Funding you earn now, next payment 08:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h +0.023%
Price spread now: KuCoin against Gate+0.073%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1141.142% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now +0.073%, 7d avg +0.066%
=The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate POL_USDT | 0.1095 | −0.0008 | get 0.0004% / 4h | 3h 11m | $1.8M | $1.4M | 75x |
| Short | KuCoin POLUSDTM | 0.1095 | 0.0100 | get 0.0050% / 4h | 3h 11m | $2.9M | $965K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $22.68
- Price spread: +0.073% → +0.066%
- $0.67
- Slippage, 4 orders
- −$87.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$90.89
- Costs to cover
- 1.142%
- Break-even
- 35.1 days
Slippage from Gate: live order book, 1 min ago; KuCoin: 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 Gate live order book, 1 min ago | 5.49 bp | 20.1 bp −$20 | 154.6 bp −$1,546 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 6.84 bp | 34.6 bp −$35 | 125.1 bp −$1,251 | doesn't fit | doesn't fit |
POL on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0512% | 1h | 0.1093 | −0.137% | $201K | $199K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0140% | 1h | 0.1095 | +0.012% | $1.2M | $1.2M | 50x | as long as short |
| Gate POL_USDTlong | −0.0008% | 4h | 0.1095 | long leg | $1.8M | $1.4M | 75x | |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1094 | −0.028% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1095 | +0.055% | $12K | — | 150x | as long as short |
| dYdX POL-USD | +0.0025% | 1h | 0.1096 | +0.117% | $17K | $2K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.508% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0042% | 4h | 0.1094 | −0.046% | $11K | $568K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1095 | +0.080% | $279K | $541K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1097 | +0.228% | $7.4M | $3.7M | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster POLUSDT | +0.0100% | 4h | 0.1096 | +0.134% | $364K | $247K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1095 | +0.064% | $16.8M | $40.9M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1095 | +0.009% | $15.8M | $11.7M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1095 | +0.046% | $5.7M | $9.9M | 50x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1095 | +0.073% | $24.7M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTMshort | +0.0100% | 4h | 0.1095 | +0.073% | $2.9M | $965K | 50x | |
| Bitget POLUSDT | +0.0100% | 4h | 0.1095 | +0.073% | $4.0M | $4.3M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1095 | +0.037% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1096 | +0.101% | $607K | $206K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1096 | +0.166% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1096 | +0.137% | $194K | $633K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1094 | −0.030% | $96K | $275K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1093 | −0.137% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1095 | +0.013% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1095 | +0.091% | $902K | $164K | 75x | as long as short |
Gate POL_USDT
KuCoin POLUSDTM
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
MEXC POL_USDT
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
GMX POL/USD [ETH-USDC]
BloFin POL-USDT