Polymarket funding rates and fees
Polymarket lists 8 perpetual markets and settles funding hourly, at 0.020% taker / -0.005% maker. It publishes no 24-hour volume, so we cannot confirm that any of its books are deep enough to size into — none of its 8 pairs clear the $1.00M floor the ranking uses. The pairs are below anyway, marked as unverified rather than hidden.
Polymarket is a prediction market first — perpetuals are a 2026 addition to it, not its main business, and they sit in the same account as event contracts. Perps are collateralized in pUSD, an ERC-20 on Polygon backed by USDC, and trading is non-custodial: orders are signed messages that settle on-chain. Two things to know before using it as a leg: the listing set is short, and Polymarket's US entity is a separately regulated exchange with different rules from the global app, so which one you are on matters.
The pairs
Where Polymarket is worth trading — and against whom.
Every market here, matched against the venue that opens the widest funding gap against it. The axis draws both rates on one scale, and the lit bar between them is the spread — the money. Net APR is what that spread pays after both venues' taker fees, held a week.
No book we can vouch for. Polymarket publishes no 24-hour volume, so we cannot tell how deep these books are — and a spread on a book you can't size into is arithmetic, not a trade. Its 8 pairs are below, shown because the funding gap is real even when the depth is unverified.
The 8 pairs, thin books and all
| Market | Your side here | On Polymarket | -29% · 0 · +33% | Best counterparty | Net APR |
|---|---|---|---|---|---|
| SSOL | Short | +10.95% |  Hibachi-28.91% | +32.56%+39.86% gross · 31h to break evenbooks — · $633.55K | |
| WWTI | Short | +5.48% |  Nado-25.47% | +23.64%+30.94% gross · 40h to break evenbooks — · — | |
| XXAG | Long | +5.48% | Hibachi+33.29% | +20.51%+27.81% gross · 44h to break evenbooks — · $6.56K | |
| EETH | Short | +10.95% | Hibachi-14.02% | +17.67%+24.97% gross · 2.0d to break evenbooks — · $2.47M | |
| HHYPE | Long | +10.95% |  N1+28.91% | +12.22%+17.96% gross · 2.2d to break evenbooks — · $199.95K |
Show the 3 other thin pairs
| Market | Your side here | On Polymarket | -29% · 0 · +33% | Best counterparty | Net APR |
|---|---|---|---|---|---|
| SSPX | Short | +5.48% |  Orderly-11.07% | +9.25%+16.55% gross · 3.1d to break evenbooks — · $671 | |
| XXAU | Long | +5.48% | Orderly+10.95% | -1.82%+5.48% gross · 9.3d to break evenbooks — · $443.34K | |
| BBTC | Short | +10.95% |  Kalshi+0.00% | -3.65%+10.95% gross · 9.3d to break evenbooks — · $208.11M |
A pair counts as tradable when both legs did more than $1.00Mof volume in the last 24 hours: a wide spread across two thin books is arithmetic, not a trade. Rates are annualized and 8h-normalized, so an hourly venue and an 8-hour one are directly comparable. Net APR can be negative — the fees have eaten the spread — and those pairs are shown greyed rather than hidden, because “not worth it” is an answer. Funding is a floating rate: it can flip before it has paid you back.
The book
Every market on Polymarket
All 8 perpetuals Polymarket quotes, with the funding rate each one is paying right now. Polymarket reports no volume for any of them, so that column is empty rather than zero.
| BBTC | $64,490 | +10.95% | 1h | — | $4.30M |
| EETH | $1,865 | +10.95% | 1h | — | $4.36M |
| HHYPE | $65.50 | +10.95% | 1h | — | $157.74K |
| SSOL | $77.09 | +10.95% | 1h | — | $184.57K |
| SSPX | $7,560.6 | +5.48% | 1h | — | $6.01M |
| WWTI | $79.49 | +5.48% | 1h | — | $607.48K |
| XXAG | $58.64 | +5.48% | 1h | — | $671.88K |
| XXAU | $4,037.2 | +5.48% | 1h | — | $867.63K |
The evidence
How much size Polymarket can absorb
Volume says how much trades here; open interest says how much is actually held. Neither is the reason to put a leg on this venue — the pairs above are — but both decide whether the leg you want will fill.
Each point is the rolling 24-hour figure as of that hour.
FAQ
Polymarket, answered
What is the funding rate on Polymarket?
There is no single rate — every market has its own, and it moves every funding period. Across all 8 perpetual markets on Polymarket right now, the average annualized funding is +8.22%, which means the venue as a whole is currently charging longs to hold. Ignoring the direction, the average market pays or charges 8.22% annualized, and that is roughly what being on the right side of it is worth. The live rate for every individual market is in the table on this page.
How often does Polymarket pay funding?
Polymarket settles funding hourly. The interval matters more than it looks: a rate quoted per hour and a rate quoted per eight hours are not comparable until they are put on the same basis, so every figure on this site is normalized to an 8-hour basis before it is compared or ranked.
What are Polymarket's trading fees?
Polymarket charges 0.020% to take liquidity and -0.005% to make it — a negative maker fee, meaning the venue pays you a rebate to post the order. These are the fees used in every net-APR figure on this page: a funding trade pays the taker fee four times (in and out of both legs), which is exactly why a wide spread held briefly can still lose money.
How many markets does Polymarket list?
We collect 8 perpetual markets from Polymarket. Polymarket publishes no 24-hour volume for any of them, so its volume column is blank on this site rather than zero — we do not print a number we were not given. Every one is listed with its mark price, funding rate and funding interval in the book on this page.
Is Polymarket good for funding arbitrage?
We can't say, and we would rather say so. Polymarket publishes no 24-hour volume, so there is no way for us to confirm that its books are deep enough to open a leg on without slippage — and a funding spread on a book you cannot size into is arithmetic, not a trade. The funding gaps themselves are real and they are listed on this page, marked as unverified.