Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000005004 | +0.1803 | pay 0.0225% / 1h | 45m 30s | $3K | $431K | 10x | Long SoDEX | |
| SHORT | 0.000005003 | +0.0100 | get 0.0013% / 1h | 45m 30s | $382K | $1.0M | 10x | Short Polymarket Perps |
Price gap−0.020%
Funding gap−0.1703% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $51 a day and eats that in about 1 hour. At the last 7 days' pace that is about 17 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$31−0.1703% /8h now · paid −0.308% over the last 7D
Price+$3spread −0.020% now, avg −0.051% → +0.031% if it goes back
Costs−$470.473% 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 −0.308% in total, about −0.0147%/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−0.020%
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
3 ok · 2 to watch- Watch: Large against open interest13.5 / 7.0 bp$10k is over 10% of SoDEX’s open interest.
- Note: Margin at max leverage$1,000 + $1,000SoDEX 10x, Polymarket Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$51.08Long SoDEX: 24 payments, −$54.08; short Polymarket Perps: 24 payments, +$3.00.
- OK: Entry gap works for you−0.020% vs −0.051%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$3K vs $382K OISoDEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSoDEX No · Polymarket Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0147%/8h × 21 periods−$30.80
Price spread−0.020% → −0.051% (7d avg)+$3.09
Slippage, 4 orderslive order books−$31.33
Fee SoDEX bp × 2 orders−$8.00
Fee Polymarket Perps bp × 2 orders−$8.00
Net · 7 days · $10k−$75.03
Costs to cover0.473%Break-evennever at this rate
Slippage: SoDEX: live order book, 12 min ago; Polymarket Perps: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSoDEX1.9913.5 bp−$14doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPolymarket Perps3.047.0 bp−$715.0 bp−$150doesn’t fitdoesn’t fit
Closing costs about the same again.
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