Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h +0.005%
Price spread now: Coinbase International against Polymarket Perps+0.035%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.267% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.035%, 7d avg +0.019%
=The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps AAPL-USD | 339.80 | 0.0050 | pay 0.0006% / 1h | 50m 00s | $279K | $400K | 10x |
| Short | Coinbase International AAPL-PERP-INTX | 339.92 | 0.0024 | get 0.0003% / 1h | 50m 00s | $663K | $658K | 10x |
Polymarket Perps AAPL-USD
Coinbase International AAPL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Polymarket Perps. 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
- −$5.46
- Price spread: +0.035% → +0.019%
- $1.58
- Slippage, 4 orders
- −$8.66
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$30.53
- Costs to cover
- 0.267%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 47 min ago; Coinbase International: live order book, 48 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 Polymarket Perps live order book, 47 min ago | 0.74 bp | 5.3 bp −$5 | 5.3 bp −$53 | 7.6 bp −$764 | doesn't fit |
| Sell Coinbase International live order book, 48 min ago | 2.50 bp | 8.4 bp −$8 | 10.9 bp −$109 | doesn't fit | 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 | −0.0110% | 4h | 340.11 | +0.093% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0024% | 1h | 339.88 | +0.025% | $556K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.86 | +0.016% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.92 | +0.034% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 340.00 | +0.058% | $22.2M | $67.3M | 25x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 340.04 | +0.071% | $6.3M | $6.9M | 25x | as long as short |
| Hotstuff AAPL-PERP | 0.0000% | 1h | 339.99 | +0.056% | $36K | — | 20x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.89 | +0.026% | $3.0M | $5.6M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 340.00 | +0.059% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 340.04 | +0.069% | $2.5M | $1.2M | — | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
OKX AAPL-USDT-SWAP
Hotstuff AAPL-PERP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 340.12 | +0.096% | $13K | $349K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 340.02 | +0.065% | $677 | $4.4M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.83 | +0.009% | $28K | $69K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.11 | +0.091% | $62K | $244K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 340.07 | +0.079% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0001% | 8h | 340.04 | +0.071% | $345K | $167K | 20x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 339.90 | +0.029% | $3.2M | $4.2M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTXshort | +0.0024% | 1h | 339.92 | +0.035% | $663K | $658K | 10x | |
| Lighter AAPL | +0.0032% | 1h | 339.92 | +0.036% | $932K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.90 | +0.029% | $956K | $3.2M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.94 | +0.041% | $267K | $59K | 20x | as long as short |
| Bybit AAPLUSDT | +0.0042% | 8h | 340.12 | +0.094% | $6.4M | $179.5M | 100x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.75 | −0.015% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USDlong | +0.0050% | 1h | 339.80 | long leg | $279K | $400K | 10x | |
| SoDEX AAPL-USD | +0.0050% | 1h | 340.02 | +0.065% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.87 | +0.021% | $1.3M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0091% | 1h | 339.96 | +0.047% | $40.4M | $76.5M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.86 | +0.018% | $1.4M | $63K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.94 | +0.041% | $950K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.91 | +0.032% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.90 | +0.030% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 340.13 | +0.097% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.55 | +0.221% | $192K | $44K | 30x | as long as short |
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
Bybit AAPLUSDT
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
Phoenix AAPL
Injective AAPL/USDC PERP