Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.039%
Price spread now: Polymarket Perps against Paradex+0.247%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.247% dearer against Paradex than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ETHFI-USD-PERP | 0.7039 | 0.0000 | pay 0.0000% / 8h | 4h 00m | $6K | — | 5x |
| Short | Polymarket Perps ETHFI-USD | 0.7057 | 0.0100 | get 0.0013% / 1h | 0m 06s | $70K | $118K | 5x |
Paradex ETHFI-USD-PERP
Polymarket Perps ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Paradex. 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
- $20.9
- Price spread: +0.247% → 0.000%
- $24.73
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $33.62
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Polymarket Perps: live order book, 23 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 23 min ago | 3.67 bp | 14.2 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
Paradex: 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.
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0459% | 1h | 0.7045 | +0.080% | $40K | $12K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0422% | 4h | 0.7032 | −0.105% | $87K | $168K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0236% | 4h | 0.7042 | +0.037% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERPlong | 0.0000% | 8h | 0.7039 | long leg | $6K | — | 5x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.850% | $321 | $51K | 5.5x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0044% | 1h | 0.7046 | +0.090% | $264K | $208K | 20x | as long as short |
| Variational Omni ETHFI | +0.0078% | 4h | 0.7044 | +0.069% | $983K | $706K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7052 | +0.173% | $1.1M | $883K | 5x | as long as short |
| Extended ETHFI-USD | +0.0096% | 1h | 0.7037 | −0.035% | $95K | $381K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0098% | 4h | 0.7039 | −0.006% | $24.4M | $35.1M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Kraken Futures PF_ETHFIUSD
Variational Omni ETHFI
Lighter ETHFI
Extended ETHFI-USD
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETHFI_USDT | +0.0098% | 4h | 0.7041 | +0.023% | $15.8M | $4.1M | 125x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7046 | +0.092% | $17.4M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7049 | +0.143% | $180K | $264K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7039 | −0.006% | $17.6M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7050 | +0.151% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7047 | +0.108% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7042 | +0.037% | $1.2M | $230K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7042 | +0.037% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7044 | +0.065% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USDshort | +0.0100% | 1h | 0.7057 | +0.247% | $70K | $118K | 5x | |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7047 | +0.108% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7040 | +0.009% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0338% | 4h | 0.7046 | +0.094% | $1.2M | $246K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0624% | 1h | 0.7096 | +0.804% | $31K | $6K | 50x | as long as short |
MEXC ETHFI_USDT
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
SunX ETHFI-USDT
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX