Funding you earn now, next payment 12:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.90 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against OKX−0.009%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$990.985% of the position
Funding, last 7 days+0.232%+$23 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now −0.009%, 7d avg +0.032%
=Funding pays, the price is against you. KuCoin is 0.041% cheaper against OKX than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.032%). If the spread goes back, that is −$4 on $10k: about 18 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX POL-USDT-SWAP | 0.1096 | −0.0079 | get 0.0040% / 4h | 3h 52m | $5.7M | $9.4M | 50x |
| Short | KuCoin POLUSDTM | 0.1096 | 0.0100 | get 0.0050% / 4h | 3h 52m | $2.9M | $877K | 50x |
OKX POL-USDT-SWAP
KuCoin POLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $37.65
- Price spread: −0.009% → +0.032%
- −$4.11
- Slippage, 4 orders
- −$76.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$64.98
- Costs to cover
- 0.985%
- Break-even
- 19.1 days
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 4 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 OKX live order book, 5 min ago | 1.37 bp | 15.6 bp −$16 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 5.93 bp | 30.0 bp −$30 | 129.0 bp −$1,290 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | −0.0686% | 4h | 0.1095 | −0.046% | $15.8M | $9.6M | 75x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0600% | 1h | 0.1092 | −0.356% | $200K | $182K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0474% | 1h | 0.1095 | −0.067% | $1.2M | $1.0M | 50x | as long as short |
| GRVT POL_USDT_Perp | −0.0364% | 4h | 0.1093 | −0.247% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni POLUSDT | −0.0328% | 1h | 0.1093 | −0.265% | $189K | $644K | 50x | as long as short |
| Gate POL_USDT | −0.0182% | 4h | 0.1095 | −0.119% | $1.8M | $1.2M | 75x | as long as short |
| OKX POL-USDT-SWAPlong | −0.0079% | 4h | 0.1096 | long leg | $5.7M | $9.4M | 50x | |
| Orderly PERP_POL_USDC | −0.0076% | 4h | 0.1094 | −0.137% | $11K | $2.1M | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1095 | −0.121% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1096 | +0.053% | $19K | $3K | 5x | as long as short |
Bybit POLUSDT
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Gate POL_USDT
Orderly PERP_POL_USDC
Reya POLRUSDPERP
dYdX POL-USDShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1095 | −0.078% | $9K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.378% | $3K | $124K | 12x | as long as short |
| Binance POLUSDT | +0.0052% | 4h | 0.1095 | −0.055% | $16.7M | $36.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0052% | 4h | 0.1096 | −0.027% | $25.2M | $3.4M | 125x | as long as short |
| Extended POL-USD | +0.0056% | 1h | 0.1095 | −0.064% | $92K | $520K | 10x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1095 | −0.055% | $274K | $537K | 8x | as long as short |
| Aevo POL-PERP | +0.0096% | 1h | 0.1094 | −0.219% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1097 | +0.109% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1096 | +0.046% | $363K | $167K | 20x | as long as short |
| KuCoin POLUSDTMshort | +0.0100% | 4h | 0.1096 | −0.009% | $2.9M | $877K | 50x | |
| Bitget POLUSDT | +0.0100% | 4h | 0.1096 | −0.018% | $4.0M | $3.9M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1095 | −0.055% | — | $7.1M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1094 | −0.190% | $605K | $166K | — | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1096 | −0.028% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0216% | 4h | 0.1094 | −0.137% | $897K | $146K | 75x | as long as short |
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Binance POLUSDT
MEXC POL_USDT
Extended POL-USD
Lighter POL
Aevo POL-PERP
Hyperliquid POL
Aster POLUSDT
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT