Funding you earn now, next payment 05:00 UTC+0.0487%/8h= +53.3% APRpaid last 24h +0.150%
Price spread now: edgeX against Polymarket Perps+0.097%64s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs+$17as 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−$350.346% of the position
Funding, last 7 days+0.513%+$51 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.097%, 7d avg +0.016%
=Together, before fees+0.505%+ Points / potential airdropedgeX: Active · farm board+$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and edgeX is 0.080% dearer against Polymarket Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.016%. 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 | Polymarket Perps COIN-USD | 196.58 | 0.0050 | pay 0.0006% / 1h | 26m 31s | $133K | $1.2M | 10x |
| Short | edgeX COINUSDC | 196.77 | 0.0537 | get 0.0269% / 4h | 3h 26m | $51K | $294K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $102.3
- Price spread: +0.097% → +0.016%
- $8.05
- Slippage, 4 orders
- −$17.56
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $75.78
- Costs to cover
- 0.346%
- Break-even
- 1.8 days
Slippage from Polymarket Perps: live order book, 2 min ago; edgeX: live order book, 26 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 Polymarket Perps live order book, 2 min ago | 2.29 bp | 6.3 bp −$6 | 6.8 bp −$68 | 9.1 bp −$914 | doesn't fit |
| Sell edgeX live order book, 26 min ago | 5.82 bp | 10.8 bp −$11 | 16.6 bp −$166 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0717% | 8h | 196.81 | +0.117% | $6.2M | $10.5M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.73 | +0.076% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0224% | 8h | 196.75 | +0.086% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0109% | 1h | 196.04 | −0.275% | — | $266K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.58 | +0.001% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.64 | +0.032% | $116K | $648K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.69 | +0.056% | $14.7M | $80.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.77 | +0.097% | $4.8M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.76 | +0.092% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.85 | +0.138% | $684K | $939K | — | 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 | 196.80 | +0.111% | $13K | $2.4M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 196.67 | +0.046% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.72 | +0.071% | $453K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.82 | +0.122% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.57 | −0.005% | $15.3M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USDlong | +0.0050% | 1h | 196.58 | long leg | $133K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 196.57 | −0.005% | $86 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.45 | −0.066% | $368K | $2.7M | 10x | as long as short |
| Lighter COIN | +0.0088% | 1h | 196.74 | +0.081% | $341K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.76 | +0.092% | $992K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.71 | +0.066% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.52 | −0.031% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.57 | −0.007% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.63 | +0.025% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 196.74 | +0.081% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDCshort | +0.0537% | 4h | 196.77 | +0.097% | $51K | $294K | 10x |
Polymarket Perps COIN-USD
edgeX COINUSDC
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter RH COIN
tradeXYZ xyz:COIN
SoDEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
BloFin COIN-USDT
Phoenix COIN