Funding you earn now, next payment 01:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Polymarket Perps against Aevo−0.013%7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 3 days (all we have)+0.105%+$11 · spread now −0.013%, 7d avg +0.074%
=Funding pays, the price is against you. Polymarket Perps is 0.088% cheaper against Aevo than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.074%). If the spread goes back, that is −$9 on $10k: about 8.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ETH-PERP | 2,768.2 | 0.0064 | pay 0.0008% / 1h | 20m 08s | $5.0M | $165K | 20x |
| Short | Polymarket Perps ETH-USD | 2,767.8 | 0.0100 | get 0.0013% / 1h | 20m 08s | $10.5M | $8.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Aevo. 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
- $7.56
- Price spread: −0.013% → +0.074%
- −$8.75
- Slippage, 4 orders
- −$16.59
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$41.78
- Costs to cover
- 0.406%
- Break-even
- 45.7 days
Slippage from Aevo: live order book, 4 min ago; Polymarket Perps: 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 Aevo live order book, 4 min ago | 4.93 bp | 12.9 bp −$13 | 30.6 bp −$306 | 51.2 bp −$5,125 | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 0.18 bp | 4.2 bp −$4 | 5.4 bp −$54 | 10.4 bp −$1,041 | doesn't fit |
ETH on 55 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 ETH/USDC PERP | −0.0752% | 1h | 2,776.9 | +0.315% | $119K | $22.5M | 52x | as long as short |
| RISEx ETH/USDC | −0.0128% | 1h | 2,767.9 | −0.011% | $5.6M | $11.1M | 25x | as long as short |
| Perpl ETH | −0.0112% | 43m | 2,767.9 | −0.010% | $322K | $6.2M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,767.8 | −0.013% | $5K | $1K | 50x | as long as short |
| 01 Exchange ETHUSD | −0.0040% | 1h | 2,767.9 | −0.010% | $169K | $1.1M | 50x | as long as short |
| Phoenix ETH | −0.0003% | 1h | 2,772 | +0.138% | $873K | $3.7M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,769.2 | +0.037% | $12.2M | $43.3M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,768.9 | +0.026% | $22.4M | — | 200x | as long as short |
| Bullet ETH-USD | +0.0019% | 1h | 2,768.1 | −0.004% | $184K | $1.7M | 20x | as long as short |
| OKX ETH-USDT-SWAP | +0.0028% | 8h | 2,767.1 | −0.038% | $1.71B | $11.12B | 100x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ETH-USD | +0.0032% | 1h | 2,768.2 | +0.001% | $55.1M | $188.0M | 40x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0043% / S −0.0009% | 1h | 2,768.7 | +0.018% | $12.7M | — | 200x | as long as short |
| Aster ETHUSDT | +0.0049% | 8h | 2,767.9 | −0.011% | $256.0M | $885.1M | 200x | as long as short |
| Gate ETH_USDT | +0.0054% | 8h | 2,767.6 | −0.021% | $3.37B | $9.04B | 200x | as long as short |
| Binance ETHUSDT | +0.0060% | 8h | 2,767.9 | −0.011% | $6.48B | $16.28B | 150x | as long as short |
| MEXC ETH_USDT | +0.0061% | 8h | 2,768 | −0.007% | $1.63B | $2.64B | 500x | as long as short |
| Aevo ETH-PERPlong | +0.0064% | 1h | 2,768.2 | long leg | $5.0M | $165K | 20x | |
| Aftermath Perps ETHUSD | +0.0072% | 1h | 2,771.8 | +0.131% | $31K | $21K | 20x | as long as short |
| Bitget ETHUSDT | +0.0075% | 8h | 2,767.5 | −0.025% | $2.10B | $2.87B | 150x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0080% | 1h | 2,769.4 | +0.043% | $60.3M | $4.42B | 50x | as long as short |
| Phemex ETHUSDT | +0.0081% | 8h | 2,768.3 | +0.004% | $269.4M | $67.4M | 150x | as long as short |
| Vest ETH-PERP | +0.0082% | 1h | 2,768.3 | +0.003% | — | $876K | 50x | as long as short |
| KuCoin ETHUSDTM | +0.0085% | 8h | 2,768.9 | +0.026% | $420.1M | $619.7M | 100x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,768.2 | +0.002% | $114.9M | $458.5M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,770 | +0.066% | $25.6M | $111.7M | 50x | as long as short |
