Funding you earn now, next payment 09:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.016%
Price spread now: Polymarket Perps against Binance−0.123%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 7 days−0.107%−$11 · spread now −0.123%, 7d avg −0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.063% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 195.83 | 0.0048 | pay 0.0048% / 8h | 7h 47m | $14.9M | $81.7M | 20x |
| Short | Polymarket Perps COIN-USD | 195.59 | 0.0050 | get 0.0006% / 1h | 47m 32s | $135K | $1.4M | 10x |
Binance COINUSDT
Polymarket Perps COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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
- $0.37
- Price spread: −0.123% → −0.060%
- −$6.25
- Slippage, 4 orders
- −$11.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$34.97
- Costs to cover
- 0.291%
- Break-even
- 661.9 days
Slippage from Binance: live order book, 10 min ago; Polymarket Perps: live order book, 16 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 Binance live order book, 10 min ago | 0.25 bp | 8.8 bp −$9 | 19.5 bp −$195 | 62.9 bp −$6,294 | doesn't fit |
| Sell Polymarket Perps live order book, 16 min ago | 2.05 bp | 7.0 bp −$7 | 7.6 bp −$76 | 9.9 bp −$985 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.36 | −0.240% | $43K | $40K | 30x | as long as short |
| Bitget COINUSDT | −0.0216% | 8h | 195.85 | +0.010% | $6.3M | $10.4M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0053% | 1h | 195.36 | −0.240% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.85 | +0.013% | $342K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.70 | −0.066% | $4.7M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.79 | −0.020% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.82 | −0.005% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.08 | +0.129% | $660K | $1.0M | — | as long as short |
| Lighter COIN | +0.0032% | 1h | 195.73 | −0.053% | $360K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.73 | −0.051% | $467K | $1.3M | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
Lighter COIN
Lighter RH COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus COIN-USD | +0.0040% | 1h | 195.94 | +0.056% | $17K | $57K | 5x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 195.78 | −0.026% | $1.3M | $2.8M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0048% | 1h | 195.76 | −0.036% | $106K | $860K | 10x | as long as short |
| Binance COINUSDTlong | +0.0048% | 8h | 195.83 | long leg | $14.9M | $81.7M | 20x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.67 | −0.082% | $15.2M | $12.8M | 10x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 195.59 | −0.123% | $135K | $1.4M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 195.74 | −0.046% | $77 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.53 | −0.153% | $432K | $2.6M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.64 | −0.097% | $984K | $167K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.69 | −0.071% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.77 | −0.031% | $566 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.76 | −0.033% | $116 | — | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 195.91 | +0.041% | $4K | $283K | 10x | as long as short |
| BloFin COIN-USDT | +0.0168% | 8h | 195.88 | +0.026% | $187K | $435K | 20x | as long as short |
| GRVT COIN_USDT_Perp | +0.0184% | 8h | 195.90 | +0.036% | $18K | $2.9M | 10x | as long as short |
| edgeX COINUSDC | +0.0873% | 4h | 195.82 | −0.005% | $50K | $295K | 10x | as long as short |
Arcus COIN-USD
QFEX COIN-USD
Extended COIN_24_5-USD
tradeXYZ xyz:COIN
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
BloFin COIN-USDT
GRVT COIN_USDT_Perp
edgeX COINUSDC