Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Polymarket Perps against Bybit−0.048%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.048% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ETHFIUSDT | 0.7142 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $18.1M | $13.0M | 25x |
| Short | Polymarket Perps ETHFI-USD | 0.7139 | 0.0100 | get 0.0013% / 1h | 25m 56s | $59K | $93K | 5x |
Bybit ETHFIUSDT
Polymarket Perps ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bybit. 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: −0.048% → 0.000%
- −$4.76
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$23.76
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Polymarket Perps: no order-book sample. 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 Bybit live order book, 3 min ago | 1.40 bp | 15.3 bp −$15 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell Polymarket Perps no order-book sample | — | — | — | — | — |
Polymarket Perps: 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.
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0590% | 1h | 0.7137 | −0.070% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0253% | 1h | 0.7150 | +0.107% | $281K | $148K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0217% | 4h | 0.7141 | −0.014% | $83K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0183% | 4h | 0.7137 | −0.070% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0032% | 8h | 0.7132 | −0.136% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.372% | $321 | $51K | 5.5x | as long as short |
| Binance ETHFIUSDT | +0.0037% | 4h | 0.7138 | −0.056% | $24.8M | $37.2M | 75x | as long as short |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7133 | −0.131% | $92K | $493K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0042% | 4h | 0.7137 | −0.070% | $15.1M | $3.8M | 125x | as long as short |
| Bitget ETHFIUSDT | +0.0082% | 4h | 0.7137 | −0.070% | $6.1M | $5.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Bitget ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7131 | −0.151% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7141 | −0.017% | $1.1M | $898K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7150 | +0.111% | $18.1M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7144 | +0.034% | $182K | $258K | 10x | as long as short |
| Bybit ETHFIUSDTlong | +0.0100% | 4h | 0.7142 | long leg | $18.1M | $13.0M | 25x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7143 | +0.014% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7143 | +0.014% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7139 | −0.042% | $1.2M | $272K | 50x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7140 | −0.028% | — | $25.9M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7141 | −0.012% | $1.0M | $755K | — | as long as short |
| Polymarket Perps ETHFI-USDshort | +0.0100% | 1h | 0.7139 | −0.048% | $59K | $93K | 5x | |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7136 | −0.084% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0169% | 4h | 0.7138 | −0.056% | $1.3M | $292K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7168 | +0.364% | $31K | $7K | 50x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
Variational Omni ETHFI
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX