Funding you earn now, next payment 04:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.04 per $10,000 · paid last 24h −0.002%
Price spread now: Coinbase International against Polymarket Perps−0.008%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$290.288% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.008%, 7d avg −0.061%
=The price spread pays, funding is against you. Coinbase International is 0.052% dearer against Polymarket Perps than usual: you sell high and buy low (spread −0.008% now, against its 7-day average of −0.061%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps GOOG-USD | 357.70 | 0.0050 | pay 0.0006% / 1h | 13m 38s | $686K | $429K | 10x |
| Short | Coinbase International GOOGL-PERP-INTX | 357.67 | 0.0016 | get 0.0002% / 1h | 13m 38s | $522K | $1.1M | 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
- −$7.14
- Price spread: −0.008% → −0.061%
- $5.23
- Slippage, 4 orders
- −$10.79
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$30.7
- Costs to cover
- 0.288%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 39 min ago; Coinbase International: live order book, 5 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, 39 min ago | 1.68 bp | 7.5 bp −$7 | 8.4 bp −$84 | 9.5 bp −$955 | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 2.38 bp | 7.4 bp −$7 | 10.1 bp −$101 | doesn't fit | doesn't fit |
GOOGL on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GOOGL_USDT | 0.0000% | 8h | 357.79 | +0.025% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.96 | +0.073% | $17.5M | $9.7M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 358.04 | +0.095% | $2K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 358.00 | +0.084% | $115K | $217K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 358.00 | +0.084% | $2.7M | $86K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTXshort | +0.0016% | 1h | 357.67 | −0.008% | $522K | $1.1M | 10x | |
| Nado GOOGL-PERP | +0.0017% | 1h | 357.70 | 0.000% | $558K | $86K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0022% | 1h | 357.79 | +0.024% | $144K | $48K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0030% | 1h | 357.66 | −0.011% | $24K | $156K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.91 | +0.059% | $1.3M | $2.1M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT GOOGL_USDT_Perp | +0.0033% | 8h | 358.02 | +0.089% | $24K | $444K | 10x | as long as short |
| Variational Omni GOOGL | +0.0033% | 8h | 357.99 | +0.082% | $4.8M | $2.4M | — | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.162% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.71 | +0.003% | $208K | $279K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.92 | +0.062% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.69 | −0.003% | $99.2M | $20.7M | 20x | as long as short |
| Polymarket Perps GOOG-USDlong | +0.0050% | 1h | 357.70 | long leg | $686K | $429K | 10x | |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.71 | +0.003% | $148 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.58 | −0.034% | $2.3M | $4.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 357.89 | +0.053% | $1.3M | $4.2M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0068% | 8h | 357.81 | +0.032% | $293 | $253 | 5x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0082% | 8h | 357.85 | +0.042% | $13.8M | $12.5M | 50x | as long as short |
| Hotstuff GOOGL-PERP | +0.0088% | 1h | 357.81 | +0.031% | $33K | — | 20x | as long as short |
| Aster GOOGLUSDT | +0.0090% | 8h | 357.72 | +0.005% | $366K | $426K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.89 | +0.054% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.51 | −0.053% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.70 | 0.000% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.82 | +0.034% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.83 | +0.037% | $25K | — | 10x | as long as short |
| Binance GOOGLUSDT | +0.0109% | 8h | 357.92 | +0.062% | $72.6M | $142.6M | 50x | as long as short |
| Extended GOOGL-USD | +0.0112% | 1h | 357.81 | +0.030% | $419K | $1.2M | 20x | as long as short |
| Phoenix GOOGL | +0.0179% | 1h | 357.75 | +0.014% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0208% | 1h | 357.91 | +0.059% | $2.0M | $1.3M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0229% | 8h | 358.03 | +0.092% | $694K | $235K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0247% | 8h | 358.02 | +0.089% | $12.1M | $7.5M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0533% | 4h | 357.99 | +0.081% | $209K | $1.2M | 10x | as long as short |
Polymarket Perps GOOG-USD
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Deribit GOOGL_USDC-PERPETUAL
Lighter RH GOOGL
GRVT GOOGL_USDT_Perp
Variational Omni GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
OKX GOOGL-USDT-SWAP
Aster GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC