Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%
Price spread now: Polymarket Perps against tradeXYZ−0.055%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$350.345% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 7 days+0.240%+$24 · spread now −0.055%, 7d avg +0.016%
=Together, before fees+0.191%+ Points / potential airdroptradeXYZ: Active · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.071% cheaper against tradeXYZ than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:COIN | 201.47 | 0.0050 | pay 0.0006% / 1h | 21m 30s | $16.5M | $12.2M | 10x |
| Short | Polymarket Perps COIN-USD | 201.36 | 0.0050 | get 0.0006% / 1h | 21m 30s | $129K | $1.2M | 10x |
tradeXYZ xyz:COIN
Polymarket Perps COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against tradeXYZ. 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
- $0
- Price spread: −0.055% → +0.016%
- −$7.1
- Slippage, 4 orders
- −$8.52
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$41.62
- Costs to cover
- 0.345%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Polymarket Perps: live order book, 2 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 tradeXYZ live order book, 8 min ago | 1.49 bp | 11.8 bp −$12 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 1.24 bp | 5.6 bp −$6 | 7.3 bp −$73 | 10.1 bp −$1,008 | 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 | 201.70 | +0.114% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.59 | +0.059% | $369K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.39 | −0.038% | $120K | $761K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.46 | −0.005% | $15.7M | $74.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.52 | +0.025% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.47 | 0.000% | $3.3M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.57 | +0.050% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.54 | +0.035% | $6.8M | $9.1M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.85 | +0.189% | $839K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.83 | +0.179% | $20K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 201.45 | −0.010% | $1.4M | $3.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.43 | −0.020% | $433K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.73 | +0.129% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.32 | −0.074% | — | $286K | 25x | as long as short |
| tradeXYZ xyz:COINlong | +0.0050% | 1h | 201.47 | long leg | $16.5M | $12.2M | 10x | |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 201.36 | −0.055% | $129K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 201.50 | +0.015% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.23 | −0.119% | $357K | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0072% | 1h | 201.45 | −0.012% | $375K | $1.8M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.67 | +0.099% | $1.0M | $120K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.61 | +0.069% | $91K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.59 | +0.060% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.52 | +0.023% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.70 | +0.114% | $199K | $338K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 201.82 | +0.174% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0290% | 4h | 201.60 | +0.064% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC