Funding you earn now, next payment 02:00 UTC+0.0017%/8h= +1.8% APRpaid last 24h −0.121%
Price spread now: Kraken Futures against KuCoin+0.031%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$930.926% of the position
Funding, last 7 days−0.348%−$35 on $10k
+Price spread, last 3 days (all we have)−0.117%−$12 · spread now +0.031%, 7d avg +0.018%
=The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.348%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POLUSDTM | 0.1103 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $2.9M | $971K | 50x |
| Short | Kraken Futures PF_POLUSD | 0.1103 | 0.0117 | get 0.0015% / 1h | 1m 03s | $1.2M | $1.2M | 50x |
KuCoin POLUSDTM
Kraken Futures PF_POLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $3.52
- Price spread: +0.031% → +0.018%
- $1.26
- Slippage, 4 orders
- −$70.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$87.86
- Costs to cover
- 0.926%
- Break-even
- 181.9 days
Slippage from KuCoin: live order book, 6 min ago; Kraken Futures: live order book, 2 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, 6 min ago | 4.99 bp | 32.5 bp −$33 | 137.4 bp −$1,374 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 8.16 bp | 16.6 bp −$17 | 76.8 bp −$768 | doesn't fit | doesn't fit |
POL 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0312% | 1h | 0.1099 | −0.345% | $202K | $201K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1102 | −0.084% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1103 | 0.000% | $17K | $1K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1103 | −0.010% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.744% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0047% | 4h | 0.1102 | −0.091% | $11K | $307K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1102 | −0.028% | $285K | $577K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1103 | +0.036% | $367K | $276K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1102 | −0.045% | $17.1M | $42.6M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1102 | −0.054% | $16.0M | $11.8M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Orderly PERP_POL_USDC
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1102 | −0.045% | $5.7M | $10.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1102 | −0.109% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1103 | −0.018% | $23.8M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTMlong | +0.0100% | 4h | 0.1103 | long leg | $2.9M | $971K | 50x | |
| Bitget POLUSDT | +0.0100% | 4h | 0.1103 | −0.027% | $4.2M | $4.7M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1103 | −0.018% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1102 | −0.117% | $610K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1102 | −0.080% | $1.1M | $2.7M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1103 | +0.018% | $195K | $634K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1102 | −0.110% | $92K | $446K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1101 | −0.163% | $40K | — | 3x | as long as short |
| Kraken Futures PF_POLUSDshort | +0.0117% | 1h | 0.1103 | +0.031% | $1.2M | $1.2M | 50x | |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1103 | −0.027% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0243% | 1h | 0.1104 | +0.149% | $7.4M | $3.7M | 5x | as long as short |
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL