Funding you earn now, next payment 02:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Coinbase International−0.044%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.044%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.023% cheaper against Coinbase International than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AAPL-PERP-INTX | 338.78 | 0.0048 | pay 0.0006% / 1h | 37m 06s | $659K | $673K | 10x |
| Short | Polymarket Perps AAPL-USD | 338.63 | 0.0050 | get 0.0006% / 1h | 37m 06s | $261K | $370K | 10x |
Coinbase International AAPL-PERP-INTX
Polymarket Perps AAPL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.42
- Price spread: −0.044% → −0.021%
- −$2.31
- Slippage, 4 orders
- −$10.73
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$30.62
- Costs to cover
- 0.287%
- Break-even
- 517.4 days
Slippage from Coinbase International: live order book, 26 min ago; Polymarket Perps: live order book, 25 min ago.
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 Coinbase International live order book, 26 min ago | 2.06 bp | 7.7 bp −$8 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 25 min ago | 1.48 bp | 7.2 bp −$7 | 7.5 bp −$75 | 9.4 bp −$945 | doesn't fit |
AAPL on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0109% | 4h | 338.77 | −0.004% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0058% | 1h | 338.82 | +0.012% | $554K | $38K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0016% | 1h | 338.87 | +0.027% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.94 | +0.048% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.82 | +0.011% | $285K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.92 | +0.041% | $22.3M | $67.0M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.95 | +0.050% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.95 | +0.050% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.69 | −0.027% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.03 | +0.074% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Hotstuff AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 338.83 | +0.016% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.89 | +0.032% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.91 | +0.038% | $454 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.76 | −0.006% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.05 | +0.080% | $52K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.90 | +0.035% | $2.1M | $6K | 10x | as long as short |
| BloFin AAPL-USDT | 0.0000% | 8h | 338.86 | +0.024% | $343K | $169K | 20x | as long as short |
| QFEX AAPL-USD | +0.0013% | 1h | 338.79 | +0.003% | $3.2M | $4.8M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.77 | −0.002% | $757K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.81 | +0.009% | $951K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.76 | −0.006% | $269K | $69K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.66 | −0.035% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTXlong | +0.0048% | 1h | 338.78 | long leg | $659K | $673K | 10x | |
| Polymarket Perps AAPL-USDshort | +0.0050% | 1h | 338.63 | −0.044% | $261K | $370K | 10x | |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.85 | +0.021% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.58 | −0.059% | $1.3M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0052% | 1h | 338.82 | +0.012% | $40.7M | $75.8M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.83 | +0.015% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.67 | −0.032% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.78 | 0.000% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.79 | +0.003% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.58 | −0.059% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 338.95 | +0.050% | $5K | $11K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL