against Polymarket Perps+0.138%48s7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as 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−$490.491% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.349%+$35 on $10k

Price spread, last 7 days−0.082%−$8 · spread now +0.138%, 7d avg +0.010%

Together, before fees+0.268%+$27 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 Gate is 0.128% dearer against Polymarket Perps than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.010%. The two prices were read 48 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	0.2181	−0.0186	get 0.0023% / 1h	0m 36s	$71K	$2.1M	10x
Short	Gate ARB_USDT	0.2184	0.0008	get 0.0008% / 8h	3h 00m	$5.3M	$18.3M	60x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.138%Rate

Funding earned: $40.72
Price spread: +0.138% → +0.010%: $12.76
Slippage, 4 orders: −$26.14
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $4.34
Costs to cover: 0.491%
Break-even: 6.3 days

Slippage from Polymarket Perps: live order book, 3 min ago; Gate: live order book, 3 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	2.99 bp	7.4 bp −$7	11.3 bp −$113	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.07 bp	18.9 bp −$19	29.9 bp −$299	93.6 bp −$9,358	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	−0.1589%	1h	0.2169	−0.550%	$39K	$372K	12x	as long as short
Polymarket Perps ARB-USDlong	−0.0186%	1h	0.2181	long leg	$71K	$2.1M	10x
OKX ARB-USDT-SWAP	−0.0095%	8h	0.2183	+0.105%	$21.8M	$142.3M	50x	as long as short
MEXC ARB_USDT	−0.0094%	8h	0.2183	+0.110%	$41.6M	$61.3M	200x	as long as short
Variational Omni ARB	−0.0093%	8h	0.2180	−0.038%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0061%	8h	0.2183	+0.092%	$12K	$407K	10x	as long as short
Bybit ARBUSDT	−0.0058%	8h	0.2182	+0.064%	$54.5M	$123.6M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0050%	1h	0.2184	+0.143%	$1.1M	$4.4M	50x	as long as short
01 Exchange ARBUSD	−0.0040%	1h	0.2180	−0.064%	$7K	$1K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2185	+0.165%	$65K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2184	+0.128%	$24K	$31K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2183	+0.085%	$44K	—	150x	as long as short
Gate ARB_USDTshort	+0.0008%	8h	0.2184	+0.138%	$5.3M	$18.3M	60x
Bitget ARBUSDT	+0.0050%	8h	0.2183	+0.092%	$20.8M	$34.1M	50x	as long as short
Extended ARB-USD	+0.0064%	1h	0.2183	+0.098%	$347K	$2.8M	25x	as long as short
BingX ARB-USDT	+0.0064%	8h	0.2184	+0.133%	—	$53.7M	—	as long as short
Binance ARBUSDT	+0.0068%	8h	0.2184	+0.124%	$62.9M	$300.4M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2183	+0.101%	$1.2M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2184	+0.138%	$139K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2184	+0.133%	$36.9M	$48.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2183	+0.084%	$629K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2183	+0.095%	$42K	$160K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2183	+0.092%	$19.5M	$14.5M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2178	−0.154%	$38K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2176	−0.229%	$472K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2178	−0.138%	$117K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2185	+0.183%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2183	+0.087%	$10K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2184	+0.119%	$295K	$880K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2182	+0.046%	$4.9M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0118%	1h	0.2184	+0.142%	$441K	$2.6M	10x	as long as short
BloFin ARB-USDT	+0.0187%	8h	0.2182	+0.069%	$3.1M	$2.5M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0256%	1h	0.2183	+0.092%	$499K	$1.6M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0277% / S −0.0160%	1h	0.2183	+0.069%	$829K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2181	−0.006%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0581%	1h	0.2187	+0.257%	$981K	$2.8M	20x	as long as short