ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0288%/8h= +31.6% APRnext payment +$0.36 per $10,000 · paid last 24h +0.095%

Price spread now: Reya against Polymarket Perps−0.038%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.038% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARB-USD	0.2178	0	get 0.0000% / 1h	12m 13s	$76K	$2.1M	10x
Short	Reya ARBRUSDPERP	0.2178	0.0288	get 0.0036% / 1h	12m 13s	$2K	$695	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.038%Rate

Funding earned: $60.55
Price spread: −0.038% → 0.000%: −$3.75
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $42.79
Costs to cover: 0.140%
Break-even: 2.1 days

Slippage unknown: Polymarket Perps: live order book, 1 min ago; Reya: no order-book sample. Net counts fees only.

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, 1 min ago	2.52 bp	6.9 bp −$7	9.9 bp −$99	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1612%	1h	0.2169	−0.432%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0192%	1h	0.2178	−0.023%	$7K	$236	10x	as long as short
MEXC ARB_USDT	−0.0079%	8h	0.2178	0.000%	$41.6M	$62.7M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0078%	8h	0.2178	−0.005%	$21.9M	$144.2M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0044%	8h	0.2178	−0.018%	$13K	$404K	10x	as long as short
SoDEX ARB-USD	−0.0007%	1h	0.2178	−0.009%	$9K	$2.2M	5x	as long as short
Binance ARBUSDT	−0.0003%	8h	0.2178	−0.009%	$62.4M	$298.9M	75x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2182	+0.151%	$65K	$4K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2177	−0.043%	$347K	$3.1M	25x	as long as short
Polymarket Perps ARB-USDlong	0.0000%	1h	0.2178	long leg	$76K	$2.1M	10x

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	0.2180	+0.064%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0007%	1h	0.2179	+0.018%	$69K	—	150x	as long as short
Variational Omni ARB	+0.0016%	8h	0.2180	+0.083%	$1.8M	$3.0M	—	as long as short
Gate ARB_USDT	+0.0019%	8h	0.2178	0.000%	$5.3M	$18.5M	60x	as long as short
Bybit ARBUSDT	+0.0024%	8h	0.2178	0.000%	$53.1M	$125.9M	50x	as long as short
RISEx ARB/USDC	+0.0069%	1h	0.2179	+0.039%	$501K	$2.7M	10x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2179	+0.032%	$138K	$7K	3x	as long as short
BingX ARB-USDC	+0.0085%	8h	0.2177	−0.050%	—	$6.5M	—	as long as short
Bitget ARBUSDT	+0.0088%	8h	0.2178	−0.018%	$21.0M	$34.6M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0093%	1h	0.2180	+0.075%	$1.1M	$4.3M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2178	−0.005%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2179	+0.037%	$36.5M	$49.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2179	+0.049%	$624K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2181	+0.136%	$43K	$147K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2179	+0.032%	$19.4M	$13.9M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2179	+0.033%	$38K	$466K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2181	+0.118%	$464K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2179	+0.028%	$118K	$268K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2180	+0.073%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2179	+0.018%	$291K	$839K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2179	+0.028%	$4.8M	$12.7M	50x	as long as short
BloFin ARB-USDT	+0.0118%	8h	0.2180	+0.064%	$3.0M	$2.3M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2179	+0.017%	$822K	—	150x	as long as short
Reya ARBRUSDPERPshort	+0.0288%	1h	0.2178	−0.038%	$2K	$695	20x
Coinbase International ARB-PERP-INTX	+0.0336%	1h	0.2184	+0.257%	$512K	$1.5M	50x	as long as short
Backpack ARB_USDC_PERP	+0.0463%	1h	0.2181	+0.115%	$980K	$2.9M	20x	as long as short