Funding you earn now, next payment 10:00 UTC−0.0582%/8h= −63.8% APRpaid last 24h −0.186%
Price spread now: Polymarket Perps against edgeX−0.179%64s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as 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−$390.392% of the position
Funding, last 7 days−0.514%−$51 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.179%, 7d avg −0.018%
=Together, before fees−0.510%+ Points / potential airdropedgeX: Active · farm board−$51 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Polymarket Perps is 0.162% cheaper against edgeX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 64 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 | edgeX COINUSDC | 198.03 | 0.0632 | pay 0.0316% / 4h | 2h 55m | $51K | $293K | 10x |
| Short | Polymarket Perps COIN-USD | 197.67 | 0.0050 | get 0.0006% / 1h | 55m 43s | $138K | $1.4M | 10x |
edgeX COINUSDC
Polymarket Perps COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against edgeX. 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
- −$122.27
- Price spread: −0.179% → −0.018%
- −$16.17
- Slippage, 4 orders
- −$22.22
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$177.65
- Costs to cover
- 0.392%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 37 min ago; Polymarket Perps: 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 edgeX live order book, 37 min ago | 5.90 bp | 10.7 bp −$11 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.78 bp | 9.0 bp −$9 | 9.3 bp −$93 | doesn't fit | 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 | 197.14 | −0.447% | $17K | $224K | 30x | as long as short |
| Ondo Perps COIN-USD.P | −0.0165% | 1h | 196.95 | −0.543% | $380K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:COIN | −0.0036% | 1h | 197.10 | −0.467% | $14.8M | $12.3M | 10x | as long as short |
| Vest COIN-USD-PERP | −0.0018% | 1h | 197.61 | −0.210% | — | $322K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.46 | −0.286% | $344K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.18 | −0.427% | $4.6M | $5.7M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.04 | −0.498% | $3.1M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 197.51 | −0.260% | $1.2M | $6.5M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 197.11 | −0.462% | $6.4M | $10.0M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.57 | −0.232% | $670K | $831K | — | as long as short |
Injective COIN/USDC PERP
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.26 | +0.118% | $14K | $3.0M | 10x | as long as short |
| Binance COINUSDT | +0.0016% | 8h | 197.17 | −0.430% | $14.6M | $79.1M | 20x | as long as short |
| Extended COIN_24_5-USD | +0.0024% | 1h | 197.35 | −0.339% | $105K | $848K | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.18 | −0.427% | $349K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.18 | −0.427% | $471K | $1.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0036% | 1h | 197.69 | −0.169% | $1.3M | $2.7M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.20 | −0.417% | $17K | $37K | 5x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 197.67 | −0.179% | $138K | $1.4M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 197.57 | −0.230% | $80 | $3K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.34 | −0.346% | $931K | $228K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.00 | −0.013% | $89K | $280K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.75 | −0.139% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.67 | −0.180% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0108% | 8h | 197.91 | −0.058% | $190K | $489K | 20x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 198.21 | +0.093% | $5K | $253K | 10x | as long as short |
| edgeX COINUSDClong | +0.0632% | 4h | 198.03 | long leg | $51K | $293K | 10x |
GRVT COIN_USDT_Perp
Binance COINUSDT
Extended COIN_24_5-USD
Lighter COIN
Lighter RH COIN
QFEX COIN-USD
Arcus COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN