Funding you earn now, next payment 03:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Coinbase International against Polymarket Perps+0.041%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.041%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.051%, 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 AAPL-USD | 338.64 | 0.0050 | pay 0.0006% / 1h | 39m 47s | $253K | $395K | 10x |
| Short | Coinbase International AAPL-PERP-INTX | 338.78 | 0.0080 | get 0.0010% / 1h | 39m 47s | $659K | $664K | 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
- $6.3
- Price spread: +0.041% → +0.022%
- $1.95
- Slippage, 4 orders
- −$11.37
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$21.12
- Costs to cover
- 0.294%
- Break-even
- 30.5 days
Slippage from Polymarket Perps: live order book, 18 min ago; Coinbase International: live order book, 18 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, 18 min ago | 2.07 bp | 6.2 bp −$6 | 7.8 bp −$78 | 9.4 bp −$944 | doesn't fit |
| Sell Coinbase International live order book, 18 min ago | 2.21 bp | 7.7 bp −$8 | 10.6 bp −$106 | 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 | −0.0329% | 4h | 338.85 | +0.062% | $81K | $325K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0023% | 8h | 338.93 | +0.086% | $342K | $168K | 20x | as long as short |
| Nado AAPL-PERP | −0.0015% | 1h | 338.75 | +0.032% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.83 | +0.055% | $122K | $290K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.82 | +0.054% | $286K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.91 | +0.080% | $22.2M | $67.0M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.88 | +0.071% | $5.9M | $39.8M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.91 | +0.080% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.68 | +0.012% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.00 | +0.106% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
BloFin AAPL-USDT
Nado 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 | 338.94 | +0.087% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.85 | +0.061% | $17K | $425K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.93 | +0.086% | $597 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.61 | −0.009% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.02 | +0.112% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.94 | +0.089% | $2.1M | $7K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0016% | 1h | 338.79 | +0.044% | $36K | — | 20x | as long as short |
| QFEX AAPL-USD | +0.0031% | 1h | 338.86 | +0.065% | $3.2M | $4.8M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.78 | +0.042% | $780K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.83 | +0.056% | $947K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.72 | +0.024% | $269K | $67K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.67 | +0.009% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USDlong | +0.0050% | 1h | 338.64 | long leg | $253K | $395K | 10x | |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.81 | +0.050% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.61 | −0.009% | $1.3M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0060% | 1h | 338.78 | +0.041% | $40.5M | $75.9M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTXshort | +0.0080% | 1h | 338.78 | +0.041% | $659K | $664K | 10x | |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.78 | +0.041% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.70 | +0.018% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.77 | +0.038% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.79 | +0.045% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.64 | 0.000% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 338.97 | +0.097% | $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
Hotstuff AAPL-PERP
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