Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0185%/8h= +20.3% APRpaid last 24h +0.035%
Price spread now: KuCoin against Polymarket Perps+0.077%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$480.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.517%+$52 on $10k
Price spread, last 7 days+0.034%+$3 · spread now +0.077%, 7d avg +0.041%
Together, before fees+0.551%+$55 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 KuCoin is 0.035% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ARB-USD0.2220−0.0085get 0.0011% / 1h6m 22s$76K$2.1M10x
ShortKuCoin ARBUSDTM0.22220.0100get 0.0100% / 8h2h 06m$19.8M$14.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$38.93
Price spread: +0.077% → +0.041%
$3.53
Slippage, 4 orders
−$28.02
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$5.56
Costs to cover
0.480%
Break-even
8.0 days
Slippage from Polymarket Perps: live order book, 2 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 2 min ago2.04 bp7.6 bp −$811.5 bp −$115doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.81 bp18.6 bp −$1946.9 bp −$469doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1581%1h0.2207−0.581%$40K$372K12xas long as short
01 Exchange ARBUSD−0.0136%1h0.2222+0.099%$7K$23610xas long as short
Variational Omni ARB−0.0090%8h0.2206−0.641%$1.8M$3.0Mas long as short
Polymarket Perps ARB-USDlong−0.0085%1h0.2220long leg$76K$2.1M10x
Kraken Futures PF_ARBUSD−0.0073%1h0.2225+0.234%$1.1M$4.5M50xas long as short
OKX ARB-USDT-SWAP−0.0055%8h0.2223+0.122%$22.1M$146.8M50xas long as short
MEXC ARB_USDT−0.0054%8h0.2223+0.153%$41.8M$62.0M200xas long as short
Bybit ARBUSDT−0.0052%8h0.2223+0.162%$55.0M$126.4M50xas long as short
Orderly PERP_ARB_USDC−0.0044%8h0.2223+0.140%$12K$406K10xas long as short
dYdX ARB-USD0.0000%1h0.2220−0.013%$66K$5K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2224+0.180%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2224+0.185%$44K150xas long as short
Bitget ARBUSDT+0.0056%8h0.2223+0.140%$21.3M$34.7M50xas long as short
Gate ARB_USDT+0.0081%8h0.2223+0.140%$5.5M$18.4M60xas long as short
RISEx ARB/USDC+0.0086%1h0.2222+0.074%$484K$2.6M10xas long as short
Lighter ARB+0.0096%1h0.2219−0.054%$1.3M$5.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2222+0.081%$37.3M$49.1M10xas long as short
Aster ARBUSDT+0.0100%8h0.2224+0.165%$638K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2219−0.018%$43K$150K10xas long as short
Binance ARBUSDT+0.0100%8h0.2224+0.176%$63.6M$300.9M75xas long as short
KuCoin ARBUSDTMshort+0.0100%8h0.2222+0.077%$19.8M$14.4M75x
BingX ARB-USDT+0.0100%8h0.2224+0.185%$54.0Mas long as short
edgeX ARBUSDC+0.0100%4h0.2208−0.556%$39K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2207−0.581%$473K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2206−0.626%$119K$281K50xas long as short
SunX ARB-USDT+0.0100%8h0.2224+0.185%$2K$1.1M30xas long as short
SoDEX ARB-USD+0.0100%1h0.2224+0.176%$9K$2.2M5xas long as short
HTX ARB-USDT+0.0100%8h0.2222+0.099%$297K$885K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2221+0.050%$5.0M$12.8M50xas long as short
Extended ARB-USD+0.0104%1h0.2222+0.109%$352K$2.8M25xas long as short
Aevo ARB-PERP+0.0104%1h0.2225+0.210%$141K$7K3xas long as short
BloFin ARB-USDT+0.0220%8h0.2223+0.122%$3.0M$2.4M75xas long as short
GMX ARB/USD [ARB-USDC]L +0.0277% / S −0.0159%1h0.2224+0.197%$841K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2223+0.140%$515K$1.6M50xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2218−0.082%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0744%1h0.2225+0.230%$998K$2.8M20xas long as short