Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.010%
Price spread now: Bitget against Polymarket Perps+0.082%50s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now +0.082%, 7d avg +0.064%
=The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 50 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 | Polymarket Perps SP500-USD | 7,765.9 | 0.0050 | pay 0.0006% / 1h | 9m 33s | $9.0M | $2.3M | 50x |
| Short | Bitget SP500USDT | 7,772.3 | 0 | get 0.0000% / 8h | 7h 09m | $7.2M | $771K | 50x |
Polymarket Perps SP500-USD
Bitget SP500USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Polymarket Perps. 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
- −$10.5
- Price spread: +0.082% → +0.064%
- $1.86
- Slippage, 4 orders
- −$28.09
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$56.73
- Costs to cover
- 0.481%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; Bitget: live order book, 4 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 Polymarket Perps live order book, 5 min ago | 0.06 bp | 4.4 bp −$4 | 4.8 bp −$48 | 5.4 bp −$542 | 10.7 bp −$5,332 |
| Sell Bitget live order book, 4 min ago | 1.99 bp | 22.1 bp −$22 | 35.5 bp −$355 | 41.2 bp −$4,120 | doesn't fit |
SP500 on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,664.8 | −1.302% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0045% | 1h | 7,769.2 | +0.042% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.5 | +0.008% | $152K | $246K | 20x | as long as short |
| Bitget SP500USDTshort | 0.0000% | 8h | 7,772.3 | +0.082% | $7.2M | $771K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,743.7 | −0.286% | $17.2M | $8.9M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,768 | +0.028% | $13K | $108K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766.3 | +0.005% | $2.2M | $29.0M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,768.3 | +0.031% | $3.2M | $14.8M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.1 | −0.358% | $1.6M | $7.1M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832.8 | +0.861% | — | $3.9M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769.5 | +0.046% | $545K | $439K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.7 | −0.003% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,768.2 | +0.030% | $433.9M | $240.2M | 50x | as long as short |
| Polymarket Perps SP500-USDlong | +0.0050% | 1h | 7,765.9 | long leg | $9.0M | $2.3M | 50x | |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.6 | +0.022% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,768.5 | +0.033% | $9.5M | $7.1M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768.3 | +0.031% | $261K | $178K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0270% | 1h | 7,765.8 | −0.001% | $590 | $21K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD