Funding you earn now, next payment 02:00 UTC+0.1028%/8h= +112.5% APRpaid last 24h −0.054%
Price spread now: Bitget against Polymarket Perps−0.234%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
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 −0.234%, 7d avg −0.114%
=Funding pays, the price is against you. Bitget is 0.121% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.234% now, against its 7-day average of −0.114%). If the spread goes back, that is −$12 on $10k: about 9 hours of funding at the current rate (+$31 a day).
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 | Polymarket Perps KIOXIA-USD | 371.14 | −0.1028 | get 0.0128% / 1h | 23m 26s | $6K | $233K | 10x |
| Short | Bitget KIOXIAUSDT | 370.27 | 0 | get 0.0000% / 8h | 6h 23m | $2.2M | $1.5M | 20x |
Polymarket Perps KIOXIA-USD
Bitget KIOXIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $215.85
- Price spread: −0.234% → −0.114%
- −$12.07
- Slippage, 4 orders
- −$61.24
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $122.53
- Costs to cover
- 0.812%
- Break-even
- 3.0 days
Slippage from Polymarket Perps: live order book, 44 min ago; Bitget: live order book, 4 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, 44 min ago | 0.81 bp | 16.0 bp −$16 | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.19 bp | 27.6 bp −$28 | 117.0 bp −$1,170 | 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 | +0.049% | $5K | — | 10x | as long as short |
| tradeXYZ xyz:KIOXIA | −0.1309% | 1h | 371.36 | +0.059% | $10.5M | $3.1M | 10x | as long as short |
| Polymarket Perps KIOXIA-USDlong | −0.1028% | 1h | 371.14 | long leg | $6K | $233K | 10x | |
| OKX KIOXIA-USDT-SWAP | 0.0000% | 8h | 371.01 | −0.035% | $433K | $431K | 10x | as long as short |
| Gate KIOXIA_USDT | 0.0000% | 8h | 370.83 | −0.084% | $72K | $21K | 20x | as long as short |
| Bitget KIOXIAUSDTshort | 0.0000% | 8h | 370.27 | −0.234% | $2.2M | $1.5M | 20x | |
| KuCoin KIOXIAUSDTM | +0.0007% | 8h | 371.08 | −0.016% | $41K | $126K | 20x | as long as short |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −7.606% | — | — | 10x | as long as short |
| HTX KIOXIA-USDT | +0.0100% | 1h | 371.55 | +0.110% | $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