Before waiting for the POLY airdrop, first work out your trading costs.
Take Polymarket’s current Crypto category as an example: buy 100 contracts at 0.50 USDC, then sell them at the same price. If both trades are market orders, the gross fee is 1.75 USDC each time, or 3.50 USDC round trip.
The price doesn’t change, but your account still has less money. This example doesn’t even include the spread and slippage, and it also doesn’t deduct rebates; other markets have different fee rates, so it can’t be generalized.
The easiest thing to overlook is counting an airdrop you haven’t received yet as part of your own profits in advance. A little trading loss, a little fee paid, and you think it can all be made up later.
But before the reward arrives, this account is never settled.
Before participating, ask yourself one question: if you end up not getting the airdrop, is this trade still worth doing?
Take Polymarket’s current Crypto category as an example: buy 100 contracts at 0.50 USDC, then sell them at the same price. If both trades are market orders, the gross fee is 1.75 USDC each time, or 3.50 USDC round trip.
The price doesn’t change, but your account still has less money. This example doesn’t even include the spread and slippage, and it also doesn’t deduct rebates; other markets have different fee rates, so it can’t be generalized.
The easiest thing to overlook is counting an airdrop you haven’t received yet as part of your own profits in advance. A little trading loss, a little fee paid, and you think it can all be made up later.
But before the reward arrives, this account is never settled.
Before participating, ask yourself one question: if you end up not getting the airdrop, is this trade still worth doing?