Funding you earn now, next payment 06:00 UTC−0.1966%/8h= −215.3% APRpaid last 24h +0.135%
Price spread now: Polymarket Perps against KuCoin−0.049%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$935as in the Funding arb table
Net, price: spread back to 7d avg − costs−$949as in the Price arb table
costs, in and out, $10k−$9399.385% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now −0.049%, 7d avg +0.055%
=Both sides work against this trade now: funding costs −$59 a day on $10k at the current rate, and Polymarket Perps is 0.103% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.055%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% 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 | KuCoin KIOXIAUSDTM | 367.54 | 0.0100 | pay 0.0100% / 8h | 2h 07m | $42K | $118K | 20x |
| Short | Polymarket Perps KIOXIA-USD | 367.36 | −0.1866 | pay 0.0233% / 1h | 7m 03s | $5K | $226K | 10x |
KuCoin KIOXIAUSDTM
Polymarket Perps KIOXIA-USDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$412.81
- Price spread: −0.049% → +0.055%
- −$10.35
- Slippage, 4 orders
- −$918.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$1,361.7
- Costs to cover
- 9.385%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 42 min ago; Polymarket Perps: live order book, 40 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 KuCoin live order book, 42 min ago | 40.04 bp | 478.8 bp −$479 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 40 min ago | 2.58 bp | 12.8 bp −$13 | 20.6 bp −$206 | 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 | −0.2072% | 1h | 367.40 | −0.037% | $5K | — | 10x | as long as short |
| tradeXYZ xyz:KIOXIA | −0.2049% | 1h | 367.45 | −0.024% | $10.2M | $3.2M | 10x | as long as short |
| Polymarket Perps KIOXIA-USDshort | −0.1866% | 1h | 367.36 | −0.049% | $5K | $226K | 10x | |
| OKX KIOXIA-USDT-SWAP | 0.0000% | 8h | 367.73 | +0.052% | $424K | $443K | 10x | as long as short |
| Gate KIOXIA_USDT | 0.0000% | 8h | 366.95 | −0.161% | $74K | $21K | 20x | as long as short |
| Bitget KIOXIAUSDT | 0.0000% | 8h | 366.02 | −0.414% | $2.1M | $1.4M | 20x | as long as short |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −6.701% | — | — | 10x | as long as short |
| KuCoin KIOXIAUSDTMlong | +0.0100% | 8h | 367.54 | long leg | $42K | $118K | 20x | |
| HTX KIOXIA-USDT | +0.0100% | 1h | 367.79 | +0.068% | $7K | $42K | 10x | as long as short |
Extended KIOXIA-USD
tradeXYZ xyz:KIOXIA
OKX KIOXIA-USDT-SWAP
Gate KIOXIA_USDT
Bitget KIOXIAUSDT
Lighter KIOXIA
HTX KIOXIA-USDT