Funding you earn now, next payment 20:00 UTC+0.0490%/8hnext payment +$0.61 per $10,000 · paid last 24h +0.164%
Price spread now: Polymarket Perps against Injective−0.035%7-day average +0.078% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.919%+$92 on $10k
+Price spread, last 3 days (all we have)+0.063%+$6 · spread now −0.035%, 7d avg +0.078%
=Funding pays, the price is against you. Polymarket Perps is 0.113% cheaper against Injective than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.078%). If the spread goes back, that is −$11 on $10k: about 18 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective COIN/USDC PERP | 202.48 | −0.0440 | get 0.0055% / 1h | 48m 44s | $40K | $48K | 30x |
| Short | Polymarket Perps COIN-USD | 202.41 | 0.0050 | get 0.0006% / 1h | 48m 44s | $131K | $1.1M | 10x |
Injective COIN/USDC PERP
Polymarket Perps COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. 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
- $102.9
- Price spread: −0.035% → +0.078%
- −$11.26
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $83.62
- Costs to cover
- 0.080%
- Break-even
- 1.3 days
Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 4 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 4 min ago | 1.48 bp | 5.5 bp −$5 | 5.5 bp −$55 | 8.8 bp −$884 | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COIN on 26 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 COIN/USDC PERPlong | −0.0440% | 1h | 202.48 | long leg | $40K | $48K | 30x | |
| Aster COINUSDT | 0.0000% | 8h | 202.49 | +0.005% | $373K | $831K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.45 | −0.013% | $100K | $428K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.09 | −0.190% | $15.6M | $74.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.98 | −0.247% | $5.0M | $5.7M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.95 | −0.262% | $3.3M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.38 | −0.049% | $1.3M | $6.6M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.60 | +0.060% | $788K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.63 | +0.074% | $15K | $1.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.93 | −0.272% | $447K | $1.9M | 10x | as long as short |
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter RH COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus COIN-USD | +0.0040% | 1h | 202.51 | +0.015% | $19K | $42K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.28 | −0.099% | — | $479K | 25x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 202.41 | −0.035% | $131K | $1.1M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 202.49 | +0.005% | $91 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.61 | +0.064% | $370K | $3.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0055% | 1h | 202.55 | +0.035% | $1.4M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0088% | 1h | 201.98 | −0.249% | $386K | $2.1M | 10x | as long as short |
| Bitget COINUSDT | +0.0093% | 8h | 202.30 | −0.089% | $6.7M | $9.4M | 20x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.56 | +0.040% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.51 | +0.015% | $91K | $630K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.46 | −0.010% | $586 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.46 | −0.009% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.48 | 0.000% | $203K | $329K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0141% | 1h | 202.16 | −0.158% | $16.5M | $13.5M | 10x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 202.68 | +0.099% | $3K | $255K | 10x | as long as short |
| edgeX COINUSDC | +0.0550% | 4h | 202.66 | +0.088% | $52K | $292K | 10x | as long as short |
Arcus COIN-USD
Vest COIN-USD-PERP
SoDEX COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
Lighter COIN
Bitget COINUSDT
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
tradeXYZ xyz:COIN
Phoenix COIN
edgeX COINUSDC