Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.043%
Price spread now: Polymarket Perps against Gate−0.092%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now −0.092%, 7d avg −0.068%
=Funding pays, the price is against you. Polymarket Perps is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.068%). If the spread goes back, that is −$2 on $10k: about 39 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COIN_USDT | 195.49 | 0 | get 0.0000% / 8h | 1h 33m | $1.2M | $7.4M | 50x |
| Short | Polymarket Perps COIN-USD | 195.31 | 0.0050 | get 0.0006% / 1h | 33m 10s | $129K | $1.4M | 10x |
Gate COIN_USDT
Polymarket Perps COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Gate. 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: −0.092% → −0.068%
- −$2.45
- Slippage, 4 orders
- −$17.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$32.19
- Costs to cover
- 0.402%
- Break-even
- 28.5 days
Slippage from Gate: live order book, 5 min ago; Polymarket Perps: live order book, 5 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 Gate live order book, 5 min ago | 4.86 bp | 14.8 bp −$15 | 127.5 bp −$1,275 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 1.54 bp | 6.0 bp −$6 | 6.8 bp −$68 | 10.3 bp −$1,027 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0727% | 8h | 195.66 | +0.087% | $6.3M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.24 | −0.128% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0104% | 1h | 194.75 | −0.379% | — | $289K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.49 | −0.001% | $341K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.41 | −0.039% | $116K | $790K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.47 | −0.009% | $15.0M | $82.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.46 | −0.015% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.48 | −0.005% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDTlong | 0.0000% | 8h | 195.49 | long leg | $1.2M | $7.4M | 50x | |
| Variational Omni COIN | 0.0000% | 8h | 195.24 | −0.127% | $708K | $955K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
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 | 195.36 | −0.066% | $17K | $2.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.38 | −0.056% | $460K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.39 | −0.051% | $15K | $54K | 5x | as long as short |
| QFEX COIN-USD | +0.0045% | 1h | 195.41 | −0.041% | $1.3M | $2.9M | 10x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 195.31 | −0.092% | $129K | $1.4M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 195.34 | −0.077% | $74 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.03 | −0.235% | $445K | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0057% | 1h | 195.26 | −0.118% | $15.2M | $13.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.32 | −0.087% | $984K | $136K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.19 | −0.153% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.40 | −0.046% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.41 | −0.041% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.50 | +0.005% | $187K | $423K | 20x | as long as short |
| Lighter COIN | +0.0128% | 1h | 195.38 | −0.054% | $363K | $2.3M | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.26 | −0.118% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0553% | 4h | 195.33 | −0.083% | $50K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
Arcus COIN-USD
QFEX COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Lighter COIN
Phoenix COIN
edgeX COINUSDC