COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.007%

Price spread now: Arcus against Polymarket Perps+0.189%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Arcus is 0.189% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.189% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps COIN-USD	195.29	0.0050	pay 0.0006% / 1h	37m 24s	$134K	$1.4M	10x
Short	Arcus COIN-USD	195.66	0.0040	get 0.0005% / 1h	37m 24s	$17K	$57K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee ArcusbpOrdersPrice spread, now +0.189%Rate

Funding earned: −$2.04
Price spread: +0.189% → 0.000%: $18.95
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $4.4
Costs to cover: 0.125%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 26 min ago; Arcus: no order-book sample. 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 live order book, 26 min ago	2.05 bp	6.2 bp −$6	6.5 bp −$65	8.2 bp −$824	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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
Injective COIN/USDC PERP	−0.0440%	1h	194.87	−0.215%	$43K	$40K	30x	as long as short
Bitget COINUSDT	−0.0136%	8h	195.54	+0.128%	$6.3M	$10.3M	20x	as long as short
Vest COIN-USD-PERP	−0.0060%	1h	194.92	−0.189%	—	$324K	25x	as long as short
Aster COINUSDT	0.0000%	8h	195.54	+0.129%	$341K	$890K	20x	as long as short
Bybit COINUSDT	0.0000%	8h	195.46	+0.087%	$4.7M	$6.1M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	195.42	+0.067%	$3.0M	$4.7M	20x	as long as short
Gate COIN_USDT	0.0000%	8h	195.47	+0.092%	$1.2M	$6.8M	50x	as long as short
Variational Omni COIN	0.0000%	8h	195.44	+0.078%	$659K	$1.0M	—	as long as short
GRVT COIN_USDT_Perp	0.0000%	8h	195.57	+0.143%	$19K	$3.0M	10x	as long as short
Lighter COIN	+0.0032%	1h	195.39	+0.049%	$360K	$2.0M	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH COIN	+0.0032%	1h	195.37	+0.041%	$467K	$1.3M	10x	as long as short
Binance COINUSDT	+0.0038%	8h	195.43	+0.072%	$14.8M	$81.6M	20x	as long as short
Extended COIN_24_5-USD	+0.0040%	1h	195.39	+0.052%	$104K	$861K	10x	as long as short
Arcus COIN-USDshort	+0.0040%	1h	195.66	+0.189%	$17K	$57K	5x
QFEX COIN-USD	+0.0047%	1h	195.38	+0.046%	$1.3M	$2.8M	10x	as long as short
tradeXYZ xyz:COIN	+0.0050%	1h	195.31	+0.010%	$15.1M	$12.7M	10x	as long as short
Polymarket Perps COIN-USDlong	+0.0050%	1h	195.29	long leg	$134K	$1.4M	10x
SoDEX COIN-USD	+0.0050%	1h	195.40	+0.056%	$79	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	195.25	−0.020%	$430K	$2.5M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	195.37	+0.041%	$984K	$181K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	195.45	+0.082%	$88K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	195.40	+0.056%	$565	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	195.37	+0.040%	$115	—	10x	as long as short
BloFin COIN-USDT	+0.0154%	8h	195.54	+0.128%	$187K	$474K	20x	as long as short
Phoenix COIN	+0.0164%	1h	195.41	+0.061%	$4K	$283K	10x	as long as short
edgeX COINUSDC	+0.0462%	4h	195.55	+0.132%	$50K	$294K	10x	as long as short