Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.020%
Price spread now: Polymarket Perps against KuCoin−0.090%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2062.059% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days+0.121%+$12 · spread now −0.090%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.057% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COINUSDTM | 200.14 | 0.0100 | pay 0.0100% / 8h | 6h 59m | $1.0M | $120K | 20x |
| Short | Polymarket Perps COIN-USD | 199.96 | 0.0050 | get 0.0006% / 1h | 59m 20s | $129K | $1.2M | 10x |
KuCoin COINUSDTM
Polymarket Perps COIN-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
- −$10.5
- Price spread: −0.090% → −0.033%
- −$5.66
- Slippage, 4 orders
- −$185.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$222.11
- Costs to cover
- 2.059%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Polymarket Perps: 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 KuCoin live order book, 5 min ago | 11.69 bp | 65.3 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 2.49 bp | 6.5 bp −$7 | 7.5 bp −$75 | 10.4 bp −$1,040 | 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 | 200.01 | −0.065% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 200.03 | −0.056% | $366K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 199.99 | −0.077% | $119K | $705K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 200.02 | −0.058% | $15.6M | $75.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 200.10 | −0.020% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 200.05 | −0.045% | $3.2M | $4.4M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 200.11 | −0.015% | $1.3M | $6.7M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 200.11 | −0.015% | $6.8M | $9.1M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 200.23 | +0.045% | $830K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 200.31 | +0.085% | $13K | $2.0M | 10x | as long as short |
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
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 199.91 | −0.115% | $1.4M | $3.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 199.97 | −0.085% | $429K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 200.44 | +0.150% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 199.77 | −0.185% | — | $286K | 25x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 199.96 | −0.090% | $129K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 199.95 | −0.095% | $102 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 199.87 | −0.135% | $355K | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0080% | 1h | 200.00 | −0.071% | $395K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTMlong | +0.0100% | 8h | 200.14 | long leg | $1.0M | $120K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 200.36 | +0.110% | $90K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 199.96 | −0.090% | $578 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 199.98 | −0.078% | $118 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 200.21 | +0.035% | $199K | $339K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 200.30 | +0.080% | $5K | $250K | 10x | as long as short |
| edgeX COINUSDC | +0.0289% | 4h | 200.57 | +0.214% | $52K | $295K | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0463% | 1h | 200.03 | −0.055% | $16.8M | $12.7M | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC
tradeXYZ xyz:COIN