Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Gate against Polymarket Perps+0.047%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now +0.047%, 7d avg −0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.104% dearer against Polymarket Perps than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ETHFI-USD | 0.6953 | 0.0100 | pay 0.0013% / 1h | 7m 56s | $52K | $149K | 5x |
| Short | Gate ETHFI_USDT | 0.6956 | 0.0100 | get 0.0050% / 4h | 1h 07m | $1.7M | $2.0M | 75x |
Polymarket Perps ETHFI-USD
Gate ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.047% → −0.056%
- $10.39
- Slippage, 4 orders
- −$54.7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$67.31
- Costs to cover
- 0.777%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 65 min ago; Gate: 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 Polymarket Perps live order book, 65 min ago | 2.98 bp | 12.9 bp −$13 | 2324.1 bp −$23.2K | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.43 bp | 32.0 bp −$32 | 185.3 bp −$1,853 | doesn't fit | doesn't fit |
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 | −0.0469% | 1h | 0.6951 | −0.024% | $41K | $11K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0415% | 4h | 0.6940 | −0.183% | $82K | $174K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0279% | 4h | 0.6948 | −0.068% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0131% | 4h | 0.6964 | +0.166% | $916K | $785K | — | as long as short |
| Extended ETHFI-USD | −0.0016% | 1h | 0.6946 | −0.101% | $95K | $505K | 10x | as long as short |
| Binance ETHFIUSDT | −0.0014% | 4h | 0.6947 | −0.075% | $24.1M | $36.4M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0013% | 8h | 0.6947 | −0.086% | $6K | — | 5x | as long as short |
| MEXC ETHFI_USDT | −0.0012% | 4h | 0.6948 | −0.068% | $15.8M | $4.2M | 125x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.132% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0044% | 4h | 0.6951 | −0.024% | $17.2M | $13.1M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Extended ETHFI-USD
Binance ETHFIUSDT
Paradex ETHFI-USD-PERP
MEXC ETHFI_USDT
Injective ETHFI/USDC PERP
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6946 | −0.096% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6956 | +0.040% | $1.1M | $832K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6954 | +0.019% | $16.7M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6956 | +0.047% | $178K | $262K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6953 | +0.004% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDTshort | +0.0100% | 4h | 0.6956 | +0.047% | $1.7M | $2.0M | 75x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6951 | −0.024% | $1.2M | $228K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6948 | −0.068% | $6.1M | $4.9M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6952 | −0.010% | — | $10.9M | — | as long as short |
| Polymarket Perps ETHFI-USDlong | +0.0100% | 1h | 0.6953 | long leg | $52K | $149K | 5x | |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6956 | +0.047% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0227% | 4h | 0.6954 | +0.019% | $1.2M | $240K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.6978 | +0.364% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1690% | 1h | 0.6962 | +0.135% | $291K | $295K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD