Funding you earn now, next payment 21:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.046%
Price spread now: Polymarket Perps against Gate+0.030%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$450.453% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.030%, 7d avg −0.063%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.093% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.063%. Mind the row above: over the last 7 days funding on this pair cost −0.060%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COIN_USDT | 203.15 | 0 | get 0.0000% / 8h | 3h 30m | $1.3M | $6.9M | 50x |
| Short | Polymarket Perps COIN-USD | 203.21 | 0.0050 | get 0.0006% / 1h | 30m 32s | $147K | $1.1M | 10x |
Gate COIN_USDT
Polymarket Perps COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Gate. 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: +0.030% → −0.063%
- $9.27
- Slippage, 4 orders
- −$22.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$25.48
- Costs to cover
- 0.453%
- Break-even
- 24.0 days
Slippage from Gate: live order book, 4 min ago; Polymarket Perps: live order book, 3 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 Gate live order book, 4 min ago | 6.41 bp | 16.5 bp −$17 | 106.3 bp −$1,063 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.71 bp | 6.7 bp −$7 | 8.2 bp −$82 | doesn't fit | doesn't fit |
COIN on 26 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 COIN/USDC PERP | −0.0440% | 1h | 202.22 | −0.458% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 203.01 | −0.068% | $372K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 203.22 | +0.036% | $100K | $424K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 203.27 | +0.057% | $15.7M | $77.0M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 203.22 | +0.034% | $5.1M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 203.33 | +0.089% | $3.4M | $4.8M | 20x | as long as short |
| Gate COIN_USDTlong | 0.0000% | 8h | 203.15 | long leg | $1.3M | $6.9M | 50x | |
| Variational Omni COIN | 0.0000% | 8h | 203.26 | +0.053% | $777K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.79 | −0.179% | $14K | $1.9M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 203.17 | +0.009% | $376K | $2.2M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 203.13 | −0.010% | $448K | $2.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 203.30 | +0.074% | $19K | $43K | 5x | as long as short |
| QFEX COIN-USD | +0.0044% | 1h | 203.28 | +0.064% | $1.4M | $3.7M | 10x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 203.33 | +0.089% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 203.21 | +0.030% | $147K | $1.1M | 10x | |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 203.18 | +0.015% | $364K | $3.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 203.17 | +0.010% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.96 | −0.094% | $91K | $630K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 203.21 | +0.030% | $588 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 203.19 | +0.020% | $120 | — | 10x | as long as short |
| Bitget COINUSDT | +0.0108% | 8h | 203.34 | +0.094% | $7.0M | $9.9M | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0119% | 1h | 203.26 | +0.054% | $16.6M | $13.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 203.24 | +0.044% | $201K | $341K | 20x | as long as short |
| SoDEX COIN-USD | +0.0230% | 1h | 203.20 | +0.025% | $98 | $3K | 10x | as long as short |
| Phoenix COIN | +0.0239% | 1h | 203.01 | −0.069% | $5K | $259K | 10x | as long as short |
| edgeX COINUSDC | +0.0564% | 4h | 202.76 | −0.192% | $52K | $293K | 10x | as long as short |
Lighter RH COIN
Arcus COIN-USD
QFEX COIN-USD
Vest COIN-USD-PERP
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Bitget COINUSDT
tradeXYZ xyz:COIN
BloFin COIN-USDT
SoDEX COIN-USD
Phoenix COIN
edgeX COINUSDC