Funding you earn now, next payment 05:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.004%
Price spread now: Polymarket Perps against Coinbase International+0.131%47s7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.131%, 7d avg +0.062%
=The price spread pays, funding is against you. Polymarket Perps is 0.069% dearer against Coinbase International than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of +0.062%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.021% in total) that is about 23 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMD-PERP-INTX | 611.04 | 0.0072 | pay 0.0009% / 1h | 29m 21s | $317K | $1.9M | 10x |
| Short | Polymarket Perps AMD-USD | 611.84 | 0.0050 | get 0.0006% / 1h | 29m 21s | $400K | $1.5M | 10x |
Coinbase International AMD-PERP-INTX
Polymarket Perps AMD-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
- −$4.62
- Price spread: +0.131% → +0.062%
- $6.94
- Slippage, 4 orders
- −$16.19
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$31.87
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Polymarket Perps: 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 Coinbase International live order book, 4 min ago | 5.97 bp | 11.0 bp −$11 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 2.13 bp | 6.1 bp −$6 | 6.2 bp −$62 | 11.7 bp −$1,173 | doesn't fit |
AMD on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMDUSDT | −0.0172% | 8h | 612.86 | +0.298% | $10.3M | $17.3M | 20x | as long as short |
| edgeX AMDUSDC | −0.0133% | 4h | 612.25 | +0.198% | $72K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 612.35 | +0.214% | $4.4M | $14.1M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 613.25 | +0.362% | $2K | $8.2M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 613.06 | +0.331% | $112K | $627K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 613.26 | +0.363% | $1.7M | $462K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 611.54 | +0.082% | $528K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 611.55 | +0.083% | $807K | $4.7M | 10x | as long as short |
| QFEX AMD-USD | +0.0032% | 1h | 611.89 | +0.139% | $2.0M | $11.5M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 612.19 | +0.188% | $137K | $271K | 10x | as long as short |
Bitget AMDUSDT
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
QFEX AMD-USD
Arcus AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster AMDUSDT | +0.0040% | 8h | 612.59 | +0.254% | $69K | $415K | 50x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 613.03 | +0.326% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 612.22 | +0.193% | $23.0M | $95.0M | 10x | as long as short |
| Polymarket Perps AMD-USDshort | +0.0050% | 1h | 611.84 | +0.131% | $400K | $1.5M | 10x | |
| SoDEX AMD-USD | +0.0050% | 1h | 612.57 | +0.250% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 611.91 | +0.142% | $1.3M | $5.1M | 10x | as long as short |
| Nado AMD-PERP | +0.0069% | 1h | 611.60 | +0.092% | $254K | $240K | 10x | as long as short |
| Coinbase International AMD-PERP-INTXlong | +0.0072% | 1h | 611.04 | long leg | $317K | $1.9M | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 611.86 | +0.134% | $1.9M | $295K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 611.28 | +0.039% | $78K | $256K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 612.33 | +0.211% | $366 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0121% | 8h | 612.51 | +0.241% | $6.5M | $28.8M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0134% | 8h | 611.97 | +0.152% | $19K | $167K | 10x | as long as short |
| Aevo AMD-PERP | +0.0176% | 1h | 612.69 | +0.270% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0195% | 1h | 611.93 | +0.146% | $2K | $90K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0207% | 1h | 612.77 | +0.283% | $76K | $151K | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0220% | 1h | 612.62 | +0.259% | $2K | $59K | 12x | as long as short |
| Variational Omni AMD | +0.0284% | 8h | 611.95 | +0.149% | $2.5M | $3.3M | — | as long as short |
| Extended AMD_24_5-USD | +0.0368% | 1h | 611.83 | +0.130% | $457K | $3.1M | 10x | as long as short |
| Binance AMDUSDT | +0.0370% | 8h | 612.52 | +0.243% | $71.6M | $201.7M | 25x | as long as short |
| BloFin AMD-USDT | +0.0390% | 8h | 612.07 | +0.169% | $6K | $544K | 20x | as long as short |
Aster AMDUSDT
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Nado AMD-PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Phoenix AMD
Deribit AMD_USDC-PERPETUAL
Injective AMD/USDC PERP
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT