Funding you earn now, next payment 21:00 UTC+0.1432%/8h= +156.8% APRpaid last 24h −0.034%
Price spread now: Bitget against Polymarket Perps−0.294%50s7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 3 days (all we have)+1.107%+$111 · spread now −0.294%, 7d avg −0.097%
=Funding pays, the price is against you. Bitget is 0.197% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.294% now, against its 7-day average of −0.097%). If the spread goes back, that is −$20 on $10k: about 11 hours of funding at the current rate (+$43 a day). Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% 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 | Polymarket Perps KIOXIA-USD | 370.69 | −0.1432 | get 0.0179% / 1h | 30m 34s | $6K | $273K | 10x |
| Short | Bitget KIOXIAUSDT | 369.60 | 0 | get 0.0000% / 8h | 3h 30m | $2.1M | $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
- $300.75
- Price spread: −0.294% → −0.097%
- −$19.69
- Slippage, 4 orders
- −$48.62
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $212.45
- Costs to cover
- 0.686%
- Break-even
- 2.1 days
Slippage from Polymarket Perps: live order book, 17 min ago; Bitget: live order book, 2 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, 17 min ago | 0.81 bp | 17.1 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.19 bp | 24.6 bp −$25 | 115.5 bp −$1,155 | 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-USDlong | −0.1432% | 1h | 370.69 | long leg | $6K | $273K | 10x | |
| tradeXYZ xyz:KIOXIA | −0.1295% | 1h | 370.68 | −0.003% | $10.3M | $3.2M | 10x | as long as short |
| Extended KIOXIA-USD | −0.1280% | 1h | 370.67 | −0.007% | $5K | — | 10x | as long as short |
| KuCoin KIOXIAUSDTM | −0.0838% | 8h | 369.34 | −0.364% | $41K | $105K | 20x | as long as short |
| OKX KIOXIA-USDT-SWAP | 0.0000% | 8h | 370.70 | +0.003% | $415K | $412K | 10x | as long as short |
| Gate KIOXIA_USDT | 0.0000% | 8h | 370.77 | +0.022% | $74K | $20K | 20x | as long as short |
| Bitget KIOXIAUSDTshort | 0.0000% | 8h | 369.60 | −0.294% | $2.1M | $1.5M | 20x | |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −7.494% | — | — | 10x | as long as short |
| HTX KIOXIA-USDT | +0.0100% | 1h | 370.35 | −0.092% | $7K | $42K | 10x | as long as short |
tradeXYZ xyz:KIOXIA
Extended KIOXIA-USD
KuCoin KIOXIAUSDTM
OKX KIOXIA-USDT-SWAP
Gate KIOXIA_USDT
Lighter KIOXIA
HTX KIOXIA-USDT