Settings8H · net · $10k
Funding arb · Price arb /

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.020%
Price spread now: KuCoin against Polymarket Perps+0.060%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1941.936% of the position
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−0.078%−$8 · spread now +0.060%, 7d avg +0.034%
Together, before fees−0.008%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.026% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps COIN-USD201.620.0050pay 0.0006% / 1h52m 50s$129K$1.2M10x
ShortKuCoin COINUSDTM201.740.0100get 0.0100% / 8h7h 52m$1.0M$137K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Polymarket Perps. 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: +0.060% → +0.034%
$2.55
Slippage, 4 orders
−$173.63
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$180.58
Costs to cover
1.936%
Break-even
127.4 days
Slippage from Polymarket Perps: live order book, just now; KuCoin: live order book, 2 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 Polymarket Perps live order book, just now0.25 bp4.2 bp −$45.1 bp −$5116.6 bp −$1,663doesn't fit
Sell KuCoin live order book, 2 min ago10.90 bp129.0 bp −$129doesn't fitdoesn't fitdoesn'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%1h201.620.000%$44K$48K30xas long as short
Aster COINUSDT0.0000%8h201.78+0.080%$370K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h201.61−0.003%$119K$453K10xas long as short
Binance COINUSDT0.0000%8h201.65+0.017%$15.8M$76.2M20xas long as short
Bybit COINUSDT0.0000%8h201.63+0.005%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.64+0.010%$3.3M$4.6M20xas long as short
Gate COIN_USDT0.0000%8h201.64+0.010%$1.3M$6.8M50xas long as short
Bitget COINUSDT0.0000%8h201.70+0.040%$6.9M$9.7M20xas long as short
Variational Omni COIN0.0000%8h202.35+0.361%$842K$1.1Mas long as short
QFEX COIN-USD+0.0021%1h201.75+0.064%$1.4M$3.9M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH COIN+0.0040%1h201.63+0.005%$434K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h202.06+0.218%$16K$53K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.67+0.025%$513K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h201.52−0.050%$16.6M$12.5M10xas long as short
Polymarket Perps COIN-USDlong+0.0050%1h201.62long leg$129K$1.2M10x
SoDEX COIN-USD+0.0050%1h201.69+0.035%$96$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.47−0.074%$361K$3.3M10xas long as short
KuCoin COINUSDTMshort+0.0100%8h201.74+0.060%$1.0M$137K20x
ApeX Omni COINUSDT+0.0100%1h202.26+0.317%$91K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h201.70+0.040%$583$4K10xas long as short
Aevo COIN-PERP+0.0104%1h201.87+0.123%$11910xas long as short
BloFin COIN-USDT+0.0120%8h201.67+0.025%$199K$341K20xas long as short
Phoenix COIN+0.0237%1h202.36+0.367%$5K$279K10xas long as short
Lighter COIN+0.0240%1h201.65+0.015%$376K$1.8M10xas long as short
edgeX COINUSDC+0.0296%4h202.22+0.299%$52K$293K10xas long as short
GRVT COIN_USDT_Perp+0.0439%8h202.28+0.326%$12K$2.0M10xas long as short