COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.011%

Price spread now: Polymarket Perps against Arcus−0.036%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Polymarket Perps is 0.036% cheaper against Arcus than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 12 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus COIN-USD	195.95	0.0040	pay 0.0005% / 1h	35m 18s	$15K	$55K	5x
Short	Polymarket Perps COIN-USD	195.88	0.0050	get 0.0006% / 1h	35m 18s	$133K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee Polymarket PerpsbpOrdersPrice spread, now −0.036%Rate

Funding earned: $2.04
Price spread: −0.036% → 0.000%: −$3.57
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$14.03
Costs to cover: 0.125%
Break-even: 55.1 days

Slippage unknown: Arcus: no order-book sample; Polymarket Perps: live order book, 3 min ago. Net counts fees only.

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 Arcus no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 3 min ago	1.79 bp	7.2 bp −$7	7.5 bp −$75	9.4 bp −$942	doesn't fit

Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

COIN on 26 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
Bitget COINUSDT	−0.0764%	8h	196.20	+0.128%	$6.3M	$10.6M	20x	as long as short
Injective COIN/USDC PERP	−0.0440%	1h	195.87	−0.041%	$43K	$48K	30x	as long as short
Gate COIN_USDT	−0.0169%	8h	196.06	+0.056%	$1.2M	$7.3M	50x	as long as short
Vest COIN-USD-PERP	−0.0114%	1h	195.28	−0.342%	—	$289K	25x	as long as short
Aster COINUSDT	0.0000%	8h	195.88	−0.036%	$342K	$890K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	196.01	+0.032%	$114K	$852K	10x	as long as short
Binance COINUSDT	0.0000%	8h	196.05	+0.051%	$14.7M	$81.0M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	196.03	+0.041%	$4.7M	$6.2M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	196.04	+0.046%	$3.0M	$4.7M	20x	as long as short
Variational Omni COIN	0.0000%	8h	195.92	−0.013%	$711K	$962K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	195.96	+0.005%	$23K	$2.5M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	195.96	+0.005%	$455K	$1.5M	10x	as long as short
QFEX COIN-USD	+0.0038%	1h	195.95	0.000%	$1.3M	$3.1M	10x	as long as short
Arcus COIN-USDlong	+0.0040%	1h	195.95	long leg	$15K	$55K	5x
tradeXYZ xyz:COIN	+0.0050%	1h	195.86	−0.046%	$15.2M	$13.7M	10x	as long as short
Polymarket Perps COIN-USDshort	+0.0050%	1h	195.88	−0.036%	$133K	$1.3M	10x
SoDEX COIN-USD	+0.0050%	1h	196.02	+0.036%	$75	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	195.88	−0.036%	$386K	$2.8M	10x	as long as short
Phoenix COIN	+0.0082%	1h	195.82	−0.066%	$4K	$283K	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	195.89	−0.031%	$987K	$143K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	195.87	−0.041%	$88K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	196.03	+0.041%	$567	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	196.05	+0.050%	$116	—	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	196.02	+0.036%	$188K	$409K	20x	as long as short
Lighter COIN	+0.0136%	1h	196.00	+0.023%	$388K	$2.1M	10x	as long as short
edgeX COINUSDC	+0.0717%	4h	195.84	−0.056%	$51K	$295K	10x	as long as short