# Novig vs Polymarket

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Canonical: https://novigapi.com/compare/novig-vs-polymarket
Facts checked: 2026-11-12

Novig is a sports-only CFTC exchange; Polymarket runs an international venue plus Polymarket US, a separate CFTC-designated exchange. Checked 12 Nov 2026, Polymarket US charges takers 0.095 x C x p x (1 - p) below $10,000 of monthly volume, while Novig charges 0.06 x P x (1 - P), only in-game on game markets. (Source: [Polymarket US docs: Fee Schedule](https://docs.polymarket.us/fees))

Polymarket is two venues. The international exchange settles in USDC and publishes fees by market category. Polymarket US is a separate CFTC-designated contract market, QCX LLC, with its own dollar fee schedule and volume tiers. Novig is one US venue that lists sports only. Compare Novig with the venue you can actually use.

## Fees

Fees per the platforms' own fee pages, checked 12 Nov 2026

| Fees (checked 12 Nov 2026) | Novig | Polymarket US | Polymarket international |
| --- | --- | --- | --- |
| Taker formula | 0.06 x P x (1 - P) per $1 of payout | Theta x C x p x (1 - p); Theta 0.095, 0.085, 0.075 or 0.0695 by trailing 30-day taker volume | C x feeRate x p x (1 - p); sports feeRate 0.05 |
| When it applies | Game markets: only while the event is live. NFL, NCAAF, NCAAB, NCAAWB, MLB, NBA, WNBA and NHL futures: always. Golf, tennis, UFC, F1 and NASCAR futures and series winners: never | Every taker fill | Every taker fill; geopolitics markets are fee-free |
| Maker side | No fee; credit of 25% of the taker fee on game markets, 50% on futures | Rebate only from $10,000,000 of maker volume | No fee; sports makers share a 15% rebate pool |
| $100 of payout at 50% | $1.50 if live; $0 pregame on game markets; $1.50 any time on major US league futures | About $2.38 at Tier 1; $1.74 at Tier 4 | $1.25 on sports |


The Polymarket US schedule took effect at 10 p.m. ET on 28 Oct 2026 and gives new accounts the 0.0695 coefficient for their first seven days. After that, a small account below $10,000 of monthly taker volume pays the highest coefficient on the page. Combos have separate rules that changed on 11 and 14 Nov 2026.

## Coverage

Coverage, checked 12 Nov 2026

| Coverage (checked 12 Nov 2026) | Novig | Polymarket |
| --- | --- | --- |
| Sports | Sports only: NFL, NCAAF, NCAAB, NCAAWB, MLB, NBA, WNBA, NHL, PGA, ATP, WTA, UFC, F1, NASCAR among the leagues its fee docs list | Sports plus crypto, finance, politics, economics, culture, weather, tech and more |
| Markets | Game lines, player props, futures, series winners; parlays priced through RFQ | Binary event contracts by category; combos |
| States and regions | All US states except Nevada, Arizona and Michigan, judged by physical location; 21+ | Polymarket US serves US users; the international venue's access rules are not covered here |
| Regulator | Ludlow Exchange, LLC (doing business as Novig), CFTC-designated contract market since 16 Jun 2026 | QCX LLC doing business as Polymarket US, CFTC-designated since 9 Jul 2025 |


## Data access

Data access, checked 12 Nov 2026

| Data access (checked 12 Nov 2026) | Novig | Polymarket |
| --- | --- | --- |
| Official API | Yes: signed trading API at docs.novig.com; needs an account, KYC and a location check in production | Yes: docs.polymarket.com for the international venue, docs.polymarket.us for the US exchange |
| Public data | Free daily CSVs at data.novig.com (trades and markets), no names, around 5 a.m. ET | Market details, including each market's fee parameters, are documented for programmatic reads |
| History | Trades from 3 Aug 2026, market snapshots from 4 Aug 2026, daily only | Not covered by the pages we read |
| What novigapi.com adds | No Novig account, player and team names joined, intraday line history, fair prices, line moves, MCP | Nothing: novigapi.com covers Novig only |


Polymarket's docs expose each market's fee schedule as data, which helps anyone modelling cost per trade. Novig does the same with a `fee` object on every market in its catalog. For Novig, the free CSVs give daily OHLC and open interest, and [novigapi.com](https://novigapi.com/novig-api) adds intraday history and names.

One more difference: Polymarket US sets your taker tier from the last 30 completed Eastern days of taker volume, recalculated daily, and counts volume as what you paid, not face value. Novig's coefficient does not depend on volume at all.

## Who should use which

- **US sports bettors with small volume**: Novig, on fees alone, especially pregame.
- **High-volume US traders**: compare Polymarket US Tier 4 at 0.0695 with Novig at 0.06; Novig is still lower in-game and free pregame on game markets.
- **Anyone who wants politics, crypto or culture markets**: Polymarket, since Novig lists sports only.
- **Builders**: Polymarket documents market data for both venues; Novig splits into a signed trading API and free daily files.

## Verdict

For US sports trading on the published schedules, Novig costs less than Polymarket US at every volume tier. Polymarket's strength is breadth and its large non-sports catalog. If you trade both, pull fair prices from each and compare with the [no-vig calculator](https://novigapi.com/no-vig-calculator) before you pay the spread.

## Questions

### Can you trust Polymarket?

Polymarket US is run by QCX LLC, which appears on the CFTC's designated contract market list with a designation date of 9 Jul 2025 (checked 12 Nov 2026). The international venue is a separate exchange with its own rules.

### What is Novig sports?

Novig is a sports-only exchange. Its API overview is headed Just Sports, and its fee docs list game lines, props and futures across leagues such as the NFL, NBA, MLB, NHL, college sports, golf, tennis, UFC, F1 and NASCAR (checked 12 Nov 2026).

### What else can you bet on besides sports?

Not on Novig, which lists sports only. Polymarket's fee table covers crypto, finance, politics, economics, culture, weather, tech, mentions and geopolitics as well as sports (checked 12 Nov 2026).

## Sources

- [Polymarket US docs: Fee Schedule](https://docs.polymarket.us/fees)
- [Polymarket docs: Fees](https://docs.polymarket.com/trading/fees.md)
- [Novig docs: Trading Fees](https://docs.novig.com/fees.md)
- [Novig docs: Trading fees (game and futures schedules)](https://docs.novig.com/api/concepts/fees.md)
- [Novig docs: API overview](https://docs.novig.com/index.md)
- [CFTC: Designated Contract Markets list](https://www.cftc.gov/IndustryOversight/IndustryFilings/TradingOrganizations?col=Status&dir=DESC&page=1)
- [Novig docs: Exchange Data](https://docs.novig.com/public-data/overview.md)

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