Funding you earn now, next payment 02:00 UTC−0.0490%/8h= −53.7% APRnext payment −$0.61 per $10,000 · paid last 24h −0.156%
Price spread now: Injective against Polymarket Perps−0.010%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.919%−$92 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$15 a day on $10k at the current rate. The two prices were read 51 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 | 197.93 | 0.0050 | pay 0.0006% / 1h | 4m 08s | $125K | $1.2M | 10x |
| Short | Injective COIN/USDC PERP | 197.91 | −0.0440 | pay 0.0055% / 1h | 4m 08s | $44K | $48K | 30x |
Polymarket Perps COIN-USD
Injective COIN/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$102.9
- Price spread: −0.010% → 0.000%
- −$1.01
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$111.93
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 4 min ago; Injective: 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, 4 min ago | 2.28 bp | 6.5 bp −$7 | 7.9 bp −$79 | 10.8 bp −$1,078 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0644% | 8h | 198.13 | +0.101% | $6.4M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERPshort | −0.0440% | 1h | 197.91 | −0.010% | $44K | $48K | 30x | |
| Gate COIN_USDT | −0.0103% | 8h | 198.12 | +0.096% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0073% | 1h | 197.46 | −0.237% | — | $290K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.23 | +0.153% | $366K | $856K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.04 | +0.058% | $119K | $697K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.15 | +0.111% | $15.2M | $78.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.13 | +0.101% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.11 | +0.091% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.97 | +0.020% | $819K | $906K | — | as long as short |
Bitget COINUSDT
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.56 | −0.187% | $20K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.98 | +0.025% | $1.3M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 198.06 | +0.063% | $374K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.00 | +0.035% | $449K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.98 | +0.025% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.02 | +0.045% | $15.8M | $13.3M | 10x | as long as short |
| Polymarket Perps COIN-USDlong | +0.0050% | 1h | 197.93 | long leg | $125K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 198.04 | +0.056% | $88 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.77 | −0.081% | $354K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.97 | +0.020% | $997K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.99 | +0.030% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.05 | +0.061% | $573 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.02 | +0.048% | $117 | — | 10x | as long as short |
| edgeX COINUSDC | +0.0141% | 4h | 197.92 | −0.004% | $51K | $295K | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 197.87 | −0.030% | $5K | $251K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-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
edgeX COINUSDC
Phoenix COIN