Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004420 | +0.0100 | pay 0.0013% / 1h | 14m 43s | $151K | $90K | 10x | Long Polymarket Perps | |
| SHORT | 0.000004422 | −0.0122 | pay 0.0122% / 8h | 14m 43s | $84.6M | $252.4M | 75x | Short Binance |
Price gap+0.056%
Funding gap−0.0222% /8h
Funding costs $7 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8−0.0222% /8h now · paid +0.076% over the last 7D
Price$0spread +0.056% now, avg +0.059% → −0.003% if it goes back
Costs−$300.300% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.076% in total, about +0.0036%/8h on average.
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+0.056%
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- OK: Fits both order books8.5 / 7.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $133Polymarket Perps 10x, Binance 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$6.67Long Polymarket Perps: 24 payments, −$3.00; short Binance: 3 payments, −$3.67.
- Note: Gap at its usual level+0.056% vs +0.059%The price leg adds little either way.
- Watch: Long leg is thinner$151K vs $84.6M OIPolymarket Perps sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPolymarket Perps No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0036%/8h × 21 periods+$7.65
Price spread+0.056% → +0.059% (7d avg)−$0.28
Slippage, 4 orderslive order books−$12.03
Fee Polymarket Perps bp × 2 orders−$8.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$22.65
Costs to cover0.300%Break-even27.7 days
Slippage: Polymarket Perps: live order book, 18 min ago; Binance: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPolymarket Perps2.268.5 bp−$812.3 bp−$123doesn’t fitdoesn’t fit
SELL · SHORTBinance0.117.3 bp−$711.8 bp−$11837.7 bp−$3,769doesn’t fit
Closing costs about the same again.
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