Funding you earn now, next payment 02:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Coinbase International against Polymarket Perps−0.174%47s7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as 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−$340.338% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.174%, 7d avg −0.063%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.111% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.063%). Swap the legs. 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 | Polymarket Perps AMD-USD | 620.80 | 0.0164 | pay 0.0021% / 1h | 56m 34s | $398K | $1.5M | 10x |
| Short | Coinbase International AMD-PERP-INTX | 619.72 | 0.0136 | get 0.0017% / 1h | 56m 34s | $305K | $1.8M | 10x |
Funding 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
- −$5.98
- Price spread: −0.174% → −0.063%
- −$11.14
- Slippage, 4 orders
- −$15.79
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$50.91
- Costs to cover
- 0.338%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago | 2.90 bp | 6.9 bp −$7 | 7.0 bp −$70 | 8.8 bp −$876 | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 4.19 bp | 10.0 bp −$10 | 12.7 bp −$127 | doesn't fit | doesn't fit |
AMD on 30 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 AMDUSDC | −0.0439% | 4h | 620.98 | +0.029% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 621.31 | +0.082% | $1K | $8.3M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 621.14 | +0.055% | $122K | $596K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.65 | −0.024% | $1.8M | $460K | 10x | as long as short |
| Gate AMD_USDT | +0.0016% | 8h | 621.31 | +0.082% | $4.5M | $13.2M | 50x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.88 | +0.013% | $852K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.463% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 620.88 | +0.013% | $144K | $263K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 620.06 | −0.119% | $1.5M | $4.1M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0057% | 1h | 621.99 | +0.192% | — | $923K | 25x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 621.27 | +0.076% | $2.1M | $12.1M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.43 | −0.060% | $1.9M | $285K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.47 | −0.053% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.98 | +0.029% | $371 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTXshort | +0.0136% | 1h | 619.72 | −0.174% | $305K | $1.8M | 10x | |
| Polymarket Perps AMD-USDlong | +0.0164% | 1h | 620.80 | long leg | $398K | $1.5M | 10x | |
| Bitget AMDUSDT | +0.0181% | 8h | 621.32 | +0.084% | $10.3M | $17.1M | 20x | as long as short |
| tradeXYZ xyz:AMD | +0.0230% | 1h | 620.58 | −0.035% | $25.1M | $93.6M | 10x | as long as short |
| Phoenix AMD | +0.0244% | 1h | 620.78 | −0.003% | $2K | $89K | 10x | as long as short |
| Aevo AMD-PERP | +0.0272% | 1h | 621.50 | +0.113% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0291% | 8h | 620.96 | +0.026% | $6.9M | $27.9M | 25x | as long as short |
| Lighter AMD | +0.0328% | 1h | 620.89 | +0.014% | $549K | $2.4M | 10x | as long as short |
| Nado AMD-PERP | +0.0390% | 1h | 620.47 | −0.053% | $268K | $209K | 10x | as long as short |
| Aster AMDUSDT | +0.0406% | 8h | 621.15 | +0.056% | $72K | $412K | 50x | as long as short |
| SoDEX AMD-USD | +0.0484% | 1h | 621.06 | +0.042% | $25K | $24K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0685% | 1h | 620.79 | −0.002% | $77K | $151K | 10x | as long as short |
| Variational Omni AMD | +0.0722% | 8h | 620.89 | +0.015% | $2.6M | $3.3M | — | as long as short |
| GRVT AMD_USDT_Perp | +0.0758% | 8h | 620.31 | −0.079% | $18K | $134K | 10x | as long as short |
| Binance AMDUSDT | +0.0783% | 8h | 621.30 | +0.081% | $75.5M | $190.0M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0784% | 1h | 621.16 | +0.059% | $463K | $1.9M | 10x | as long as short |
Polymarket Perps AMD-USD
Coinbase International AMD-PERP-INTX
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Gate AMD_USDT
Lighter RH AMD
Injective AMD/USDC PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Bitget AMDUSDT
tradeXYZ xyz:AMD
Phoenix AMD
OKX AMD-USDT-SWAP
Lighter AMD
Aster AMDUSDT
SoDEX AMD-USD
Deribit AMD_USDC-PERPETUAL
Variational Omni AMD
GRVT AMD_USDT_Perp
Binance AMDUSDT
Extended AMD_24_5-USD