Funding you earn now, next payment 23:00 UTC−0.0134%/8h= −14.7% APRnext payment −$0.17 per $10,000 · paid last 24h +0.012%
Price spread now: Polymarket Perps against tradeXYZ−0.030%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 3 days (all we have)+0.087%+$9 · spread now −0.030%, 7d avg +0.008%
=Together, before fees+0.220%+ Points / potential airdroptradeXYZ: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Polymarket Perps is 0.037% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.133%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AAPL | 338.98 | 0.0184 | pay 0.0023% / 1h | 24m 05s | $40.9M | $76.6M | 20x |
| Short | Polymarket Perps AAPL-USD | 338.88 | 0.0050 | get 0.0006% / 1h | 24m 05s | $265K | $394K | 10x |
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against tradeXYZ. 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
- −$28.17
- Price spread: −0.030% → +0.008%
- −$3.73
- Slippage, 4 orders
- −$4.93
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$62.84
- Costs to cover
- 0.309%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; Polymarket Perps: live order book, 58 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 tradeXYZ live order book, 6 min ago | 0.15 bp | 9.1 bp −$9 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 58 min ago | 1.18 bp | 5.3 bp −$5 | 6.9 bp −$69 | 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 | −0.0400% | 4h | 339.11 | +0.037% | $81K | $325K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0015% | 8h | 339.08 | +0.030% | $352K | $168K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.13 | +0.043% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.02 | +0.013% | $285K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.09 | +0.032% | $22.4M | $67.4M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.14 | +0.047% | $6.1M | $39.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.06 | +0.024% | $6.6M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.90 | −0.024% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.09 | +0.032% | $6.2M | $3.3M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.13 | +0.046% | $2.4M | $1.4M | — | as long as short |
edgeX AAPLUSDC
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.12 | +0.040% | $14K | $498K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.07 | +0.027% | $980 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.20 | +0.065% | $53K | $222K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.15 | +0.050% | $2.1M | $7K | 10x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.01 | +0.009% | $968K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.71 | −0.080% | — | $53K | 25x | as long as short |
| Polymarket Perps AAPL-USDshort | +0.0050% | 1h | 338.88 | −0.030% | $265K | $394K | 10x | |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.99 | +0.003% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.74 | −0.071% | $1.5M | $2.4M | 20x | as long as short |
| Lighter AAPL | +0.0056% | 1h | 338.98 | 0.000% | $769K | $2.5M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.99 | +0.003% | $3.2M | $5.1M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0072% | 1h | 338.98 | 0.000% | $36K | — | 20x | as long as short |
| Nado AAPL-PERP | +0.0085% | 1h | 338.82 | −0.047% | $556K | $34K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.84 | −0.041% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.77 | −0.062% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.94 | −0.012% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.02 | +0.011% | $11K | — | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0134% | 1h | 338.92 | −0.018% | $28K | $65K | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | +0.015% | $660K | $677K | 10x | as long as short |
| tradeXYZ xyz:AAPLlong | +0.0184% | 1h | 338.98 | long leg | $40.9M | $76.6M | 20x | |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.55 | +0.168% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0354% | 1h | 339.16 | +0.053% | $2K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0364% | 1h | 338.97 | −0.003% | $270K | $70K | 20x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter RH AAPL
Vest AAPL-USD-PERP
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Lighter AAPL
QFEX AAPL-USD
Hotstuff AAPL-PERP
Nado AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Deribit AAPL_USDC-PERPETUAL
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD