Polymarket Perps

invite only

Polygon (custody and settlement); off-chain matching · Perpetual DEX funding rates, fees and arbitrage pairs on Polymarket Perps.

Visit Polymarket Perps

Plain link — no referral.

Fees (taker / maker)
4 / 1.25 bps
Funding interval
every 1h
Markets tracked
88
Points program
None · LP/OI rewards

Key facts

Status
invite only
Type
Decentralized exchange (DEX)
Chain
Polygon (custody and settlement); off-chain matching
Fees (taker / maker)
4 / 1.25 bps
Base tier per the docs on 10 Oct 2026; makers get −0.5 bp from $1B of volume. The launch rate was 2.0 / −0.5 bps; pair calculations use the current 4.0 / 1.25.
Funding interval
every 1h
Points program
No points program. Instead: daily liquidity rewards per market and OI rewards (6% APR on average gross open interest for accounts whose rewards entity holds at least $1M), per the API description in July 2026.
Markets tracked
88
Restricted regions
United States, Canada, Cuba, Iran, North Korea, Syria
Orders cannot be placed from these countries or from Crimea, Donetsk and Luhansk (official FAQ).

Notes

Invite only: opening Perps needs a referral link or code (docs, July 2026). About ten instruments. Because most visitors cannot trade it, it is left out of the default venue selection; tick it in the venue filter to include its pairs.

Top pairs with Polymarket Perps

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
JUPlong Polymarket, short ExtendedPolymarketExtended92.0%73.3%47.7%27.4%44.3%66.5%1.0dsteady$181kinvite onlyPmExcalc
JUPlong Polymarket, short VariationalPolymarketVariational91.6%71.5%45.3%14.9%43.2%64.9%0.6dsteady$181k1h/4hinvite onlyspread not incl.PmVacalc
JUPlong Polymarket, short BitgetPolymarketBitgetCEX91.6%72.8%46.7%16.6%41.5%62.3%1.6dsteady$181k1h/4hinvite onlyPmBgcalc
JUPlong Polymarket, short NadoPolymarketNado83.2%71.3%43.4%14.8%39.5%59.2%1.3dsteady$181kinvite onlyPmNacalc
JUPlong Polymarket, short BybitPolymarketBybitCEX91.6%71.0%43.5%12.5%38.6%57.8%1.6dsteady$181k1h/4hinvite onlyPmBycalc
JUPlong Polymarket, short HyperliquidPolymarketHyperliquid91.6%72.8%42.8%16.9%38.3%57.5%1.5dsteady$181kinvite onlyPmHycalc
JUPlong Polymarket, short LighterPolymarketLighter84.1%61.2%39.1%15.2%37.1%55.6%0.7dsteady$181kinvite onlyPmLicalc
ARBlong Polymarket, short AsterPolymarketAster40.6%37.2%41.0%25.2%36.8%55.2%1.4dsteady$100k1h/8hinvite onlyPmAscalc
JUPlong Polymarket, short GRVTPolymarketGRVT87.4%70.6%41.0%15.7%36.6%54.8%1.5dsteady$181k1h/4hinvite onlyPmGrcalc
JUPlong Polymarket, short MEXCPolymarketMEXCCEX71.0%66.9%38.8%11.7%35.7%53.5%1.1dsteady$181k1h/4hinvite onlyPmMxcalc
JUPlong Polymarket, short BinancePolymarketBinanceCEX70.4%65.9%38.8%12.8%34.1%51.2%1.7dsteady$181k1h/4hinvite onlyPmBncalc
JUPlong Polymarket, short GatePolymarketGateCEX84.8%63.3%40.1%11.6%34.1%51.2%2.1dsteady$181k1h/4hinvite onlyPmGtcalc
ARBlong Polymarket, short GRVTPolymarketGRVT33.4%36.1%37.5%22.1%33.1%49.7%1.7dsteady$100k1h/8hinvite onlyPmGrcalc
ARBlong Polymarket, short RISExPolymarketRISEx49.7%66.9%35.2%28.3%31.5%47.3%1.5dsteady$100kinvite onlyPmRxcalc
ARBlong Polymarket, short BitgetPolymarketBitgetCEX40.6%37.2%34.1%21.3%28.9%43.4%2.1dsteady$100k1h/8hinvite onlyPmBgcalc
ARBlong Polymarket, short VariationalPolymarketVariational24.2%24.5%30.0%16.7%27.9%41.9%1.0dsteady$100k1h/8hinvite onlyspread not incl.PmVacalc
DOGElong Polymarket, short VariationalPolymarketVariational48.1%52.9%29.7%14.1%27.6%41.4%1.0dsteady$194k1h/8hinvite onlyspread not incl.PmVacalc
DOGElong Polymarket, short RISExPolymarketRISEx46.9%49.6%30.9%29.4%27.2%40.9%1.7dsteady$194kinvite onlyPmRxcalc
ARBlong Polymarket, short HyperliquidPolymarketHyperliquid40.6%37.1%31.4%25.1%27.0%40.5%2.0dsteady$100kinvite onlyPmHycalc
DOGElong Polymarket, short ExtendedPolymarketExtended48.5%53.2%30.3%14.3%26.9%40.3%1.6dsteady$194kinvite onlyPmExcalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Markets on Polymarket Perps

Flags
BRENTOILBRENTOIL-USD−143%−43.8%−82.3%−20.5%−88.7%28%1h$1.8M$338kTradFi
ETHFIETHFI-USD−115%−95.5%−32.9%−22.1%−22.4%36%1h$84k$31k
CBRSCBRS-USD88.6%25.0%37.0%8.6%39.0%99%1h$162k$11kTradFi
ZMZM-USD−84.7%8.0%4.8%17.1%4.2%73%1h$46k$11.3MTradFi
JUPJUP-USD−80.6%−61.9%−36.3%−6.4%−32.0%20%1h$181k$75k
UNITREEUNITREE-USD77.5%23.9%−8.4%−12.2%−13.8%60%1h$6k$11kTradFi
KAITOKAITO-USD−63.9%−53.6%−32.0%−11.0%−28.4%42%1h$10k$144k
VIRTUALVIRTUAL-USD−57.0%−13.9%6.7%−8.1%10.1%88%1h$129k$28k
SKHYNIXSKHYNIX-USD56.6%52.9%33.1%23.5%29.8%89%1h$371k$122kTradFi
AAVEAAVE-USD−56.0%−50.1%−6.9%6.3%0.3%51%1h$202k$3.5M
MORPHOMORPHO-USD−39.0%−33.3%−11.8%−2.5%−8.2%40%1h$65k$199k
DOGEDOGE-USD−37.1%−41.9%−19.3%−3.5%−15.6%38%1h$194k$117k
CRWVCRWV-USD36.5%19.3%12.4%7.9%11.3%98%1h$47k$198kTradFi
NBISNBIS-USD36.4%36.6%18.8%8.1%15.8%99%1h$259k$607kTradFi
XPLXPL-USD−32.6%−19.4%−10.2%3.6%−8.6%52%1h$49k$171k
BABABABA-USD31.9%15.4%9.4%10.9%8.4%99%1h$57k$527TradFi
ENAENA-USD−31.0%−13.7%3.9%4.0%6.9%74%1h$162k$116k
XRPXRP-USD−31.0%−25.6%−6.9%5.3%−3.8%41%1h$557k$53k
SHIBKSHIB-USD−30.1%−21.2%−1.5%2.6%1.7%64%1h$77k$15k
ARBARB-USD−29.7%−26.2%−30.1%−14.3%−30.7%23%1h$100k$3.7M
NVDANVDA-USD24.7%21.5%14.9%8.2%13.8%100%1h$822k$295kTradFi
ADAADA-USD−24.6%−28.8%−6.8%2.1%−3.1%45%1h$91k$42k
ASMLASML-USD24.0%22.2%10.8%8.0%8.9%100%1h$42k$105kTradFi
FARTCOINFARTCOIN-USD−18.5%−15.6%8.2%9.9%12.2%89%1h$405k$721k
AMZNAMZN-USD16.8%10.2%6.2%6.2%5.5%100%1h$353k$108kTradFi
METAMETA-USD15.8%12.0%7.1%6.9%6.3%100%1h$569k$20kTradFi
VVVVVV-USD−15.8%1.5%11.2%10.0%12.8%90%1h$17k$237k
WLDWLD-USD−15.3%7.7%10.1%7.5%10.5%98%1h$99k$181k
DRAMDRAM-USD12.4%16.4%9.1%6.3%7.9%100%1h$318k$145kTradFi
ARMARM-USD11.3%8.8%6.3%5.2%5.9%99%1h$238k$75kTradFi
TSMTSM-USD11.1%7.4%5.7%5.2%5.5%100%1h$143k$8kTradFi
AVAXAVAX-USD10.9%10.0%8.8%8.2%8.6%92%1h$117k$167k
CASHCATCASHCAT-USD10.9%11.6%9.4%34.5%9.1%96%1h$59k$338k
ETHETH-USD10.9%10.9%10.8%10.5%10.7%100%1h$11.3M$1.8M
HYPEHYPE-USD10.9%10.9%10.8%9.1%10.8%99%1h$271k$194k
LDOLDO-USD10.9%10.5%10.5%1.8%10.5%99%1h$57k$130k
NEARNEAR-USD10.9%10.9%10.8%9.7%10.8%99%1h$129k$1.9M
ONDOONDO-USD10.9%10.9%10.9%10.7%10.9%100%1h$130k$116k
PEPEKPEPE-USD10.9%−3.8%14.6%11.5%17.7%98%1h$161k$1.5M
PONSPONS-USD10.9%10.9%13.4%28.9%13.8%100%1h$56k$159k
PUMPPUMP-USD10.9%7.9%10.0%8.5%10.4%97%1h$195k$1.2M
SOLSOL-USD10.9%10.1%6.0%6.1%5.3%83%1h$822k$660k
SUISUI-USD10.9%−2.4%9.0%9.4%10.9%96%1h$56k$1.2M
TAOTAO-USD10.9%10.9%10.7%7.9%10.7%99%1h$120k$101k
