Settings8H · net · $10k
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FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.2536−0.1304get 0.0163% / 1h55m 54s$28K$318K5xLong Polymarket Perps
SHORT0.2538+0.0096get 0.0012% / 1h55m 54s$52K$153K20xShort Popdex
Price gap+0.063%
Funding gap+0.1400% /8h

Both sides work: funding pays +$42 a day on $10k, and the gap is 0.039% above its 7d average: +$4 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$135+0.1400% /8h now · paid +1.355% over the last 7D
Price+$4spread +0.063% now, avg +0.024% → +0.039% if it goes back
Costs−$730.730% of $10k · taker + slippage, in and out

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.063%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

KAITO on 29 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • Watch: Thin at this size7.2 / 30.1 bp
    At $10k entering Popdex costs 30.1 bp, fee and slippage, 4.2× Polymarket Perps’s.
  • Note: Margin at max leverage$2,000 + $500
    Polymarket Perps 5x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$42.00Long Polymarket Perps: 24 payments, +$39.12; short Popdex: 24 payments, +$2.88.
  • OK: Entry gap works for you+0.063% vs +0.024%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$28K vs $52K OI
    Polymarket Perps sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legPolymarket Perps No · Popdex No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0645%/8h × 21 periods+$135.47
Price spread+0.063% → +0.024% (7d avg)+$3.87
Slippage, 4 orderslive order books−$58.65
Fee Polymarket Perps bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k+$66.29
Costs to cover0.730%Break-even3.6 days
Slippage: Polymarket Perps: live order book, 63 min ago; Popdex: live order book, 62 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPolymarket Perps1.597.2 bp−$7doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPopdex5.9330.1 bp−$3078.1 bp−$781doesn’t fitdoesn’t fit

Closing costs about the same again.

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