Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Polymarket Perps against KuCoin−0.181%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1421.416% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.181%, 7d avg +0.070%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.251% cheaper against KuCoin than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHFIUSDTM | 0.6966 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $1.2M | $230K | 50x |
| Short | Polymarket Perps ETHFI-USD | 0.6953 | 0.0100 | get 0.0013% / 1h | 55m 05s | $64K | $125K | 5x |
KuCoin ETHFIUSDTM
Polymarket Perps ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against KuCoin. 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
- $0
- Price spread: −0.181% → +0.070%
- −$25.12
- Slippage, 4 orders
- −$121.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$166.71
- Costs to cover
- 1.416%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Polymarket Perps: live order book, 23 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 KuCoin live order book, 5 min ago | 9.36 bp | 54.6 bp −$55 | 207.4 bp −$2,074 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 23 min ago | 5.38 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0468% | 1h | 0.6961 | −0.072% | $40K | $10K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0411% | 1h | 0.6968 | +0.030% | $257K | $227K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0382% | 4h | 0.6954 | −0.172% | $81K | $182K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0253% | 4h | 0.6961 | −0.072% | $16K | $1K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.0136% | 4h | 0.6961 | −0.072% | $17.4M | $12.7M | 25x | as long as short |
| Variational Omni ETHFI | −0.0049% | 4h | 0.6972 | +0.090% | $957K | $717K | — | as long as short |
| Extended ETHFI-USD | +0.0008% | 1h | 0.6955 | −0.156% | $94K | $507K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0011% | 4h | 0.6960 | −0.086% | $24.1M | $35.3M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0012% | 4h | 0.6957 | −0.129% | $15.8M | $4.0M | 125x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.933% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Bybit ETHFIUSDT
Variational Omni ETHFI
Extended ETHFI-USD
Binance ETHFIUSDT
MEXC ETHFI_USDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERP | +0.0040% | 8h | 0.6951 | −0.211% | $6K | — | 5x | as long as short |
| BloFin ETHFI-USDT | +0.0044% | 4h | 0.6958 | −0.115% | $1.2M | $238K | 75x | as long as short |
| Aster ETHFIUSDT | +0.0052% | 4h | 0.6961 | −0.078% | $178K | $254K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6961 | −0.068% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6966 | −0.006% | $1.1M | $830K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6964 | −0.030% | $17.0M | $8.3M | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6964 | −0.029% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6963 | −0.043% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.6966 | long leg | $1.2M | $230K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6958 | −0.115% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6961 | −0.072% | — | $8.8M | — | as long as short |
| Polymarket Perps ETHFI-USDshort | +0.0100% | 1h | 0.6953 | −0.181% | $64K | $125K | 5x | |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6968 | +0.029% | $2K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0376% | 1h | 0.7054 | +1.263% | $31K | $6K | 50x | as long as short |
Paradex ETHFI-USD-PERP
BloFin ETHFI-USDT
Aster ETHFIUSDT
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDT
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX