Settings8H · net · $10k
LanguageThe language of the site
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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
LONG56.898−0.0830get 0.0104% / 1h46m 29s$146K$1.0M10xLong Polymarket Perps
SHORT56.960+0.0096get 0.0012% / 1h46m 29s$129K$206K50xShort Popdex
Price gap+0.109%
Funding gap+0.0926% /8h

Both sides work: funding pays +$28 a day on $10k, and the gap is 0.050% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$120+0.0926% /8h now · paid +1.205% over the last 7D
Price+$5spread +0.109% now, avg +0.059% → +0.050% if it goes back
Costs−$270.267% 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+0.109%
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

LTC on 40 exchanges

lowest funding first

Before you open

4 ok · 1 to watch
  • OK: Fits both order books8.5 / 5.9 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $200
    Polymarket Perps 10x, Popdex 50x. 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: +$27.78Long Polymarket Perps: 24 payments, +$24.90; short Popdex: 24 payments, +$2.88.
  • OK: Entry gap works for you+0.109% vs +0.059%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$129K vs $146K OI
    Popdex 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+0.0574%/8h × 21 periods+$120.45
Price spread+0.109% → +0.059% (7d avg)+$5.05
Slippage, 4 orderslive order books−$12.31
Fee Polymarket Perps bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k+$98.79
Costs to cover0.267%Break-even1.3 days
Slippage: Polymarket Perps: live order book, 3 min ago; Popdex: live order book, 27 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPolymarket Perps2.118.5 bp−$89.0 bp−$909.4 bp−$942doesn’t fit
SELL · SHORTPopdex0.885.9 bp−$627.8 bp−$278doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

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