Funding you earn now, next payment 00:00 UTC+0.0912%/8h= +99.9% APRnext payment +$1.14 per $10,000 · paid last 24h −0.012%
Price spread now: Polymarket Perps against Coinbase International−0.048%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 3 days (all we have)−0.011%−$1 · spread now −0.048%, 7d avg +0.071%
=Funding pays, the price is against you. Polymarket Perps is 0.119% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.071%). If the spread goes back, that is −$12 on $10k: about 10 hours of funding at the current rate (+$27 a day). Mind the row above: over the last 7 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.163% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International INTC-PERP-INTX | 124.24 | 0.0016 | pay 0.0002% / 1h | 55m 59s | $264K | $1.2M | 10x |
| Short | Polymarket Perps INTC-USD | 124.18 | 0.0928 | get 0.0116% / 1h | 55m 59s | $214K | $466K | 10x |
Coinbase International INTC-PERP-INTX
Polymarket Perps INTC-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
- $191.54
- Price spread: −0.048% → +0.071%
- −$11.9
- Slippage, 4 orders
- −$17.88
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $143.76
- Costs to cover
- 0.359%
- Break-even
- 1.7 days
Slippage from Coinbase International: live order book, 2 min ago; Polymarket Perps: live order book, 17 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, 2 min ago | 4.84 bp | 11.1 bp −$11 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 17 min ago | 1.21 bp | 6.5 bp −$7 | 8.6 bp −$86 | doesn't fit | doesn't fit |
INTC 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado INTC-PERP | −0.0040% | 1h | 124.27 | +0.021% | $171K | $238K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 124.12 | −0.097% | $310K | $515K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 124.28 | +0.032% | $13.4M | $28.7M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 124.22 | −0.016% | $8.7M | $30.3M | 75x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 124.25 | +0.008% | $1.7M | $51K | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0015% | 8h | 124.24 | 0.000% | $18.8M | $69.3M | 25x | as long as short |
| Coinbase International INTC-PERP-INTXlong | +0.0016% | 1h | 124.24 | long leg | $264K | $1.2M | 10x | |
| GRVT INTC_USDT_Perp | +0.0019% | 8h | 123.93 | −0.247% | $929K | $1.4M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −2.334% | $213 | $22K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0036% | 1h | 123.92 | −0.260% | $2K | $53K | 10x | as long as short |
Nado INTC-PERP
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Phemex INTCUSDT
OKX INTC-USDT-SWAP
GRVT INTC_USDT_Perp
Injective INTC/USDC PERP
Aftermath Perps INTCUSDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH INTC | +0.0040% | 1h | 124.28 | +0.032% | $616K | $2.8M | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 124.48 | +0.193% | — | $1.5M | 25x | as long as short |
| QFEX INTC-USD | +0.0050% | 1h | 124.44 | +0.161% | $1.9M | $15.2M | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 124.29 | +0.040% | $1.3M | $2.3M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0072% | 1h | 124.21 | −0.024% | $21K | $120K | 10x | as long as short |
| Variational Omni INTC | +0.0082% | 8h | 124.47 | +0.184% | $2.2M | $2.5M | — | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 123.81 | −0.346% | $46K | $258K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 124.20 | −0.032% | $5K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0105% | 8h | 124.41 | +0.134% | — | — | 5x | as long as short |
| Aevo INTC-PERP | +0.0112% | 1h | 124.14 | −0.082% | $50K | — | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0136% | 1h | 124.25 | +0.010% | $354K | $1.1M | 10x | as long as short |
| Binance INTCUSDT | +0.0137% | 8h | 124.26 | +0.013% | $72.5M | $406.1M | 25x | as long as short |
| KuCoin INTCUSDTM | +0.0245% | 8h | 124.14 | −0.080% | $1.2M | $57K | 20x | as long as short |
| BloFin INTC-USDT | +0.0252% | 8h | 124.43 | +0.153% | $919K | $318K | 25x | as long as short |
| Bitget INTCUSDT | +0.0267% | 8h | 124.30 | +0.048% | $25.6M | $33.6M | 50x | as long as short |
| Arcus INTC-USD | +0.0296% | 1h | 124.11 | −0.105% | $95K | $307K | 10x | as long as short |
| Lighter INTC | +0.0296% | 1h | 124.29 | +0.043% | $1.5M | $1.7M | 10x | as long as short |
| Phoenix INTC | +0.0325% | 1h | 123.77 | −0.378% | $48K | $256K | 10x | as long as short |
| RISEx INTC/USDC | +0.0427% | 1h | 124.42 | +0.144% | $344K | $378K | 10x | as long as short |
| edgeX INTCUSDC | +0.0607% | 4h | 123.90 | −0.270% | $88K | $288K | 10x | as long as short |
| SoDEX INTC-USD | +0.0690% | 1h | 124.25 | +0.004% | $28K | $4K | 10x | as long as short |
| Polymarket Perps INTC-USDshort | +0.0928% | 1h | 124.18 | −0.048% | $214K | $466K | 10x | |
| tradeXYZ xyz:INTC | +0.1102% | 1h | 124.19 | −0.040% | $147.9M | $79.6M | 10x | as long as short |
Lighter RH INTC
Vest INTC-USD-PERP
QFEX INTC-USD
Ondo Perps INTC-USD.P
Deribit INTC_USDC-PERPETUAL
Variational Omni INTC
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
Paradex INTC-USD-PERP
Aevo INTC-PERP
Extended INTC_24_5-USD
Binance INTCUSDT
KuCoin INTCUSDTM
BloFin INTC-USDT
Bitget INTCUSDT
Arcus INTC-USD
Lighter INTC
Phoenix INTC
RISEx INTC/USDC
edgeX INTCUSDC
SoDEX INTC-USD
tradeXYZ xyz:INTC