Funding arb · Price arb / Crypto
USELESS
All USELESS markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2430 | +0.0100 | pay 0.0013% / 1h | 11m 29s | $75K | $452K | 3x | Long Polymarket Perps | |
| SHORT | 0.2432 | +0.0391 | get 0.0049% / 1h | 11m 29s | $203K | $389K | 10x | Short Arcus5% off |
Price gap+0.058%
Funding gap+0.0291% /8h
Funding pays +$9 a day on $10k, but the gap is 0.032% under its 7d average: −$3 if it goes back, about 9 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$55+0.0291% /8h now · paid +0.555% over the last 6 days (all we have)
Price−$3spread +0.058% now, avg +0.090% → −0.032% if it goes back
Costs−$460.464% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.058%
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
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Large against open interest7.0 / 11.6 bp$10k is over 10% of Polymarket Perps’s open interest.
- Note: Margin at max leverage$3,333 + $1,000Polymarket Perps 3x, Arcus 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: +$8.73Long Polymarket Perps: 24 payments, −$3.00; short Arcus: 24 payments, +$11.73.
- Watch: Gap narrower than usual+0.058% vs +0.090%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$75K vs $203K OIPolymarket Perps 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 · Arcus NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0313%/8h × 21 periods+$65.71
Price spread+0.058% → +0.090% (7d avg)−$3.20
Slippage, 4 orderslive order books−$33.89
Fee Polymarket Perps bp × 2 orders−$8.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k+$16.12
Costs to cover0.464%Break-even5.3 days
Slippage: Polymarket Perps: live order book, 50 min ago; Arcus: live order book, 51 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPolymarket Perps2.977.0 bp−$7doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTArcus7.9211.6 bp−$1230.2 bp−$302doesn’t fitdoesn’t fit
Closing costs about the same again.
