Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against KuCoin−0.073%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$860.862% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.727%−$73 · spread now −0.073%, 7d avg −0.055%
=The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POLUSDTM | 0.1093 | 0.0100 | pay 0.0050% / 4h | 43m 18s | $2.9M | $976K | 50x |
| Short | BloFin POL-USDT | 0.1092 | 0.0340 | get 0.0170% / 4h | 43m 18s | $907K | $166K | 75x |
KuCoin POLUSDTM
BloFin POL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: −0.073% → −0.055%
- −$1.84
- Slippage, 4 orders
- −$62.18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$37.62
- Costs to cover
- 0.862%
- Break-even
- 12.2 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 59 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, 4 min ago | 5.94 bp | 33.2 bp −$33 | 140.7 bp −$1,407 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 59 min ago | 1.36 bp | 11.0 bp −$11 | 18.9 bp −$189 | 69.5 bp −$6,950 | 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 | −0.0520% | 1h | 0.1091 | −0.201% | $201K | $195K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1092 | −0.118% | $2K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1093 | −0.040% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.628% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0040% | 4h | 0.1092 | −0.101% | $11K | $263K | 20x | as long as short |
| ApeX Omni POLUSDT | +0.0086% | 1h | 0.1093 | −0.018% | $194K | $633K | 50x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1093 | −0.060% | $278K | $554K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1093 | −0.038% | $363K | $271K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1092 | −0.082% | $16.9M | $42.1M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1091 | −0.165% | $15.7M | $11.8M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Orderly PERP_POL_USDC
ApeX Omni POLUSDT
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1092 | −0.101% | $5.6M | $10.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1092 | −0.091% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1093 | −0.055% | $24.3M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTMlong | +0.0100% | 4h | 0.1093 | long leg | $2.9M | $976K | 50x | |
| Bitget POLUSDT | +0.0100% | 4h | 0.1092 | −0.101% | $4.1M | $4.7M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1092 | −0.101% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1092 | −0.137% | $604K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1093 | −0.039% | $1.1M | $2.7M | 10x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1092 | −0.121% | $94K | $453K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1090 | −0.247% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0176% | 1h | 0.1094 | +0.073% | $7.4M | $3.7M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1093 | −0.055% | $3K | — | 100x | as long as short |
| dYdX POL-USD | +0.0231% | 1h | 0.1094 | +0.055% | $17K | $2K | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.0316% | 1h | 0.1093 | −0.036% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDTshort | +0.0340% | 4h | 0.1092 | −0.073% | $907K | $166K | 75x |
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
Extended POL-USD
Aevo POL-PERP
Hyperliquid POL
GMX POL/USD [ETH-USDC]
dYdX POL-USD
Kraken Futures PF_POLUSD