UNIUNI-USD10.9%10.8%10.8%9.7%10.8%100%1h$101k$175k
USELESSUSELESS-USD10.9%10.9%12.9%16.9%13.3%100%1h$57k$244k
XMRXMR-USD10.9%−62.3%−9.1%19.5%−0.3%70%1h$44k$362k
ZROZRO-USD10.9%11.1%11.0%6.9%10.9%100%1h$171k$712k
RKLBRKLB-USD10.7%11.4%7.1%8.6%6.4%100%1h$325k$55kTradFi
LTCLTC-USD9.9%−10.3%−11.4%0.2%−11.5%49%1h$50k$46k
SNDKSNDK-USD5.6%19.1%9.0%4.5%7.3%99%1h$223k$86kTradFi
AAPLAAPL-USD5.5%5.5%5.7%5.4%5.7%100%1h$722k$18kTradFi
AMDAMD-USD5.5%10.0%5.7%5.5%5.0%99%1h$334k$4kTradFi
AVGOAVGO-USD5.5%4.5%5.3%5.4%5.4%98%1h$642k$319kTradFi
COINCOIN-USD5.5%4.1%6.1%5.1%6.4%96%1h$104k$27kTradFi
CRCLCRCL-USD5.5%7.9%13.3%12.1%14.2%95%1h$260k$24kTradFi
CXMTCXMT-USD5.5%19.6%−8.0%−19.8%−12.6%38%1h$11k$237kTradFi
DELLDELL-USD5.5%32.9%12.7%2.9%9.4%93%1h$5k$14kTradFi
EWYEWY-USD5.5%6.3%9.8%6.8%10.4%100%1h$26k$29kTradFi
GOLDGOLD-USD5.5%4.9%6.5%12.7%6.8%99%1h$7.8M$476kTradFi
GOOGGOOG-USD5.5%5.5%5.9%5.7%6.0%100%1h$666k$25k
HOODHOOD-USD5.5%6.7%6.0%1.8%5.9%99%1h$238k$78kTradFi
INTCINTC-USD5.5%13.6%7.2%5.7%6.1%99%1h$230k$6kTradFi
LITELITE-USD5.5%3.8%1.3%6.0%0.9%88%1h$218k$232kTradFi
MRVLMRVL-USD5.5%5.6%5.2%11.6%5.1%94%1h$69k$656TradFi
MSFTMSFT-USD5.5%5.5%5.5%6.0%5.5%100%1h$350k$3kTradFi
MSTRMSTR-USD5.5%11.5%7.0%8.9%6.3%96%1h$425k$65kTradFi
MUMU-USD5.5%9.6%6.1%5.7%5.5%100%1h$328k$273kTradFi
NAS100NAS100-USD5.5%5.5%3.0%4.8%2.6%82%1h$15.5M$175kTradFi
NCLDNCLD-USD5.5%5.5%4.0%10.2%3.7%86%1h$17k$35kTradFi
ORCLORCL-USD5.5%9.2%6.0%7.4%5.5%100%1h$173k$25kTradFi
QCOMQCOM-USD5.5%6.5%7.9%6.6%8.2%100%1h$106k$696TradFi
SAMSUNGSAMSUNG-USD5.5%5.8%−9.2%8.9%−11.7%68%1h$159k$95kTradFi
SILVERSILVER-USD5.5%6.1%5.9%6.3%5.9%100%1h$5.4M$586kTradFi
SKHYSKHY-USD5.5%5.3%3.9%−1.6%3.6%86%1h$327k$121kTradFi
SOXLSOXL-USD5.5%17.2%6.2%6.9%4.3%92%1h$28k$284kTradFi
SP500SP500-USD5.5%5.5%5.4%5.0%5.4%100%1h$25.7M$619kTradFi
SPCXSPCX-USD5.5%5.5%5.6%6.8%5.7%100%1h$442k$51kTradFi
STRCSTRC-USD5.5%6.5%−0.8%−0.5%−2.1%73%1h$79k$2kTradFi
TSLATSLA-USD5.5%7.1%5.7%5.7%5.5%100%1h$322k$25kTradFi
WTIOILWTIOIL-USD5.5%3.4%−10.3%−3.4%−12.6%58%1h$1.8M$1.1MTradFi
ZECZEC-USD5.4%9.0%10.3%5.7%10.6%99%1h$742k$479k
BNBBNB-USD4.5%5.9%8.3%9.7%8.7%92%1h$86k$16k
PLTRPLTR-USD4.0%2.6%−4.5%−0.6%−5.7%55%1h$234k$6kTradFi
LITLIT-USD−2.5%8.3%10.6%1.2%10.9%98%1h$169k$506k
LINKLINK-USD−2.3%−19.6%−6.4%−6.5%−4.2%49%1h$148k$4k
PENDLEPENDLE-USD−1.5%3.9%−1.4%5.8%−2.3%66%1h$20k$16k
BTCBTC-USD1.0%1.5%4.0%6.6%4.4%80%1h$12.2M$2.2M

Sources