Funding you earn now, next payment 03:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h −0.013%
Price spread now: MEXC against Polymarket Perps+0.023%7-day average +0.004% · 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−$14as in the Price arb table
costs, in and out, $10k−$160.157% of the position
Funding, last 7 days+0.299%+$30 on $10k
+Price spread, last 7 days−0.071%−$7 · spread now +0.023%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARB-USD | 0.2212 | −0.0251 | get 0.0031% / 1h | 54m 35s | $89K | $2.1M | 10x |
| Short | MEXC ARB_USDT | 0.2213 | −0.0136 | pay 0.0136% / 8h | 5h 54m | $38.5M | $59.0M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $24.19
- Price spread: +0.023% → +0.004%
- $1.9
- Slippage, 4 orders
- −$7.7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $10.39
- Costs to cover
- 0.157%
- Break-even
- 4.0 days
Slippage from Polymarket Perps: live order book, 4 min ago; MEXC: live order book, 4 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 | 1.80 bp | 5.8 bp −$6 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.45 bp | 1.7 bp −$2 | 7.0 bp −$70 | 28.9 bp −$2,893 | 61.1 bp −$30.5K |
ARB on 35 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 | −0.1577% | 1h | 0.2208 | −0.181% | $40K | $372K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.1072% | 1h | 0.2217 | +0.226% | $120K | $284K | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0382% | 1h | 0.2215 | +0.127% | $24K | $34K | 25x | as long as short |
| Polymarket Perps ARB-USDlong | −0.0251% | 1h | 0.2212 | long leg | $89K | $2.1M | 10x | |
| Variational Omni ARB | −0.0152% | 8h | 0.2229 | +0.750% | $1.9M | $2.9M | — | as long as short |
| SoDEX ARB-USD | −0.0147% | 1h | 0.2216 | +0.172% | $10K | $2.4M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0138% | 8h | 0.2211 | −0.045% | $22.2M | $152.6M | 50x | as long as short |
| MEXC ARB_USDTshort | −0.0136% | 8h | 0.2213 | +0.023% | $38.5M | $59.0M | 200x | |
| 01 Exchange ARBUSD | −0.0120% | 1h | 0.2213 | +0.027% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2217 | +0.234% | $1.1M | $4.6M | 50x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0080% | 8h | 0.2212 | −0.018% | $5.3M | $19.0M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0071% | 8h | 0.2216 | +0.181% | $12K | $383K | 10x | as long as short |
| Bybit ARBUSDT | −0.0065% | 8h | 0.2211 | −0.054% | $56.4M | $127.3M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2216 | +0.183% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2210 | −0.086% | $352K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0002% | 8h | 0.2211 | −0.026% | $64.4M | $311.0M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0012% | 1h | 0.2217 | +0.217% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2218 | +0.249% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2216 | +0.163% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2216 | +0.185% | $38.5M | $49.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2218 | +0.288% | $659K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2215 | +0.133% | $42K | $179K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2216 | +0.176% | $19.6M | $15.6M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2212 | 0.000% | $21.1M | $35.4M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2211 | −0.059% | — | $54.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2220 | +0.345% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2218 | +0.271% | $473K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2219 | +0.316% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2216 | +0.163% | $297K | $968K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2215 | +0.136% | $4.9M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2232 | +0.904% | $509K | $2.1M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2214 | +0.085% | $487K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2217 | +0.216% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2211 | −0.037% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0401% | 1h | 0.2221 | +0.389% | $1.0M | $2.8M | 20x | as long as short |
Polymarket Perps ARB-USD
MEXC ARB_USDT
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
SoDEX ARB-USD
OKX ARB-USDT-SWAP
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Gate ARB_USDT
Bybit ARBUSDT
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP