Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004995 | +0.0100 | pay 0.0013% / 1h | 31m 09s | $333K | $370K | 10x | Long Polymarket Perps | |
| SHORT | 0.000005000 | −0.0508 | pay 0.0508% / 8h | 5h 31m | $39.2M | $461.1M | 50x | Short OKX |
Price gap+0.104%
Funding gap−0.0608% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $18 a day and eats that in about 10 hours. At the last 7 days' pace that is about 11 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5−0.0608% /8h now · paid −0.047% over the last 7D
Price+$8spread +0.104% now, avg +0.028% → +0.076% if it goes back
Costs−$290.288% 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 −0.047% in total, about −0.0023%/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+0.104%
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
2 ok · 3 to watch- OK: Fits both order books8.0 / 7.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $200Polymarket Perps 10x, OKX 50x. 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: −$18.23Long Polymarket Perps: 24 payments, −$3.00; short OKX: 3 payments, −$15.23.
- OK: Entry gap works for you+0.104% vs +0.028%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$333K vs $39.2M 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 · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0023%/8h × 21 periods−$4.73
Price spread+0.104% → +0.028% (7d avg)+$7.63
Slippage, 4 orderslive order books−$10.83
Fee Polymarket Perps bp × 2 orders−$8.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$25.94
Costs to cover0.288%Break-evennever at this rate
Slippage: Polymarket Perps: live order book, 21 min ago; OKX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPolymarket Perps4.018.0 bp−$89.6 bp−$96doesn’t fitdoesn’t fit
SELL · SHORTOKX0.107.1 bp−$715.0 bp−$15037.8 bp−$3,780doesn’t fit
Closing costs about the same again.
| 10-28 16:00 | OKX | Other | Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗ |
| 10-22 06:00 | KuCoin | Other | Fresh out of the oven: the coin cookie tray 🍪 BTC, ETH, SOL, DOGE, PEPE and more. Which one are you reaching for? Register and complete your first trade for a chance to share 5,000 USDT, up to 100 USDT each. Grab yours 👉 #FoodForYourThought #KuFood #KuCoin @kucoincom on X ↗ |
| 09-28 17:53 | Phoenix | Listing | Now live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗ |
| 09-24 15:00 | Phoenix | Listing | new market kPEPE ($PEPE) seen by our collector |
| 09-23 09:30 | Phemex | Other | BTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗ |


KuCoin
Phoenix
Phemex