Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.019%
Price spread now: Polymarket Perps against OKX−0.066%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days+0.055%+$6 on $10k
+Price spread, last 7 days−0.151%−$15 · spread now −0.066%, 7d avg −0.055%
=The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX COIN-USDT-SWAP | 198.38 | 0 | get 0.0000% / 8h | 6h 01m | $3.1M | $4.4M | 20x |
| Short | Polymarket Perps COIN-USD | 198.25 | 0.0050 | get 0.0006% / 1h | 1m 54s | $136K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against OKX. 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: −0.066% → −0.055%
- −$1.03
- Slippage, 4 orders
- −$25.64
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$34.16
- Costs to cover
- 0.436%
- Break-even
- 29.8 days
Slippage from OKX: live order book, 4 min ago; Polymarket Perps: live order book, 5 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 OKX live order book, 4 min ago | 1.01 bp | 12.2 bp −$12 | 24.9 bp −$249 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.27 bp | 7.9 bp −$8 | 10.5 bp −$105 | 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 | 197.52 | −0.434% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.25 | −0.064% | $345K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.27 | −0.057% | $105K | $851K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.36 | −0.010% | $14.6M | $76.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.40 | +0.010% | $4.7M | $5.5M | 50x | as long as short |
| OKX COIN-USDT-SWAPlong | 0.0000% | 8h | 198.38 | long leg | $3.1M | $4.4M | 20x | |
| Gate COIN_USDT | 0.0000% | 8h | 198.38 | 0.000% | $1.2M | $6.7M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.40 | +0.010% | $6.4M | $9.8M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.78 | +0.201% | $769K | $921K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.24 | −0.068% | $12K | $3.2M | 10x | as long as short |
Show all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter COIN | +0.0032% | 1h | 198.32 | −0.030% | $346K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.37 | −0.005% | $482K | $1.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0036% | 1h | 198.39 | +0.005% | $1.3M | $2.6M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.55 | +0.086% | $17K | $28K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 198.39 | +0.005% | — | $293K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.27 | −0.055% | $14.8M | $11.6M | 10x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 198.25 | −0.066% | $136K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 198.40 | +0.010% | $90 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 198.36 | −0.010% | $343K | $2.1M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.31 | −0.035% | $936K | $241K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.44 | +0.030% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.39 | +0.005% | $574 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.28 | −0.048% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.80 | +0.212% | $193K | $491K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 198.71 | +0.166% | $5K | $257K | 10x | as long as short |
| edgeX COINUSDC | +0.0257% | 4h | 198.79 | +0.209% | $51K | $294K | 10x | as long as short |
OKX COIN-USDT-SWAP
Polymarket Perps COIN-USD
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COIN
Lighter RH COIN
tradeXYZ xyz:COIN
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC