Funding you earn now, next payment 07:00 UTC+0.0490%/8h= +53.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.154%
Price spread now: Polymarket Perps against Injective−0.148%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.920%+$92 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Polymarket Perps is 0.148% cheaper against Injective than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 24 hours of funding at the current rate (+$15 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective COIN/USDC PERP | 195.66 | −0.0440 | get 0.0055% / 1h | 41m 37s | $43K | $48K | 30x |
| Short | Polymarket Perps COIN-USD | 195.37 | 0.0050 | get 0.0006% / 1h | 41m 37s | $129K | $1.4M | 10x |
Injective COIN/USDC PERP
Polymarket Perps COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. 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
- $102.9
- Price spread: −0.148% → 0.000%
- −$14.82
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $80.06
- Costs to cover
- 0.080%
- Break-even
- 1.6 days
Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 7 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 Injective no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 7 min ago | 2.05 bp | 6.5 bp −$7 | 7.2 bp −$72 | 9.3 bp −$930 | doesn't fit |
Injective: 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0685% | 8h | 195.65 | −0.005% | $6.3M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERPlong | −0.0440% | 1h | 195.66 | long leg | $43K | $48K | 30x | |
| Vest COIN-USD-PERP | −0.0100% | 1h | 194.87 | −0.404% | — | $289K | 25x | as long as short |
| Gate COIN_USDT | −0.0017% | 8h | 195.51 | −0.077% | $1.2M | $7.4M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.49 | −0.087% | $341K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.48 | −0.091% | $112K | $832K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.51 | −0.078% | $15.0M | $82.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.50 | −0.082% | $4.7M | $6.3M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.46 | −0.102% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.40 | −0.132% | $709K | $959K | — | as long as short |
Bitget COINUSDT
Vest COIN-USD-PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.55 | −0.056% | $16K | $2.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.37 | −0.148% | $460K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.66 | 0.000% | $15K | $54K | 5x | as long as short |
| QFEX COIN-USD | +0.0045% | 1h | 195.54 | −0.061% | $1.3M | $3.0M | 10x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 195.37 | −0.148% | $129K | $1.4M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 195.44 | −0.112% | $80 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.22 | −0.225% | $447K | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.31 | −0.179% | $984K | $137K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.49 | −0.087% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.44 | −0.112% | $565 | $4K | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0101% | 1h | 195.41 | −0.128% | $15.2M | $13.9M | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.47 | −0.095% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.69 | +0.015% | $188K | $423K | 20x | as long as short |
| Lighter COIN | +0.0152% | 1h | 195.37 | −0.149% | $362K | $2.3M | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.36 | −0.153% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0872% | 4h | 195.49 | −0.087% | $50K | $296K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
Arcus COIN-USD
QFEX COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
tradeXYZ xyz:COIN
Aevo COIN-PERP
BloFin COIN-USDT
Lighter COIN
Phoenix COIN
edgeX COINUSDC