Settings8H · net · $10k
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
Funding arb · Price arb / RWA

POLYMARKET

RWAAll POLYMARKET markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONGBitgetPOLYMARKETUSDT21.911−0.1176get 0.1176% / 8h4h 00m$1.2M$5.7M10xLong Bitget
SHORTBybitPOLYMARKETUSDT21.8100get 0.0000% / 8h4h 00m$630K$1.9M10xShort Bybit
Price gap−0.461%
Funding gap+0.1176% /8h

Funding pays +$35 a day on $10k, but the gap is 0.643% under its 7d average: −$64 if it goes back, about 44 hours of funding. At the last 7 days' pace that is about 45 days.

Funding you earn now+0.1176% /8hpaid last 24h +0.017% · next 16:00 UTC
Price spread now−0.461%7d average +0.182% · you buy dearer than you sell
Net 7d · $10k—Paid 7d +$21d − costs $254 · under 7 days of funding history
Net, price · $10k−$318spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$2542.536% of a $10k position

The current funding rate is far above what this pair has been paying: over the last 1 day it paid +0.017% in total, about +0.0048%/8h on average.

Funding, last

1 day, all we have+0.017%+$2 on $10k
Price spread, last 1 day of 7D (all we have)+1.269%+$127 · now −0.461%, avg +0.182%
Together, before fees+1.286%+$129no pointsWith fees, hour by hour → backtest

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Bybit price against Bitgetnow
RANGE STATS · 7D
Now−0.461%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

POLYMARKET on 5 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size16.2 / 81.2 bp
    At $10k Bybit’s book costs 81.2 bp to enter, 5.0× Bitget’s.
  • Note: Margin at max leverage$1,000 + $1,000
    Bitget 10x, Bybit 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$35.28Long Bitget: 3 payments, +$35.28; short Bybit: 3 payments, $0.00.
  • Watch: Gap narrower than usual−0.461% vs +0.182%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$630K vs $1.2M OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBitget Yes · Bybit Yes
    KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0048%/8h × 21 periods+$10.02
Price spread−0.461% → +0.182% (7d avg)−$64.31
Slippage, 4 orderslive order books−$230.57
Fee Bitget bp × 2 orders−$12.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$307.85
Costs to cover2.536%Break-even222.0 days
Slippage: Bitget: live order book, 2 min ago; Bybit: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBitget1.3716.2 bp−$16doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit25.3981.2 bp−$81doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

Measured