Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.033%

Price spread now: SunX against Polymarket Perps+0.154%7-day average +0.121% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$159as in the Price arb table

costs, in and out, $10k−$1631.626% of the position

Long on Polymarket Perps Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.514%+$51 on $10k

Price spread, last 4 days (all we have)+1.187%+$119 · spread now +0.154%, 7d avg +0.121%

Together, before fees+1.700%+$170 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and SunX is 0.033% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.121%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARB-USD	0.2210	−0.0136	get 0.0017% / 1h	17m 18s	$98K	$2.2M	10x
Short	SunX ARB-USDT	0.2213	0.0100	get 0.0100% / 8h	4h 17m	$2K	$1.1M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.154%Rate

Funding earned: $49.56
Price spread: +0.154% → +0.121%: $3.33
Slippage, 4 orders: −$146.59
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$109.7
Costs to cover: 1.626%
Break-even: 22.5 days

Slippage from Polymarket Perps: live order book, 1 min ago; SunX: live order book, 6 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, 1 min ago	1.81 bp	7.3 bp −$7	11.3 bp −$113	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	29.31 bp	90.5 bp −$91	doesn't fit	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	−0.1649%	1h	0.2199	−0.480%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0168%	1h	0.2212	+0.091%	$7K	$2K	10x	as long as short
Polymarket Perps ARB-USDlong	−0.0136%	1h	0.2210	long leg	$98K	$2.2M	10x
MEXC ARB_USDT	−0.0127%	8h	0.2210	+0.014%	$42.0M	$60.8M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0127%	8h	0.2210	+0.009%	$22.3M	$149.0M	50x	as long as short
Variational Omni ARB	−0.0098%	8h	0.2211	+0.052%	$1.8M	$2.9M	—	as long as short
Orderly PERP_ARB_USDC	−0.0073%	8h	0.2211	+0.063%	$12K	$397K	10x	as long as short
Gate ARB_USDT	−0.0057%	8h	0.2210	+0.036%	$5.3M	$18.8M	60x	as long as short
Bybit ARBUSDT	−0.0028%	8h	0.2210	+0.018%	$55.9M	$127.1M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2211	+0.074%	$1.1M	$4.4M	50x	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	0.2212	+0.091%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2212	+0.100%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2211	+0.079%	$32K	—	150x	as long as short
Extended ARB-USD	+0.0024%	1h	0.2209	−0.022%	$354K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0026%	8h	0.2211	+0.059%	$64.3M	$307.6M	75x	as long as short
SoDEX ARB-USD	+0.0031%	1h	0.2210	+0.027%	$10K	$2.3M	5x	as long as short
Bitget ARBUSDT	+0.0069%	8h	0.2210	+0.018%	$21.0M	$34.8M	50x	as long as short
BingX ARB-USDT	+0.0069%	8h	0.2210	+0.023%	—	$53.9M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2212	+0.092%	$140K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2210	+0.009%	$1.2M	$5.8M	15x	as long as short
BloFin ARB-USDT	+0.0098%	8h	0.2211	+0.077%	$3.1M	$2.6M	75x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2212	+0.104%	$38.0M	$48.9M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2210	+0.023%	$636K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2211	+0.059%	$43K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2211	+0.068%	$19.6M	$15.0M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2211	+0.068%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2212	+0.112%	$478K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2211	+0.063%	$119K	$284K	50x	as long as short
SunX ARB-USDTshort	+0.0100%	8h	0.2213	+0.154%	$2K	$1.1M	30x
HTX ARB-USDT	+0.0100%	8h	0.2209	−0.023%	$300K	$950K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2210	+0.018%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2216	+0.290%	$492K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2212	+0.111%	$471K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2211	+0.067%	$834K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2209	−0.024%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0633%	1h	0.2213	+0.149%	$997K	$2.8M	20x	as long as short