Overestimation in evaluating large language models (LLMs) has become an increasing concern. Due to the contamination of public benchmarks or imbalanced model training, LLMs may achieve unreal evaluation results on public benchmarks, either intentionally or unintentionally, which leads to unfair comparisons among LLMs and undermines their realistic capability assessments. Existing benchmarks attempt to address these issues by keeping test cases permanently secret, mitigating contamination through human evaluation, or repeatedly collecting and constructing new samples. However, these approaches fail to ensure reproducibility, transparency, and high efficiency simultaneously. Moreover, the extent of overestimation in current LLMs remains unquantified. To address these issues, we propose ArxivRoll, a dynamic evaluation framework inspired by one-time pad encryption in cryptography. ArxivRoll comprises two key components: \emph{i) SCP (Sequencing, Cloze, and Prediction)}, an automated generator for private test cases, and \emph{ii) Rugged Scores (RS)}, metrics that measure the proportion of public benchmark contamination and training bias. Leveraging SCP, ArxivRoll constructs a new benchmark every six months using recent articles from ArXiv and employs them for one-time evaluations of LLM performance. Extensive experiments demonstrate the high quality of our benchmark, and we provide a systematic evaluation of current LLMs. The source code is available at https://github.com/liangzid/ArxivRoll/.