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Funding arb · Price arb /

COIN

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.020%
Price spread now: Polymarket Perps against KuCoin−0.079%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1941.936% of the position
Long on KuCoinShort on Polymarket Perps
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 7 days+0.111%+$11 · spread now −0.079%, 7d avg −0.033%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.046% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COINUSDTM201.750.0100pay 0.0100% / 8h7h 48m$1.0M$135K20x
ShortPolymarket Perps COIN-USD201.590.0050get 0.0006% / 1h48m 33s$129K$1.2M10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.5
Price spread: −0.079% → −0.033%
−$4.6
Slippage, 4 orders
−$173.63
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$208.73
Costs to cover
1.936%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Polymarket Perps: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago10.90 bp51.0 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago0.25 bp9.4 bp −$910.1 bp −$10112.8 bp −$1,282doesn't fit

COIN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COIN/USDC PERP−0.0440%1h201.52−0.114%$44K$48K30xas long as short
Aster COINUSDT0.0000%8h201.64−0.055%$370K$840K20xas long as short
Extended COIN_24_5-USD0.0000%1h201.64−0.057%$119K$514K10xas long as short
Binance COINUSDT0.0000%8h201.64−0.055%$15.8M$76.1M20xas long as short
Bybit COINUSDT0.0000%8h201.66−0.045%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.69−0.030%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h201.64−0.055%$1.3M$6.8M50xas long as short
Bitget COINUSDT0.0000%8h201.74−0.005%$6.9M$9.7M20xas long as short
Variational Omni COIN0.0000%8h201.31−0.216%$839K$1.1M—as long as short
GRVT COIN_USDT_Perp0.0000%8h201.78+0.015%$12K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0021%1h201.66−0.045%$1.4M$3.9M10xas long as short
Lighter RH COIN+0.0032%1h201.62−0.064%$434K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h201.73−0.010%$16K$53K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.49−0.129%—$513K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h201.58−0.084%$16.6M$12.5M10xas long as short
Polymarket Perps COIN-USDshort+0.0050%1h201.59−0.079%$129K$1.2M10x
SoDEX COIN-USD+0.0050%1h201.58−0.084%$94$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.41−0.169%$359K$3.3M10xas long as short
KuCoin COINUSDTMlong+0.0100%8h201.75long leg$1.0M$135K20x
ApeX Omni COINUSDT+0.0100%1h201.44−0.154%$91K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h201.62−0.064%$583$4K10xas long as short
Aevo COIN-PERP+0.0104%1h201.67−0.040%$119—10xas long as short
BloFin COIN-USDT+0.0120%8h201.67−0.040%$199K$341K20xas long as short
Lighter COIN+0.0184%1h201.65−0.051%$376K$1.8M10xas long as short
Phoenix COIN+0.0237%1h201.81+0.030%$5K$279K10xas long as short
edgeX COINUSDC+0.0498%4h201.72−0.017%$52K$293K10xas long as short