Funding you earn now, next payment 02:00 UTC−0.1036%/8h= −113.5% APRpaid last 24h +0.054%
Price spread now: Polymarket Perps against Bitget+0.235%50s7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.812% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.235%, 7d avg +0.114%
=The price spread pays, funding is against you. Polymarket Perps is 0.121% dearer against Bitget than usual: you sell high and buy low (spread +0.235% now, against its 7-day average of +0.114%): +$12 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KIOXIAUSDT | 370.27 | 0 | get 0.0000% / 8h | 6h 23m | $2.2M | $1.5M | 20x |
| Short | Polymarket Perps KIOXIA-USD | 371.14 | −0.1036 | pay 0.0130% / 1h | 23m 41s | $6K | $233K | 10x |
Bitget KIOXIAUSDT
Polymarket Perps KIOXIA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bitget. 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
- −$217.59
- Price spread: +0.235% → +0.114%
- $12.13
- Slippage, 4 orders
- −$61.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$286.71
- Costs to cover
- 0.812%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Polymarket Perps: live order book, 43 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 Bitget live order book, 3 min ago | 4.19 bp | 32.6 bp −$33 | 46.0 bp −$460 | 147.5 bp −$14.7K | doesn't fit |
| Sell Polymarket Perps live order book, 43 min ago | 0.81 bp | 5.1 bp −$5 | 17.6 bp −$176 | doesn't fit | doesn't fit |
KIOXIA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Extended KIOXIA-USD | −0.1328% | 1h | 371.32 | +0.284% | $5K | — | 10x | as long as short |
| tradeXYZ xyz:KIOXIA | −0.1313% | 1h | 371.37 | +0.297% | $10.5M | $3.1M | 10x | as long as short |
| Polymarket Perps KIOXIA-USDshort | −0.1036% | 1h | 371.14 | +0.235% | $6K | $233K | 10x | |
| OKX KIOXIA-USDT-SWAP | 0.0000% | 8h | 371.01 | +0.200% | $433K | $431K | 10x | as long as short |
| Gate KIOXIA_USDT | 0.0000% | 8h | 370.83 | +0.151% | $72K | $21K | 20x | as long as short |
| Bitget KIOXIAUSDTlong | 0.0000% | 8h | 370.27 | long leg | $2.2M | $1.5M | 20x | |
| KuCoin KIOXIAUSDTM | +0.0007% | 8h | 371.08 | +0.219% | $41K | $126K | 20x | as long as short |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −7.389% | — | — | 10x | as long as short |
| HTX KIOXIA-USDT | +0.0100% | 1h | 371.55 | +0.346% | $7K | $42K | 10x | as long as short |
Extended KIOXIA-USD
tradeXYZ xyz:KIOXIA
OKX KIOXIA-USDT-SWAP
Gate KIOXIA_USDT
KuCoin KIOXIAUSDTM
Lighter KIOXIA
HTX KIOXIA-USDT