| Deribit ETH-PERPETUAL | +0.0097% | 1h | 2,769.7 | +0.054% | $259.1M | $204.6M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,769.9 | +0.063% | $15.9M | $8.6M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,767.9 | −0.010% | $488K | $2.7M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,767 | −0.042% | $14.6M | $113.7M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,770 | +0.066% | $3.17B | $2.18B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,767.8 | −0.015% | $31.2M | $325.2M | 50x | as long as short |
| Bybit ETHUSDT | +0.0100% | 8h | 2,767.7 | −0.019% | $2.51B | $4.35B | 150x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,766.8 | −0.050% | $2.8M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,768.5 | +0.011% | $2.8M | $16.9M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,772.8 | +0.169% | $170.3M | $276.6M | 25x | as long as short |
| BingX ETH-USDC | +0.0100% | 8h | 2,767.7 | −0.017% | — | $17.3M | — | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,767.6 | −0.023% | $15.1M | $42.1M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,768.5 | +0.014% | $137.0M | $344.9M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,771.9 | +0.133% | $182.0M | $784.8M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,775.8 | +0.274% | $161.4M | $84.7M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.0100% | 1h | 2,771.6 | +0.125% | $8.7M | $32.1M | 100x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,768.8 | +0.023% | $21.4M | $64.0M | 40x | as long as short |
| Polymarket Perps ETH-USDshort | +0.0100% | 1h | 2,767.8 | −0.013% | $10.5M | $8.0M | 50x | |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,769.3 | +0.042% | $21K | $22K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,770.4 | +0.080% | $42.6M | $28.9M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,767.3 | −0.032% | $970K | $13.1M | 100x | as long as short |
| HTX ETH-USDT | +0.0100% | 8h | 2,768 | −0.005% | $1.08B | $1.25B | 200x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,767.8 | −0.012% | $30.9M | $74.9M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0048% | 1h | 2,769 | +0.029% | — | $36.2M | 500x | as long as short |
| Kalshi KXETHPERP | +0.0109% | 8h | 2,768.8 | +0.023% | $8.0M | $679.1M | 4.9x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0134% | 1h | 2,769.6 | +0.052% | $96.0M | $318.8M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0152% | 1h | 2,771 | +0.102% | $252K | $1.5M | 20x | as long as short |
| Orderly PERP_ETH_USDC | +0.0154% | 8h | 2,771.6 | +0.125% | $32.6M | $11.1M | 100x | as long as short |
| BloFin ETH-USDT | +0.0182% | 8h | 2,768.7 | +0.019% | $287.1M | $181.1M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0212% | 1h | 2,767.5 | −0.024% | $7.3M | $1.1M | 25x | as long as short |
Polymarket Perps ETH-USD
Injective ETH/USDC PERP
RISEx ETH/USDC
01 Exchange ETHUSD
Phoenix ETH
gTrade (Gains Network) ETH/USD
Bullet ETH-USD
OKX ETH-USDT-SWAP
SoDEX ETH-USD
GMX ETH/USD [ETH-USDC]
Aster ETHUSDT
Gate ETH_USDT
Binance ETHUSDT
MEXC ETH_USDT
Aftermath Perps ETHUSD
Bitget ETHUSDT
Coinbase International ETH-PERP-INTX
Phemex ETHUSDT
KuCoin ETHUSDTM
Lighter ETH
Lighter RH ETH
Deribit ETH-PERPETUAL
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bybit ETHUSDT
Bulk ETH-USD
BingX ETH-USDC
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
ApeX Omni ETHUSDT
StandX ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
HTX ETH-USDT
Extended ETH-USD
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT