Funding you earn now, next payment 20:00 UTC−0.0739%/8h= −80.9% APRpaid last 24h —
Price spread now: Bitget against edgeX−0.498%104s7-day average — · 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—prices read too far apart to compare
costs, in and out, $10k−$4084.082% of the position
Funding, last 6 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Bitget is 0.498% cheaper against edgeX than usual: you would sell low and buy high (−$50 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX POLYMARKETUSDC | 26.415 | 0.0739 | pay 0.0369% / 4h | 1h 59m | $287 | $115K | 10x |
| Short | Bitget POLYMARKETUSDT | 26.283 | 0 | get 0.0000% / 8h | 5h 59m | $87K | $415K | 10x |
edgeX POLYMARKETUSDC
Bitget POLYMARKETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- −$155.16
- Price spread: −0.498% → 0.000%
- −$49.83
- Slippage, 4 orders
- −$387.24
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$613.24
- Costs to cover
- 4.082%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 57 min ago; Bitget: live order book, 29 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 edgeX live order book, 57 min ago | 47.32 bp | 185.7 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 29 min ago | 1.33 bp | 31.3 bp −$31 | 145.6 bp −$1,456 | doesn't fit | doesn't fit |
POLYMARKET on 2 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget POLYMARKETUSDTshort | 0.0000% | 8h | 26.283 | −0.498% | $87K | $415K | 10x | |
| edgeX POLYMARKETUSDClong | +0.0739% | 4h | 26.415 | long leg | $287 | $115K | 10x |