Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Bybit against Polymarket Perps−0.025%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: Bybit is 0.025% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$2 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 | Polymarket Perps ETHFI-USD | 0.7236 | 0.0100 | pay 0.0013% / 1h | 49m 13s | $60K | $93K | 5x |
| Short | Bybit ETHFIUSDT | 0.7234 | 0.0100 | get 0.0050% / 4h | 49m 13s | $18.4M | $13.0M | 25x |
Polymarket Perps ETHFI-USD
Bybit ETHFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.025% → 0.000%
- −$2.49
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.49
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; Bybit: 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 Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 0.69 bp | 12.8 bp −$13 | 41.7 bp −$417 | doesn't fit | doesn't fit |
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 | −0.0441% | 1h | 0.7234 | −0.025% | $42K | $18K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0338% | 4h | 0.7219 | −0.232% | $84K | $164K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0192% | 4h | 0.7231 | −0.066% | $17K | $1K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0030% | 4h | 0.7234 | −0.025% | $15.3M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0030% | 4h | 0.7232 | −0.053% | $25.1M | $37.2M | 75x | as long as short |
| Extended ETHFI-USD | +0.0032% | 1h | 0.7230 | −0.078% | $94K | $493K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.058% | $321 | $51K | 5.5x | as long as short |
| Aster ETHFIUSDT | +0.0045% | 4h | 0.7232 | −0.053% | $185K | $261K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0048% | 8h | 0.7221 | −0.198% | $6K | — | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7230 | −0.080% | $9K | — | 3x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
MEXC ETHFI_USDT
Binance ETHFIUSDT
Extended ETHFI-USD
Injective ETHFI/USDC PERP
Aster ETHFIUSDT
Paradex ETHFI-USD-PERP
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7242 | +0.083% | $1.1M | $896K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7245 | +0.122% | $18.3M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDTshort | +0.0100% | 4h | 0.7234 | −0.025% | $18.4M | $13.0M | 25x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7238 | +0.030% | $5.0M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7235 | −0.011% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7234 | −0.025% | $1.2M | $273K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7233 | −0.039% | $6.2M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7238 | +0.030% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7232 | −0.058% | $1.0M | $729K | — | as long as short |
| Polymarket Perps ETHFI-USDlong | +0.0100% | 1h | 0.7236 | long leg | $60K | $93K | 5x | |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7233 | −0.039% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0120% | 4h | 0.7235 | −0.011% | $1.3M | $295K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.017% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0547% | 1h | 0.7240 | +0.055% | $279K | $159K | 20x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Variational Omni ETHFI
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD