Funding you earn now, next payment 07:00 UTC−0.1135%/8h= −124.3% APRnext payment −$1.42 per $10,000 · paid last 24h −0.173%
Price spread now: Polymarket Perps against tradeXYZ−0.090%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,853as in the Price arb table
costs, in and out, $10k−$1,84718.466% of the position
Funding, last 5 days (all we have)−0.765%−$77 on $10k
+Price spread, last 4 days (all we have)+0.518%+$52 · spread now −0.090%, 7d avg −0.029%
=Together, before fees−0.247%+ Points / potential airdroptradeXYZ: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Polymarket Perps is 0.061% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NCLD | 24.520 | 0.1185 | pay 0.0148% / 1h | 25m 43s | $239K | $240K | 10x |
| Short | Polymarket Perps NCLD-USD | 24.498 | 0.0050 | get 0.0006% / 1h | 25m 43s | $19K | $182K | 10x |
tradeXYZ xyz:NCLD
Polymarket Perps NCLD-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
- −$238.39
- Price spread: −0.090% → −0.029%
- −$6.06
- Slippage, 4 orders
- −$1,820.56
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$2,091.02
- Costs to cover
- 18.466%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 40 min ago; Polymarket Perps: live order book, 16 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, 40 min ago | 23.17 bp | 167.4 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 16 min ago | 3.46 bp | 656.5 bp −$656 | doesn't fit | doesn't fit | doesn't fit |
NCLD on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NCLDUSDT | 0.0000% | 8h | 24.740 | +0.897% | $170K | $76K | 25x | as long as short |
| QFEX NCLD-USD | 0.0000% | 1h | 24.460 | −0.245% | $1.1M | $558K | 10x | as long as short |
| Polymarket Perps NCLD-USDshort | +0.0050% | 1h | 24.498 | −0.090% | $19K | $182K | 10x | |
| tradeXYZ xyz:NCLDlong | +0.1185% | 1h | 24.520 | long leg | $239K | $240K | 10x |
Bybit NCLDUSDT
QFEX NCLD-USD