Funding you earn now, next payment 04:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Coinbase International against Polymarket Perps+0.057%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.226%−$23 · spread now +0.057%, 7d avg +0.017%
=The price spread pays, funding is against you. Coinbase International is 0.040% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of +0.017%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SOL-USD | 116.90 | 0.0100 | pay 0.0013% / 1h | 54m 41s | $322K | $2.6M | 20x |
| Short | Coinbase International SOL-PERP-INTX | 116.97 | 0.0048 | get 0.0006% / 1h | 54m 41s | $7.4M | $405.2M | 50x |
Polymarket Perps SOL-USD
Coinbase International SOL-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
- −$10.92
- Price spread: +0.057% → +0.017%
- $4.05
- Slippage, 4 orders
- −$1.37
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$26.25
- Costs to cover
- 0.194%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; Coinbase International: live order book, 4 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, 4 min ago | 0.43 bp | 4.4 bp −$4 | 5.7 bp −$57 | 16.7 bp −$1,672 | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 0.04 bp | 5.1 bp −$5 | 8.3 bp −$83 | 15.4 bp −$1,536 | 278.6 bp −$139.3K |
SOL on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | −0.0193% | 1h | 116.96 | +0.048% | $31.1M | $100.4M | 100x | as long as short |
| Hibachi SOL/USDT-P | −0.0168% | 1h | 116.59 | −0.268% | $103K | $698K | 20x | as long as short |
| Vest SOL-PERP | −0.0096% | 1h | 116.80 | −0.085% | — | $601K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.85 | −0.043% | $1K | $8K | 25x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.93 | +0.026% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.74 | −0.139% | $1.4M | $19.1M | 3.1x | as long as short |
| dYdX SOL-USD | +0.0008% | 1h | 116.95 | +0.042% | $4.4M | $24.2M | 20x | as long as short |
| Derive SOL-PERP | +0.0030% | 1h | 116.87 | −0.023% | $1.9M | $2.8M | 13x | as long as short |
| Coinbase International SOL-PERP-INTXshort | +0.0048% | 1h | 116.97 | +0.057% | $7.4M | $405.2M | 50x | |
| Orderly PERP_SOL_USDC | +0.0093% | 8h | 116.95 | +0.044% | $1.0M | $5.8M | 100x | as long as short |
Kraken Futures PF_SOLUSD
Hibachi SOL/USDT-P
Vest SOL-PERP
Hotstuff SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
dYdX SOL-USD
Derive SOL-PERP
Orderly PERP_SOL_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SOL | +0.0096% | 1h | 116.97 | +0.056% | $13.1M | $59.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.93 | +0.026% | $2.2M | $16.7M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 116.91 | +0.009% | $100K | $173K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.86 | −0.038% | $348K | $244K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.86 | −0.034% | $50K | $882K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.99 | +0.075% | $1.0M | $550K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.89 | −0.012% | $5.5M | $40.1M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.01 | +0.094% | $706.5M | $393.2M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.93 | +0.026% | $175.1M | $182.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.00 | +0.084% | $15.8M | $130.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.97 | +0.063% | $976.1M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.88 | −0.017% | $775.7M | $1.36B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.95 | +0.043% | $368.4M | $1.69B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.84 | −0.051% | $231K | $837K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.94 | +0.036% | $927K | $8.8M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.92 | +0.017% | $847.0M | $655.0M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.96 | +0.051% | $367.9M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.90 | −0.003% | $129.3M | $222.0M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.90 | +0.002% | $480.1M | $442.0M | 100x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.93 | +0.024% | — | $10.6M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.96 | +0.051% | $23.2M | $39.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.63 | −0.227% | $24.5M | $113.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.68 | −0.186% | $93.7M | $398.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.61 | −0.248% | $47.7M | $30.1M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.73 | −0.144% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.58 | −0.274% | $1.3M | $12.8M | 30x | as long as short |
| Polymarket Perps SOL-USDlong | +0.0100% | 1h | 116.90 | long leg | $322K | $2.6M | 20x | |
| Bullet SOL-USD | +0.0100% | 1h | 116.91 | +0.009% | $149K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.91 | +0.008% | $25K | $31K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.93 | +0.023% | $190K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.95 | +0.043% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.92 | +0.015% | $226.7M | $47.8M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.94 | +0.034% | $45.7M | $102.5M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.90 | 0.000% | $134.0M | $22.8M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.87 | −0.023% | $8.3M | $37.4M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0107% | 1h | 116.72 | −0.154% | $4K | $2K | 12x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.75 | −0.130% | — | $231.5M | 500x | as long as short |
| Phoenix SOL | +0.0137% | 1h | 116.80 | −0.086% | $6.5M | $13.8M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0142% | 1h | 116.98 | +0.071% | $26.4M | $23.3M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0191% | 1h | 116.89 | −0.009% | $1.1M | $541K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.94 | +0.034% | $52.1M | $67.7M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0178% | 1h | 116.93 | +0.023% | $3.6M | — | 200x | as long as short |
| Perpl SOL | +0.0447% | 43m | 116.90 | +0.002% | $139K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0531% | 1h | 116.81 | −0.076% | $25K | $50K | 20x | as long as short |
| RISEx SOL/USDC | +0.0561% | 1h | 116.98 | +0.072% | $1.9M | $4.8M | 20x | as long as short |
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Aevo SOL-PERP
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDC
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Injective SOL/USDC PERP
Jupiter Perps SOL-PERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Perpl SOL
Aftermath Perps SOLUSD
RISEx SOL/USDC