Funding you earn now, next payment 23:00 UTC+0.0191%/8h= +20.9% APRpaid last 24h +0.027%
Price spread now: KuCoin against Polymarket Perps+0.116%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.522%+$52 on $10k
+Price spread, last 7 days−0.088%−$9 · spread now +0.116%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.078% dearer against Polymarket Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARB-USD | 0.2234 | −0.0091 | get 0.0011% / 1h | 32m 22s | $71K | $2.1M | 10x |
| Short | KuCoin ARBUSDTM | 0.2236 | 0.0100 | get 0.0100% / 8h | 1h 32m | $20.6M | $16.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $40.02
- Price spread: +0.116% → +0.039%
- $7.76
- Slippage, 4 orders
- −$29.91
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2.13
- Costs to cover
- 0.499%
- Break-even
- 7.4 days
Slippage from Polymarket Perps: live order book, 1 min ago; KuCoin: live order book, 1 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, 1 min ago | 2.01 bp | 6.0 bp −$6 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 0.89 bp | 18.8 bp −$19 | 49.6 bp −$496 | doesn't fit | doesn't fit |
ARB 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1770% | 1h | 0.2226 | −0.349% | $40K | $283K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0242% | 1h | 0.2235 | +0.067% | $26K | $32K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2236 | +0.090% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0163% | 8h | 0.2239 | +0.228% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0138% | 8h | 0.2233 | −0.036% | $57.6M | $134.3M | 50x | as long as short |
| SoDEX ARB-USD | −0.0121% | 1h | 0.2235 | +0.067% | $4K | $2.8M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0104% | 8h | 0.2234 | −0.009% | $22.3M | $161.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0103% | 8h | 0.2234 | 0.000% | $37.4M | $62.5M | 200x | as long as short |
| Polymarket Perps ARB-USDlong | −0.0091% | 1h | 0.2234 | long leg | $71K | $2.1M | 10x | |
| Orderly PERP_ARB_USDC | −0.0030% | 8h | 0.2235 | +0.054% | $11K | $394K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0008% | 1h | 0.2234 | +0.012% | $356K | $2.4M | 25x | as long as short |
| Binance ARBUSDT | −0.0007% | 8h | 0.2234 | +0.013% | $63.8M | $320.8M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2236 | +0.121% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2236 | +0.087% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0032% | 8h | 0.2234 | +0.013% | $5.5M | $20.7M | 60x | as long as short |
| Bitget ARBUSDT | +0.0080% | 8h | 0.2234 | +0.009% | $20.9M | $37.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2236 | +0.086% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0083% | 8h | 0.2233 | −0.013% | — | $53.4M | — | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2237 | +0.154% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2237 | +0.161% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2237 | +0.157% | $39.9M | $51.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2239 | +0.217% | $696K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2237 | +0.148% | $44K | $197K | 10x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2236 | +0.116% | $20.6M | $16.7M | 75x | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2240 | +0.277% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2240 | +0.279% | $475K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2241 | +0.322% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2236 | +0.098% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2239 | +0.233% | $276K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2238 | +0.188% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0113% | 8h | 0.2238 | +0.201% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2239 | +0.233% | $508K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0158% | 1h | 0.2236 | +0.089% | $840K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2233 | −0.029% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2238 | +0.206% | $494K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0644% | 1h | 0.2241 | +0.304% | $1.1M | $2.7M | 20x | as long as short |
Polymarket Perps ARB-USD
KuCoin ARBUSDTM
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP