Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: OKX against Polymarket Perps+0.041%57s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.270% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.041%, 7d avg +0.049%
=The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps AAPL-USD | 338.86 | 0.0050 | pay 0.0006% / 1h | 24m 38s | $278K | $420K | 10x |
| Short | OKX AAPL-USDT-SWAP | 339.00 | 0 | get 0.0000% / 8h | 4h 24m | $6.3M | $6.8M | 25x |
Polymarket Perps AAPL-USD
OKX AAPL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.5
- Price spread: +0.041% → +0.049%
- −$0.74
- Slippage, 4 orders
- −$9.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$38.26
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 33 min ago; OKX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 33 min ago | 2.07 bp | 6.2 bp −$6 | 7.8 bp −$78 | 9.4 bp −$944 | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.15 bp | 6.2 bp −$6 | 11.1 bp −$111 | doesn't fit | doesn't fit |
AAPL on 33 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0979% | 4h | 338.89 | +0.007% | $81K | $326K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0022% | 8h | 338.96 | +0.030% | $342K | $168K | 20x | as long as short |
| Nado AAPL-PERP | −0.0021% | 1h | 338.85 | −0.003% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.86 | +0.001% | $122K | $290K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.93 | +0.021% | $284K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.02 | +0.046% | $22.1M | $67.1M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.96 | +0.030% | $5.9M | $39.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAPshort | 0.0000% | 8h | 339.00 | +0.041% | $6.3M | $6.8M | 25x | |
| Gate AAPL_USDT | 0.0000% | 8h | 338.74 | −0.035% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.05 | +0.056% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
BloFin AAPL-USDT
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.00 | +0.040% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.92 | +0.017% | $17K | $425K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.02 | +0.047% | $315 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.86 | 0.000% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.12 | +0.077% | $52K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.99 | +0.038% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0031% | 1h | 338.96 | +0.030% | $3.2M | $4.7M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.86 | +0.001% | $781K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.91 | +0.015% | $947K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.86 | 0.000% | $266K | $67K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.74 | −0.035% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.88 | +0.006% | $40.6M | $75.9M | 20x | as long as short |
| Polymarket Perps AAPL-USDlong | +0.0050% | 1h | 338.86 | long leg | $278K | $420K | 10x | |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.89 | +0.009% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.75 | −0.032% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0072% | 1h | 338.89 | +0.009% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0080% | 1h | 338.78 | −0.024% | $659K | $663K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.89 | +0.009% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.73 | −0.038% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.88 | +0.006% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.89 | +0.009% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.71 | −0.044% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 338.99 | +0.038% | $5K | $11K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL