COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.012%

Price spread now: Arcus against Polymarket Perps+0.202%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. Arcus is 0.202% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.202% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps COIN-USD	197.62	0.0050	pay 0.0006% / 1h	1m 29s	$125K	$1.2M	10x
Short	Arcus COIN-USD	198.02	0.0040	get 0.0005% / 1h	1m 29s	$16K	$53K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Polymarket Perps. 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 Polymarket PerpsbpFee ArcusbpOrdersPrice spread, now +0.202%Rate

Funding earned: −$2.04
Price spread: +0.202% → 0.000%: $20.24
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $5.7
Costs to cover: 0.125%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 7 min ago; Arcus: no order-book sample. 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 Polymarket Perps live order book, 7 min ago	2.28 bp	6.5 bp −$7	7.9 bp −$79	10.8 bp −$1,078	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

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 25 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	−0.0647%	8h	197.81	+0.096%	$6.4M	$10.2M	20x	as long as short
Injective COIN/USDC PERP	−0.0440%	1h	197.93	+0.157%	$44K	$48K	30x	as long as short
Gate COIN_USDT	−0.0131%	8h	197.74	+0.061%	$1.2M	$7.1M	50x	as long as short
Vest COIN-USD-PERP	−0.0078%	1h	197.33	−0.147%	—	$290K	25x	as long as short
Aster COINUSDT	0.0000%	8h	197.83	+0.108%	$365K	$877K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	197.73	+0.055%	$119K	$697K	10x	as long as short
Binance COINUSDT	0.0000%	8h	197.67	+0.024%	$15.2M	$78.3M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	197.65	+0.015%	$4.9M	$5.9M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	197.80	+0.091%	$3.1M	$4.6M	20x	as long as short
Variational Omni COIN	0.0000%	8h	197.97	+0.177%	$819K	$906K	—	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	197.96	+0.170%	$20K	$2.1M	10x	as long as short
QFEX COIN-USD	+0.0028%	1h	197.76	+0.071%	$1.3M	$3.6M	10x	as long as short
Lighter COIN	+0.0032%	1h	197.72	+0.051%	$367K	$2.0M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	197.71	+0.046%	$449K	$1.5M	10x	as long as short
Arcus COIN-USDshort	+0.0040%	1h	198.02	+0.202%	$16K	$53K	5x
tradeXYZ xyz:COIN	+0.0050%	1h	197.60	−0.010%	$15.8M	$13.3M	10x	as long as short
Polymarket Perps COIN-USDlong	+0.0050%	1h	197.62	long leg	$125K	$1.2M	10x
SoDEX COIN-USD	+0.0050%	1h	197.94	+0.162%	$86	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	197.70	+0.040%	$354K	$3.0M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	197.64	+0.010%	$995K	$143K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	197.84	+0.111%	$89K	$286K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	197.94	+0.162%	$572	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	197.92	+0.150%	$117	—	10x	as long as short
Phoenix COIN	+0.0160%	1h	197.86	+0.121%	$5K	$251K	10x	as long as short
edgeX COINUSDC	+0.0665%	4h	198.00	+0.191%	$51K	$295K	10x	as long as short