Funding you earn now, next payment 04:00 UTC−0.1550%/8h= −169.7% APRpaid last 24h +0.042%
Price spread now: Polymarket Perps against Bitget+0.303%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.810%−$81 · spread now +0.303%, 7d avg +0.117%
=The price spread pays, funding is against you. Polymarket Perps is 0.187% dearer against Bitget than usual: you sell high and buy low (spread +0.303% now, against its 7-day average of +0.117%): +$19 on $10k if it goes back. Holding the pair costs −$46 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.004% in total) that is about 11 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.004% in total (about -0.2% 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 | 369.04 | 0 | get 0.0000% / 8h | 4h 38m | $2.2M | $1.4M | 20x |
| Short | Polymarket Perps KIOXIA-USD | 370.16 | −0.1550 | pay 0.0194% / 1h | 38m 16s | $5K | $222K | 10x |
Funding 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
- −$325.4
- Price spread: +0.303% → +0.117%
- $18.68
- Slippage, 4 orders
- −$47.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$374.66
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Polymarket Perps: live order book, 19 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, 4 min ago | 4.20 bp | 19.7 bp −$20 | 24.3 bp −$243 | 132.2 bp −$13.2K | doesn't fit |
| Sell Polymarket Perps live order book, 19 min ago | 2.83 bp | 10.5 bp −$10 | 18.8 bp −$188 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps KIOXIA-USDshort | −0.1550% | 1h | 370.16 | +0.303% | $5K | $222K | 10x | |
| tradeXYZ xyz:KIOXIA | −0.1186% | 1h | 370.15 | +0.301% | $10.4M | $3.0M | 10x | as long as short |
| Extended KIOXIA-USD | −0.1176% | 1h | 370.14 | +0.297% | $5K | — | 10x | as long as short |
| OKX KIOXIA-USDT-SWAP | 0.0000% | 8h | 370.16 | +0.303% | $433K | $412K | 10x | as long as short |
| Gate KIOXIA_USDT | 0.0000% | 8h | 370.19 | +0.312% | $72K | $21K | 20x | as long as short |
| Bitget KIOXIAUSDTlong | 0.0000% | 8h | 369.04 | long leg | $2.2M | $1.4M | 20x | |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −7.081% | — | — | 10x | as long as short |
| KuCoin KIOXIAUSDTM | +0.0100% | 8h | 369.09 | +0.014% | $41K | $137K | 20x | as long as short |
| HTX KIOXIA-USDT | +0.0100% | 1h | 371.30 | +0.612% | $7K | $42K | 10x | as long as short |
Bitget KIOXIAUSDT
Polymarket Perps KIOXIA-USD
tradeXYZ xyz:KIOXIA
Extended KIOXIA-USD
OKX KIOXIA-USDT-SWAP
Gate KIOXIA_USDT
Lighter KIOXIA
KuCoin KIOXIAUSDTM
HTX KIOXIA-USDT