Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.012%
Price spread now: ApeX Omni against Polymarket Perps+0.192%63s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.192%, 7d avg −0.001%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.193% dearer against Polymarket Perps than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 63 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 | Polymarket Perps COIN-USD | 198.10 | 0.0050 | pay 0.0006% / 1h | 44m 25s | $136K | $1.2M | 10x |
| Short | ApeX Omni COINUSDT | 198.48 | 0.0100 | get 0.0013% / 1h | 44m 25s | $89K | $272K | 50x |
Polymarket Perps COIN-USD
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $10.5
- Price spread: +0.192% → −0.001%
- $19.28
- Slippage, 4 orders
- −$9.68
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $2.1
- Costs to cover
- 0.277%
- Break-even
- 5.6 days
Slippage from Polymarket Perps: live order book, 2 min ago; ApeX Omni: live order book, 66 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 Polymarket Perps live order book, 2 min ago | 1.51 bp | 6.5 bp −$6 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 66 min ago | 2.78 bp | 7.8 bp −$8 | 12.2 bp −$122 | doesn't fit | doesn't fit |
COIN on 26 exchanges
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 | 198.16 | +0.030% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.31 | +0.108% | $345K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.26 | +0.078% | $106K | $854K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.29 | +0.096% | $14.6M | $75.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.26 | +0.081% | $4.7M | $5.5M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.28 | +0.091% | $3.1M | $4.4M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.38 | +0.141% | $1.2M | $6.4M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.38 | +0.141% | $6.4M | $9.5M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.40 | +0.151% | $785K | $935K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.60 | +0.253% | $15K | $3.2M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 198.25 | +0.076% | $1.3M | $2.5M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 198.20 | +0.049% | $345K | $1.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.22 | +0.061% | $481K | $1.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.50 | +0.202% | $20K | $31K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 198.12 | +0.010% | — | $275K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.17 | +0.035% | $14.7M | $11.6M | 10x | as long as short |
| Polymarket Perps COIN-USDlong | +0.0050% | 1h | 198.10 | long leg | $136K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 198.23 | +0.066% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 198.10 | 0.000% | $330K | $2.1M | 10x | as long as short |
| Phoenix COIN | +0.0081% | 1h | 198.31 | +0.106% | $5K | $256K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.27 | +0.086% | $935K | $247K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 198.48 | +0.192% | $89K | $272K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.38 | +0.141% | $574 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.16 | +0.028% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.32 | +0.111% | $194K | $481K | 20x | as long as short |
| edgeX COINUSDC | +0.0491% | 4h | 198.61 | +0.258% | $51K | $295K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
edgeX COINUSDC