Settings8H · net · $10k
Funding arb · Price arb /

LINK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Polymarket Perps against gTrade (Gains Network)+0.044%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.044% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) LINK/USD13.180L +0.0004% / S −0.0007%pay 0.0001% / 1h15m 12s$134K150x
ShortPolymarket Perps LINK-USD13.1860.0100get 0.0013% / 1h15m 12s$82K$69K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$20.16
Price spread: +0.044% → 0.000%
$4.4
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$6.56
Costs to cover
0.180%
Break-even
4.7 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 54 min ago; Polymarket Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) virtual book (oracle venue), 54 min ago130.01 bp141.0 bp −$141963.5 bp −$9,63510292.4 bp −$1.03Mdoesn't fit
Sell Polymarket Perps no order-book sample
Polymarket Perps: 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.

LINK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LINK/USD [LINK-USDC]L −0.0091% / S +0.0167%1h13.180−0.004%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.182+0.014%$469K$2.2M3.7xas long as short
gTrade (Gains Network) LINK/USDlongL +0.0004% / S −0.0007%1h13.180long leg$134K150x
Injective LINK/USDC PERP+0.0033%1h12.400−5.919%$4K$48K12xas long as short
Phoenix LINK+0.0036%1h13.142−0.294%$4K$89K10xas long as short
Orderly PERP_LINK_USDC+0.0068%8h13.179−0.009%$133K$1.5M20xas long as short
Lighter LINK+0.0096%1h13.181+0.010%$2.0M$2.7M10xas long as short
Paradex LINK-USD-PERP+0.0099%8h13.207+0.201%$32K$2K20xas long as short
Nado LINK-PERP+0.0100%1h13.178−0.013%$404K$307K10xas long as short
Aster LINKUSDT+0.0100%8h13.184+0.030%$1.4M$3.0M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LINK+0.0100%1h13.1800.000%$276K$154K10xas long as short
Binance LINKUSDT+0.0100%8h13.182+0.012%$122.4M$299.7M75xas long as short
Bybit LINKUSDT+0.0100%8h13.178−0.017%$85.0M$70.5M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.181+0.006%$27.6M$84.2M50xas long as short
Arcus LINK-USD+0.0100%1h13.189+0.067%$185K$172K10xas long as short
Gate LINK_USDT+0.0100%8h13.179−0.009%$130.5M$12.5M75xas long as short
MEXC LINK_USDT+0.0100%8h13.181+0.006%$37.1M$59.1M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.185+0.036%$23.0M$14.5M75xas long as short
Bitget LINKUSDT+0.0100%8h13.177−0.024%$54.6M$30.1M75xas long as short
BingX LINK-USDT+0.0100%8h13.179−0.009%$21.0Mas long as short
Variational Omni LINK+0.0100%8h13.154−0.195%$3.4M$1.5Mas long as short
edgeX LINKUSDC+0.0100%4h13.139−0.309%$44K$310K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.140−0.303%$590K$2.7M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.150−0.229%$153K$668K50xas long as short
Polymarket Perps LINK-USDshort+0.0100%1h13.186+0.044%$82K$69K10x
Derive LINK-PERP+0.0100%1h13.177−0.021%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.196+0.117%$34K$1.5M30xas long as short
SoDEX LINK-USD+0.0100%1h13.181+0.006%$14K$32K10xas long as short
HTX LINK-USDT+0.0100%8h13.162−0.139%$649K$867K75xas long as short
Extended LINK-USD+0.0104%1h13.178−0.020%$667K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.183+0.023%$553K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0120%1h13.174−0.047%$1.0M$2.7M50xas long as short
Deribit LINK_USDC-PERPETUAL+0.0122%1h13.188+0.058%$783K$211K50xas long as short
Backpack LINK_USDC_PERP+0.0179%1h13.190+0.074%$365K$363K15xas long as short
BloFin LINK-USDT+0.0220%8h13.184+0.029%$5.2M$15.4M75xas long as short
Kraken Futures PF_LINKUSD+0.0364%1h13.189+0.067%$6.9M$8.0M50xas long as short
Reya LINKRUSDPERP+0.0382%1h13.180+0.001%$5K20xas long as short
dYdX LINK-USD+0.0457%1h13.180−0.003%$349K$48K10xas long as short
Hyperliquid LINK+0.0558%1h13.198+0.135%$81.5M$25.0M10xas long as short
Phemex LINKUSDT+0.0600%8h13.197+0.127%$20.4M$11.6M50xas long as short