Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Polymarket Perps−0.125%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$220.225% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 4 days (all we have)−0.663%−$66 · spread now −0.125%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.140% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ADA-USD | 0.2460 | 0.0100 | pay 0.0013% / 1h | 52m 04s | $117K | $1.4M | 10x |
| Short | Binance ADAUSDT | 0.2457 | 0.0100 | get 0.0100% / 8h | 7h 52m | $103.9M | $407.4M | 75x |
Polymarket Perps ADA-USD
Binance ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: −0.125% → +0.016%
- −$14.02
- Slippage, 4 orders
- −$4.48
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$36.49
- Costs to cover
- 0.225%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 11 min ago; Binance: live order book, 7 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, 11 min ago | 0.20 bp | 4.2 bp −$4 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.03 bp | 7.0 bp −$7 | 12.8 bp −$128 | 30.4 bp −$3,045 | 97.6 bp −$48.8K |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2459 | −0.070% | $202K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2453 | −0.291% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.427% | $849 | $202K | 12x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2459 | −0.072% | $1.2M | $1.2M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2459 | −0.056% | $158K | $181K | 10x | as long as short |
| Binance ADAUSDTshort | +0.0100% | 8h | 0.2457 | −0.125% | $103.9M | $407.4M | 75x | |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2457 | −0.142% | $73.3M | $127.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2458 | −0.102% | $32.7M | $119.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2458 | −0.102% | $100.8M | $61.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2460 | −0.020% | $58.6M | $67.1M | 300x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Aster ADAUSDT
Pacifica ADA
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2460 | −0.028% | $29.5M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2459 | −0.061% | $66.8M | $54.1M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2460 | −0.020% | — | $20.3M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2455 | −0.220% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2452 | −0.351% | $65K | $287K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2450 | −0.436% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2450 | −0.427% | $75K | $896K | 50x | as long as short |
| Polymarket Perps ADA-USDlong | +0.0100% | 1h | 0.2460 | long leg | $117K | $1.4M | 10x | |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2460 | −0.020% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2462 | +0.065% | $40K | $4K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2459 | −0.052% | $8K | $754K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2458 | −0.114% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2461 | +0.009% | $1.3M | $7.2M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2458 | −0.102% | $47.6M | $7.6M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0101% | 8h | 0.2460 | −0.020% | $204K | $7.8M | 3.2x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2458 | −0.106% | $506K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2459 | −0.072% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0128% | 1h | 0.2460 | −0.008% | $2.4M | $996K | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0152% | 1h | 0.2453 | −0.305% | $365K | $8.5M | 50x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2456 | −0.191% | $2K | $113K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0198% | 1h | 0.2458 | −0.113% | $6.4M | $14.1M | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.0199% | 1h | 0.2460 | −0.012% | $142K | $485K | 15x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2459 | −0.061% | $4.5M | $5.9M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0272% | 1h | 0.2460 | −0.020% | $1K | — | 15x | as long as short |
| Hyperliquid ADA | +0.0334% | 1h | 0.2462 | +0.061% | $43.2M | $18.5M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0370% / S −0.0295% | 1h | 0.2459 | −0.055% | $87K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0441% | 1h | 0.2460 | −0.012% | $638K | $739K | 50x | as long as short |
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Kalshi KXADAPERP
Extended ADA-USD
Paradex ADA-USD-PERP
Lighter ADA
Coinbase International ADA-PERP-INTX
Phoenix ADA
Kraken Futures PF_ADAUSD
Backpack ADA_USDC_PERP
BloFin ADA-USDT
Reya ADARUSDPERP
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL