Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004604 | +0.0080 | pay 0.0080% / 8h | 6h 57m | $42K | $232K | 20x | Long Orderly | |
| SHORT | 0.000004603 | +0.0100 | get 0.0013% / 1h | 57m 51s | $242K | $868K | 10x | Short Polymarket Perps |
Price gap−0.026%
Funding gap+0.0020% /8h
Funding pays +$1 a day on $10k, but the gap is 0.070% under its 7d average: −$7 if it goes back, about 12 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8+0.0020% /8h now · paid −0.078% over the last 7D
Price−$7spread −0.026% now, avg +0.044% → −0.070% if it goes back
Costsno datano order book for Orderly
Result, before costs−$15−0.15%no pointscosts unknown: no order book for Orderly · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.026%
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
/8hPEPE on 39 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$500 + $1,000Orderly 20x, Polymarket Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.60Long Orderly: 3 payments, −$2.40; short Polymarket Perps: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.026% vs +0.044%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$42K vs $242K OIOrderly sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legOrderly No · Polymarket Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0037%/8h × 21 periods−$7.81
Price spread−0.026% → +0.044% (7d avg)−$7.03
Slippage, 4 ordersno data for Orderly—
Fee Orderly bp × 2 orders−$6.00
Fee Polymarket Perps bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$28.84
Costs to cover0.140%Break-evennever at this rate
Slippage: Orderly: no order-book sample; Polymarket Perps: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOrderly—————
SELL · SHORTPolymarket Perps11.2015.2 bp−$1528.8 bp−$288doesn’t fitdoesn’t fit
Closing costs about the same again.
Orderly: no data.
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