COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.005%

Price spread now: Polymarket Perps against Binance−0.066%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$280.283% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 7 days+0.150%+$15 · spread now −0.066%, 7d avg −0.055%

Together, before fees+0.247%+$25 on $10k · with fees, hour by hour

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	Binance COINUSDT	196.67	0	get 0.0000% / 8h	3h 15m	$14.7M	$80.4M	20x
Short	Polymarket Perps COIN-USD	196.54	0.0050	get 0.0006% / 1h	15m 53s	$133K	$1.2M	10x

Funding history

latest

Range statsloading…

Polymarket Perps against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee Polymarket PerpsbpOrdersPrice spread, now −0.066%Rate

Slippage from Binance: live order book, 12 min ago; Polymarket Perps: live order book, 2 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 12 min ago	0.25 bp	6.8 bp −$7	16.4 bp −$164	63.7 bp −$6,373	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.29 bp	6.8 bp −$7	7.7 bp −$77	10.0 bp −$1,004	doesn't fit

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
Bitget COINUSDT	−0.0726%	8h	196.83	+0.081%	$6.3M	$10.5M	20x	as long as short
Injective COIN/USDC PERP	−0.0440%	1h	196.76	+0.046%	$43K	$48K	30x	as long as short
Gate COIN_USDT	−0.0224%	8h	196.67	0.000%	$1.2M	$7.3M	50x	as long as short
Vest COIN-USD-PERP	−0.0108%	1h	196.15	−0.264%	—	$262K	25x	as long as short
Aster COINUSDT	0.0000%	8h	196.63	−0.019%	$343K	$890K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	196.61	−0.028%	$116K	$714K	10x	as long as short
Binance COINUSDTlong	0.0000%	8h	196.67	long leg	$14.7M	$80.4M	20x
Bybit COINUSDT	0.0000%	8h	196.66	−0.005%	$4.8M	$6.1M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	196.71	+0.020%	$3.0M	$4.7M	20x	as long as short
Variational Omni COIN	0.0000%	8h	196.64	−0.015%	$684K	$939K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	196.74	+0.037%	$12K	$2.4M	10x	as long as short
QFEX COIN-USD	+0.0020%	1h	196.69	+0.010%	$1.3M	$3.2M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	196.60	−0.036%	$455K	$1.5M	10x	as long as short
Arcus COIN-USD	+0.0040%	1h	196.79	+0.061%	$15K	$55K	5x	as long as short
tradeXYZ xyz:COIN	+0.0050%	1h	196.55	−0.061%	$15.3M	$13.7M	10x	as long as short
Polymarket Perps COIN-USDshort	+0.0050%	1h	196.54	−0.066%	$133K	$1.2M	10x
SoDEX COIN-USD	+0.0050%	1h	196.62	−0.025%	$91	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	196.48	−0.097%	$350K	$2.7M	10x	as long as short
Lighter COIN	+0.0064%	1h	196.63	−0.021%	$385K	$2.1M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	196.63	−0.020%	$991K	$143K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	196.63	−0.020%	$88K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	196.63	−0.020%	$569	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	196.61	−0.031%	$116	—	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	196.86	+0.097%	$188K	$394K	20x	as long as short
Phoenix COIN	+0.0122%	1h	196.78	+0.056%	$4K	$283K	10x	as long as short
edgeX COINUSDC	+0.0864%	4h	196.61	−0.030%	$51K	$295K	10x	as long as short