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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps COIN-USD | 201.62 | 0.0050 | pay 0.0006% / 1h | 52m 50s | $129K | $1.2M | 10x |
| Short | KuCoin COINUSDTM | 201.74 | 0.0100 | get 0.0100% / 8h | 7h 52m | $1.0M | $137K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, just now | 0.25 bp | 4.2 bp −$4 | 5.1 bp −$51 | 16.6 bp −$1,663 | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 10.90 bp | 129.0 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.62 | 0.000% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.78 | +0.080% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.61 | −0.003% | $119K | $453K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.65 | +0.017% | $15.8M | $76.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.63 | +0.005% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.64 | +0.010% | $3.3M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.64 | +0.010% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.70 | +0.040% | $6.9M | $9.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.35 | +0.361% | $842K | $1.1M | — | as long as short |
| QFEX COIN-USD | +0.0021% | 1h | 201.75 | +0.064% | $1.4M | $3.9M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0040% | 1h | 201.63 | +0.005% | $434K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.06 | +0.218% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.67 | +0.025% | — | $513K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.52 | −0.050% | $16.6M | $12.5M | 10x | as long as short |
| Polymarket Perps COIN-USDlong | +0.0050% | 1h | 201.62 | long leg | $129K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 201.69 | +0.035% | $96 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.47 | −0.074% | $361K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 201.74 | +0.060% | $1.0M | $137K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.26 | +0.317% | $91K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.70 | +0.040% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.87 | +0.123% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.67 | +0.025% | $199K | $341K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 202.36 | +0.367% | $5K | $279K | 10x | as long as short |
| Lighter COIN | +0.0240% | 1h | 201.65 | +0.015% | $376K | $1.8M | 10x | as long as short |
| edgeX COINUSDC | +0.0296% | 4h | 202.22 | +0.299% | $52K | $293K | 10x | as long as short |
| GRVT COIN_USDT_Perp | +0.0439% | 8h | 202.28 | +0.326% | $12K | $2.0M | 10x | as long as short |
Polymarket Perps COIN-USD
KuCoin COINUSDTM
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
Lighter RH COIN
tradeXYZ xyz:COIN
SoDEX COIN-USD
ApeX Omni COINUSDT
BloFin COIN-USDT
Phoenix COIN
Lighter COIN
edgeX COINUSDC
GRVT COIN_USDT_Perp