Funding you earn now, next payment 12:00 UTC+0.0092%/8h= +10.0% APRnext payment +$0.46 per $10,000 · paid last 24h −0.061%
Price spread now: KuCoin against BloFin+0.082%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$970.969% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+1.397%+$140 · spread now +0.082%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.028% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin POL-USDT | 0.1100 | 0.0008 | pay 0.0004% / 4h | 3h 16m | $898K | $146K | 75x |
| Short | KuCoin POLUSDTM | 0.1101 | 0.0100 | get 0.0050% / 4h | 3h 16m | $2.9M | $833K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $19.27
- Price spread: +0.082% → +0.054%
- $2.79
- Slippage, 4 orders
- −$72.91
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$74.85
- Costs to cover
- 0.969%
- Break-even
- 34.2 days
Slippage from BloFin: live order book, 60 min ago; KuCoin: live order book, 10 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 BloFin live order book, 60 min ago | 1.38 bp | 13.7 bp −$14 | 18.5 bp −$185 | 63.7 bp −$6,374 | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 3.66 bp | 39.1 bp −$39 | 168.3 bp −$1,683 | doesn't fit | doesn't fit |
POL on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0600% | 1h | 0.1098 | −0.155% | $200K | $180K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0472% | 1h | 0.1101 | +0.095% | $1.2M | $975K | 50x | as long as short |
| Gate POL_USDT | −0.0260% | 4h | 0.1099 | −0.073% | $1.8M | $1.2M | 75x | as long as short |
| Orderly PERP_POL_USDC | −0.0115% | 4h | 0.1100 | −0.018% | $11K | $2.4M | 20x | as long as short |
| Bybit POLUSDT | −0.0114% | 4h | 0.1099 | −0.027% | $15.8M | $9.3M | 75x | as long as short |
| GRVT POL_USDT_Perp | −0.0082% | 4h | 0.1099 | −0.081% | $1.1M | $2.9M | 10x | as long as short |
| OKX POL-USDT-SWAP | −0.0080% | 4h | 0.1100 | +0.073% | $5.7M | $9.2M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1099 | −0.047% | $3K | — | — | as long as short |
| Extended POL-USD | 0.0000% | 1h | 0.1100 | +0.019% | $92K | $521K | 10x | as long as short |
| MEXC POL_USDT | +0.0002% | 4h | 0.1100 | +0.027% | $25.3M | $3.4M | 125x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDT | +0.0002% | 4h | 0.1100 | +0.045% | $16.8M | $35.0M | 75x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1101 | +0.090% | $9K | — | 150x | as long as short |
| BloFin POL-USDTlong | +0.0008% | 4h | 0.1100 | long leg | $898K | $146K | 75x | |
| ApeX Omni POLUSDT | +0.0029% | 1h | 0.1102 | +0.209% | $156K | $662K | 50x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.028% | $3K | $124K | 12x | as long as short |
| Aevo POL-PERP | +0.0080% | 1h | 0.1098 | −0.119% | $40K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1100 | +0.068% | $273K | $543K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1102 | +0.182% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1100 | −0.008% | $364K | $167K | 20x | as long as short |
| KuCoin POLUSDTMshort | +0.0100% | 4h | 0.1101 | +0.082% | $2.9M | $833K | 50x | |
| Bitget POLUSDT | +0.0100% | 4h | 0.1100 | +0.027% | $4.0M | $3.7M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1100 | +0.018% | — | $7.1M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1101 | +0.095% | $609K | $167K | — | as long as short |
| dYdX POL-USD | +0.0148% | 1h | 0.1101 | +0.109% | $23K | $8K | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0164% / S −0.0294% | 1h | 0.1101 | +0.099% | $3K | — | 100x | as long as short |
BloFin POL-USDT
KuCoin POLUSDTM
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Gate POL_USDT
Bybit POLUSDT
GRVT POL_USDT_Perp
OKX POL-USDT-SWAP
Extended POL-USD
MEXC POL_USDT
Binance POLUSDT
gTrade (Gains Network) POL/USD
ApeX Omni POLUSDT
Injective POL/USDC PERP
Lighter POL
Hyperliquid POL
Aster POLUSDT
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GMX POL/USD [ETH-USDC]