Funding you earn now, next payment 01:00 UTC−0.0284%/8h= −31.1% APRnext payment −$0.35 per $10,000 · paid last 24h −0.056%
Price spread now: Polymarket Perps against RISEx−0.042%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 3 days (all we have)−0.370%−$37 on $10k
+Price spread, last 5 days (all we have)−0.007%−$1 · spread now −0.042%, 7d avg −0.048%
=The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2255 | 0.0384 | pay 0.0048% / 1h | 4m 13s | $512K | $2.6M | 10x |
| Short | Polymarket Perps ARB-USD | 0.2254 | 0.0100 | get 0.0013% / 1h | 4m 13s | $64K | $2.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against RISEx. 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
- −$59.58
- Price spread: −0.042% → −0.048%
- $0.63
- Slippage, 4 orders
- −$8.05
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$81
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 5 min ago; Polymarket Perps: live order book, 5 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 RISEx live order book, 5 min ago | 1.32 bp | 4.3 bp −$4 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.65 bp | 6.7 bp −$7 | 10.0 bp −$100 | 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 | −0.1666% | 1h | 0.2244 | −0.503% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0197% | 8h | 0.2259 | +0.177% | $2.0M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0194% | 1h | 0.2252 | −0.131% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2252 | −0.140% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0139% | 8h | 0.2251 | −0.202% | $58.5M | $126.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2254 | −0.075% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2251 | −0.202% | $23.0M | $156.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0108% | 8h | 0.2254 | −0.078% | $39.2M | $59.6M | 200x | as long as short |
| SoDEX ARB-USD | −0.0105% | 1h | 0.2251 | −0.202% | $10K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0052% | 8h | 0.2254 | −0.060% | $13K | $388K | 10x | 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 | 0.2260 | +0.224% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2255 | +0.006% | $11K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2251 | −0.210% | $358K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0016% | 8h | 0.2252 | −0.131% | $66.6M | $311.0M | 75x | as long as short |
| BloFin ARB-USDT | +0.0073% | 8h | 0.2255 | −0.033% | $3.2M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2254 | −0.072% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2253 | −0.095% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2256 | +0.020% | $40.9M | $47.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2253 | −0.118% | $702K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2259 | +0.178% | $45K | $183K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2254 | −0.055% | $5.5M | $20.0M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2256 | +0.033% | $19.6M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2252 | −0.149% | $21.6M | $35.7M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2254 | −0.078% | — | $54.4M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2266 | +0.480% | $41K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2275 | +0.874% | $488K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2273 | +0.783% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USDshort | +0.0100% | 1h | 0.2254 | −0.042% | $64K | $2.0M | 10x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2255 | −0.016% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2254 | −0.060% | $294K | $976K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2254 | −0.060% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2261 | +0.237% | $514K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0278% / S −0.0162% | 1h | 0.2255 | −0.011% | $856K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2253 | −0.109% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDClong | +0.0384% | 1h | 0.2255 | long leg | $512K | $2.6M | 10x | |
| Backpack ARB_USDC_PERP | +0.0580% | 1h | 0.2260 | +0.219% | $1.0M | $2.8M | 20x | as long as short |
RISEx ARB/USDC
Polymarket Perps ARB-USD
Injective ARB/USDC PERP
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP