Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.013%
Price spread now: Polymarket Perps against Bitget−0.014%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now −0.014%, 7d avg −0.066%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.052% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SP500USDT | 7,770.1 | 0 | get 0.0000% / 8h | 2h 03m | $7.2M | $776K | 50x |
| Short | Polymarket Perps SP500-USD | 7,769 | 0.0050 | get 0.0006% / 1h | 3m 56s | $9.0M | $2.3M | 50x |
Bitget SP500USDT
Polymarket Perps SP500-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bitget. 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: −0.014% → −0.066%
- $5.18
- Slippage, 4 orders
- −$29.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$34.18
- Costs to cover
- 0.499%
- Break-even
- 29.8 days
Slippage from Bitget: 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 Bitget live order book, 4 min ago | 3.41 bp | 14.6 bp −$15 | 33.1 bp −$331 | 36.0 bp −$3,603 | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 0.06 bp | 5.2 bp −$5 | 5.7 bp −$57 | 6.0 bp −$605 | 11.4 bp −$5,717 |
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 | 7,665.8 | −1.342% | $7K | $108 | 52x | as long as short |
| QFEX US500-USD | −0.0033% | 1h | 7,771.5 | +0.018% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,769.7 | −0.005% | $141K | $231K | 20x | as long as short |
| Bitget SP500USDTlong | 0.0000% | 8h | 7,770.1 | long leg | $7.2M | $776K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,744.2 | −0.333% | $17.5M | $9.6M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,769.9 | −0.002% | $13K | $104K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,768.8 | −0.017% | $2.0M | $28.8M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,771.2 | +0.014% | $3.2M | $14.7M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,739.8 | −0.390% | $1.6M | $7.2M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,836.4 | +0.853% | — | $4.3M | 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 | 7,772.1 | +0.026% | $625K | $528K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,768.6 | −0.019% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,770.5 | +0.005% | $431.9M | $234.2M | 50x | as long as short |
| Polymarket Perps SP500-USDshort | +0.0050% | 1h | 7,769 | −0.014% | $9.0M | $2.3M | 50x | |
| SoDEX US500-USD | +0.0050% | 1h | 7,770.2 | +0.001% | $1.1M | $69K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,771.6 | +0.019% | $9.5M | $7.9M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,770.4 | +0.004% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0218% | 1h | 7,768.2 | −0.025% | $545 | $27K | 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