Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 85.586 | +0.0282 | pay 0.0035% / 1h | 30m 59s | $499K | $112K | 10x | Long Polymarket Perps | |
| SHORT | 85.610 | +0.0048 | get 0.0006% / 1h | 30m 59s | $379K | $112K | 20x | Short Popdex |
Price gap+0.028%
Funding gap−0.0234% /8h
Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.051% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$37−0.0234% /8h now · paid −0.369% over the last 7D
Price−$5spread +0.028% now, avg +0.079% → −0.051% if it goes back
Costs−$250.253% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.028%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCRCL on 43 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books7.3 / 6.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500Polymarket Perps 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$7.03Long Polymarket Perps: 24 payments, −$8.47; short Popdex: 24 payments, +$1.44.
- Watch: Gap narrower than usual+0.028% vs +0.079%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$379K vs $499K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPolymarket Perps No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0176%/8h × 21 periods−$36.94
Price spread+0.028% → +0.079% (7d avg)−$5.06
Slippage, 4 orderslive order books−$10.94
Fee Polymarket Perps bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$67.34
Costs to cover0.253%Break-evennever at this rate
Slippage: Polymarket Perps: live order book, 22 min ago; Popdex: live order book, 22 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPolymarket Perps1.287.3 bp−$78.5 bp−$859.9 bp−$994doesn’t fit
SELL · SHORTPopdex1.176.0 bp−$69.7 bp−$9773.8 bp−$7,378doesn’t fit
Closing costs about the same again.
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