Funding you earn now, next payment 03:00 UTC−0.1002%/8h= −109.7% APRpaid last 24h +0.142%
Price spread now: Polymarket Perps against KuCoin+0.130%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$674as in the Funding arb table
Net, price: spread back to 7d avg − costs−$673as in the Price arb table
costs, in and out, $10k−$6826.816% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.835%−$84 · spread now +0.130%, 7d avg +0.043%
=The price spread pays, funding is against you. Polymarket Perps is 0.086% dearer against KuCoin than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.043%): +$9 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.072%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.072% in total (about 3.8% 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 | 370.39 | 0.0100 | pay 0.0100% / 8h | 5h 24m | $41K | $143K | 20x |
| Short | Polymarket Perps KIOXIA-USD | 370.87 | −0.0902 | pay 0.0113% / 1h | 24m 22s | $5K | $221K | 10x |
Funding 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
- −$210.42
- Price spread: +0.130% → +0.043%
- $8.63
- Slippage, 4 orders
- −$661.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$883.35
- Costs to cover
- 6.816%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 64 min ago; Polymarket Perps: live order book, 38 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, 64 min ago | 21.24 bp | 421.3 bp −$421 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 38 min ago | 3.24 bp | 8.9 bp −$9 | 18.7 bp −$187 | 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 | −0.0902% | 1h | 370.87 | +0.130% | $5K | $221K | 10x | |
| Extended KIOXIA-USD | −0.0840% | 1h | 371.09 | +0.189% | $5K | — | 10x | as long as short |
| tradeXYZ xyz:KIOXIA | −0.0839% | 1h | 371.07 | +0.184% | $10.4M | $3.1M | 10x | as long as short |
| OKX KIOXIA-USDT-SWAP | 0.0000% | 8h | 370.84 | +0.121% | $433K | $420K | 10x | as long as short |
| Gate KIOXIA_USDT | 0.0000% | 8h | 370.77 | +0.103% | $72K | $21K | 20x | as long as short |
| Bitget KIOXIAUSDT | 0.0000% | 8h | 369.60 | −0.213% | $2.2M | $1.5M | 20x | as long as short |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −7.419% | — | — | 10x | as long as short |
| KuCoin KIOXIAUSDTMlong | +0.0100% | 8h | 370.39 | long leg | $41K | $143K | 20x | |
| HTX KIOXIA-USDT | +0.0100% | 1h | 370.84 | +0.121% | $7K | $42K | 10x | as long as short |
KuCoin KIOXIAUSDTM
Polymarket Perps KIOXIA-USD
Extended KIOXIA-USD
tradeXYZ xyz:KIOXIA
OKX KIOXIA-USDT-SWAP
Gate KIOXIA_USDT
Bitget KIOXIAUSDT
Lighter KIOXIA
HTX KIOXIA-USDT