Funding you earn now, next payment 11:00 UTC−0.0441%/8h= −48.3% APRpaid last 24h −0.188%
Price spread now: Polymarket Perps against edgeX−0.293%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 7 days−0.514%−$51 on $10k
+Price spread, last 4 days (all we have)+0.204%+$20 · spread now −0.293%, 7d avg −0.017%
=Together, before fees−0.310%+ Points / potential airdropedgeX: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Polymarket Perps is 0.276% cheaper against edgeX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COINUSDC | 198.61 | 0.0491 | pay 0.0245% / 4h | 1h 44m | $51K | $295K | 10x |
| Short | Polymarket Perps COIN-USD | 198.03 | 0.0050 | get 0.0006% / 1h | 44m 58s | $136K | $1.2M | 10x |
edgeX COINUSDC
Polymarket Perps COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$92.61
- Price spread: −0.293% → −0.017%
- −$27.6
- Slippage, 4 orders
- −$18.55
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$155.76
- Costs to cover
- 0.356%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 1 min ago; Polymarket Perps: live order book, 6 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, 1 min ago | 5.30 bp | 10.4 bp −$10 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 6 min ago | 2.01 bp | 6.0 bp −$6 | 9.4 bp −$94 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 198.16 | −0.228% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.36 | −0.127% | $345K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.28 | −0.170% | $106K | $854K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.34 | −0.137% | $14.6M | $75.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.28 | −0.167% | $4.7M | $5.5M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.28 | −0.167% | $3.1M | $4.4M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.34 | −0.137% | $1.2M | $6.4M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.45 | −0.082% | $6.4M | $9.5M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.40 | −0.107% | $785K | $935K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.60 | −0.005% | $15K | $3.2M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 198.15 | −0.233% | $1.3M | $2.5M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 198.21 | −0.202% | $345K | $1.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.22 | −0.197% | $481K | $1.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.46 | −0.077% | $20K | $31K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 198.15 | −0.233% | — | $275K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.20 | −0.207% | $14.7M | $11.6M | 10x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 198.03 | −0.293% | $136K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 198.23 | −0.192% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 198.10 | −0.258% | $330K | $2.1M | 10x | as long as short |
| Phoenix COIN | +0.0081% | 1h | 198.31 | −0.152% | $5K | $256K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.30 | −0.157% | $935K | $247K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.48 | −0.066% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.38 | −0.117% | $574 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.16 | −0.230% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.32 | −0.147% | $194K | $481K | 20x | as long as short |
| edgeX COINUSDClong | +0.0491% | 4h | 198.61 | long leg | $51K | $295K | 10x |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT