POLYMARKET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetPOLYMARKETUSDT	21.891	−0.1443	get 0.1443% / 8h	4h 43m	$1.2M	$5.5M	10x	Long Bitget
SHORT	GatePOLYMARKET_USDT	21.616	0	get 0.0000% / 8h	4h 43m	$765K	$772K	10x	Short Gate

Price gap−1.256%

Funding gap+0.1443% /8h

Funding pays +$43 a day on $10k, but the gap is 0.381% under its 7d average: −$38 if it goes back, about 21 hours of funding. At the last 7 days' pace that is about 26 days.

Funding you earn now+0.1443% /8hpaid last 24h +0.017% · next 16:00 UTC

Price spread now−1.256%7d average −0.875% · you buy dearer than you sell

Net 7d · $10k—Paid 7d +$21d − costs $1,249 · under 7 days of funding history

Net, price · $10k−$1,287spread back to 7d avg − costs · as in Price arb

Costs, in and out · $10k−$1,24912.487% 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 +0.0049%/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)+1.074%+$107 · now −1.256%, avg −0.875%

Together, before fees+1.091%+$109no 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

Gate price against Bitgetnow

RANGE STATS · 7D

Now−1.256%

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

Exchange	Funding /8h	Every	Price	vs long leg	OI	Vol 24h	Lev	KYC	Use as
BitgetPOLYMARKETUSDT	−0.1443% · 8h	8h	21.891	long leg	$1.2M	$5.5M	10x	Yes	21.891 · long leg · OI $1.2M · 10x · KYC Yes	LONG
BybitPOLYMARKETUSDT	0.0000% · 8h	8h	21.730	−0.735%	$631K	$2.1M	10x	Yes	21.730 · −0.735% · OI $631K · 10x · KYC Yes	long short
GatePOLYMARKET_USDT	0.0000% · 8h	8h	21.616	−1.256%	$765K	$772K	10x	Yes	21.616 · −1.256% · OI $765K · 10x · KYC Yes	SHORT
HTXPOLYMARKET-USDT	0.0000% · 8h	8h	21.871	−0.091%	$5K	$38K	10x	Limited	21.871 · −0.091% · OI $5K · 10x · KYC Limited	long short
edgeXPOLYMARKETUSDC	+0.0368% · 4h	4h	21.721	−0.779%	$4K	$338K	10x	No	21.721 · −0.779% · OI $4K · 10x · KYC No	long short

Before you open

1 ok · 4 to watch

Watch: Thin at this size13.8 / 386.3 bp
At $10k Gate’s book costs 386.3 bp to enter, 27.9× Bitget’s.
Note: Margin at max leverage$1,000 + $1,000
Bitget 10x, Gate 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: +$43.29Long Bitget: 3 payments, +$43.29; short Gate: 3 payments, $0.00.
Watch: Gap narrower than usual−1.256% vs −0.875%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$765K vs $1.2M OI
Gate sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · Gate 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+0.0049%/8h × 21 periods+$10.29

Price spread−1.256% → −0.875% (7d avg)−$38.13

Slippage, 4 orderslive order books−$1,221.74

Fee Bitget bp × 2 orders−$12.00

Fee Gate bp × 2 orders−$15.00

Net · 7 days · $10k−$1,276.58

Costs to cover12.487%Break-even875.6 days

Slippage: Bitget: live order book, 2 min ago; Gate: live order book, 50 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget3.2013.8 bp−$14doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTGate19.85386.3 bp−$386doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.