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
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONGedgeXPOLYMARKETUSDC21.790+0.0774pay 0.0387% / 4h3h 58m$4K$345K10xLong edgeX
SHORTGatePOLYMARKET_USDT21.8010get 0.0000% / 8h3h 58m$763K$746K10xShort Gate
Price gap+0.052%
Funding gap−0.0774% /8h

The gap pays +$104 on $10k if it goes back to its 7d average, but funding costs $23 a day and eats that in about 4.5 days. At the last 7 days' pace that is about 19 days.

Funding you earn now−0.0774% /8hpaid last 24h −0.055% · next 12:00 UTC
Price spread now+0.052%7d average −0.988% · you sell dearer than you buy
Net 7d · $10kPaid 7d −$61d − costs $986 · under 7 days of funding history
Net, price · $10k−$882spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$9869.860% of a $10k position

The current funding rate is far above what this pair has been paying: over the last 1 day it paid −0.055% in total, about −0.0184%/8h on average.

Funding, last

1 day, all we have
−0.055%−$6 on $10k
Price spread, last 1 day of 7D (all we have)−0.978%−$98 · now +0.052%, avg −0.988%
Together, before fees−1.033%−$103+ Points / potential airdropedgeX: points · farm boardWith 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 edgeXnow
RANGE STATS · 7D
Now+0.052%
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

2 ok · 4 to watch
  • Watch: Thin at this size164.5 / 347.2 bp
    At $10k Gate’s book costs 347.2 bp to enter, 2.1× edgeX’s.
  • Note: Margin at max leverage$1,000 + $1,000
    edgeX 10x, Gate 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$23.21Long edgeX: 6 payments, −$23.21; short Gate: 3 payments, $0.00.
  • OK: Entry gap works for you+0.052% vs −0.988%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$4K vs $763K OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • Watch: KYCedgeX No · Gate Yes
    KYC before the futures account opens; 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−0.0184%/8h × 21 periods−$38.57
Price spread+0.052% → −0.988% (7d avg)+$104.02
Slippage, 4 orderslive order books−$961.96
Fee edgeX bp × 2 orders−$9.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$920.51
Costs to cover9.860%Break-evennever at this rate
Slippage: edgeX: live order book, 43 min ago; Gate: live order book, 41 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGedgeX32.27164.5 bp−$164doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate20.16347.2 bp−$347doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

Measured