Funding you earn now, next payment 05:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.20 per $10,000 · paid last 24h −0.039%
Price spread now: Coinbase International against Polymarket Perps−0.005%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.005%, 7d avg −0.036%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.031% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 7 days funding on this pair cost −0.200%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NEAR-USD | 4.2861 | 0.0100 | pay 0.0013% / 1h | 25m 55s | $260K | $3.9M | 10x |
| Short | Coinbase International NEAR-PERP-INTX | 4.2859 | 0.0256 | get 0.0032% / 1h | 25m 55s | $2.3M | $15.8M | 50x |
Polymarket Perps NEAR-USD
Coinbase International NEAR-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
- $32.76
- Price spread: −0.005% → −0.036%
- $3.13
- Slippage, 4 orders
- −$20.23
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$2.34
- Costs to cover
- 0.382%
- Break-even
- 7.5 days
Slippage from Polymarket Perps: live order book, 3 min ago; Coinbase International: live order book, 3 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, 3 min ago | 2.33 bp | 7.4 bp −$7 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 5.82 bp | 11.0 bp −$11 | 16.1 bp −$161 | 555.9 bp −$55.6K | doesn't fit |
NEAR on 45 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.2837 | −0.057% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2793 | −0.158% | $105K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2778 | −0.193% | $160K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.385% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2840 | −0.049% | $113K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2874 | +0.031% | $262.1M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2784 | −0.180% | $213.3M | $420.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2810 | −0.119% | $60.1M | $284.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2997 | +0.318% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2770 | −0.212% | $32.3M | $60.0M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2840 | −0.049% | $77.2M | $144.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2820 | −0.096% | $51.5M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2804 | −0.133% | $70.7M | $127.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2840 | −0.049% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2778 | −0.194% | $8.1M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2992 | +0.306% | $259K | $953K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2900 | +0.091% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USDlong | +0.0100% | 1h | 4.2861 | long leg | $260K | $3.9M | 10x | |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2833 | −0.065% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2960 | +0.231% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2890 | +0.068% | $462K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2820 | −0.096% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.2861 | 0.000% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2860 | −0.002% | $199K | $37K | 3x | as long as short |
| ApeX Omni NEARUSDT | +0.0209% | 1h | 4.3020 | +0.371% | $165K | $795K | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2820 | −0.096% | $13.2M | $31.5M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | +0.0256% | 1h | 4.2859 | −0.005% | $2.3M | $15.8M | 50x | |
| Kalshi KXNEARPERP | +0.0273% | 8h | 4.2839 | −0.051% | $865K | $24.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0311% / S −0.0198% | 1h | 4.2777 | −0.196% | $231K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0332% | 8h | 4.2840 | −0.049% | $2.8M | $5.3M | 50x | as long as short |
| Nado NEAR-PERP | +0.0400% | 1h | 4.2850 | −0.026% | $1.7M | $3.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0536% | 1h | 4.2803 | −0.135% | $3.6M | $19.6M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0568% | 1h | 4.2815 | −0.107% | $6K | $52K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0657% | 1h | 4.2825 | −0.084% | $1.3M | $6.6M | 20x | as long as short |
| Hyperliquid NEAR | +0.0676% | 1h | 4.2832 | −0.068% | $350.2M | $310.5M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0739% | 1h | 4.2792 | −0.162% | $7.4M | $38.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0752% | 1h | 4.2897 | +0.084% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.2900 | +0.091% | $215K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.2840 | −0.050% | $392K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.0936% | 1h | 4.2876 | +0.036% | $16.8M | $25.1M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.2991 | +0.303% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1128% | 1h | 4.2874 | +0.030% | $1.4M | $7.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1199% | 1h | 4.2842 | −0.044% | $1.9M | $11.0M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.2882 | +0.050% | $684K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1386% | 1h | 4.2876 | +0.036% | $5K | $12K | 10x | as long as short |
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
ApeX Omni NEARUSDT
BloFin NEAR-USDT
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Nado NEAR-PERP
Extended NEAR-USD
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Aftermath Perps NEARUSD