Funding you earn now, next payment 03:00 UTC+0.1002%/8h= +109.7% APRpaid last 24h −0.142%
Price spread now: KuCoin against Polymarket Perps−0.302%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$689as in the Funding arb table
Net, price: spread back to 7d avg − costs−$707as 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)+1.008%+$101 · spread now −0.302%, 7d avg −0.043%
=Funding pays, the price is against you. KuCoin is 0.259% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.302% now, against its 7-day average of −0.043%). If the spread goes back, that is −$26 on $10k: about 21 hours of funding at the current rate (+$30 a day). 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.
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 | Polymarket Perps KIOXIA-USD | 370.87 | −0.0902 | get 0.0113% / 1h | 24m 15s | $5K | $221K | 10x |
| Short | KuCoin KIOXIAUSDTM | 369.75 | 0.0100 | get 0.0100% / 8h | 5h 24m | $41K | $143K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $210.42
- Price spread: −0.302% → −0.043%
- −$25.87
- Slippage, 4 orders
- −$661.56
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$497.01
- Costs to cover
- 6.816%
- Break-even
- 23.5 days
Slippage from Polymarket Perps: live order book, 38 min ago; KuCoin: live order book, 64 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, 38 min ago | 3.24 bp | 10.9 bp −$11 | 20.6 bp −$206 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 21.24 bp | 240.5 bp −$240 | doesn't fit | 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 | −0.0902% | 1h | 370.87 | long leg | $5K | $221K | 10x | |
| Extended KIOXIA-USD | −0.0840% | 1h | 371.04 | +0.046% | $5K | — | 10x | as long as short |
| tradeXYZ xyz:KIOXIA | −0.0839% | 1h | 371.07 | +0.054% | $10.4M | $3.1M | 10x | as long as short |
| OKX KIOXIA-USDT-SWAP | 0.0000% | 8h | 370.84 | −0.008% | $433K | $420K | 10x | as long as short |
| Gate KIOXIA_USDT | 0.0000% | 8h | 370.77 | −0.027% | $72K | $21K | 20x | as long as short |
| Bitget KIOXIAUSDT | 0.0000% | 8h | 369.60 | −0.342% | $2.2M | $1.5M | 20x | as long as short |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −7.539% | — | — | 10x | as long as short |
| KuCoin KIOXIAUSDTMshort | +0.0100% | 8h | 369.75 | −0.302% | $41K | $143K | 20x | |
| HTX KIOXIA-USDT | +0.0100% | 1h | 370.84 | −0.008% | $7K | $42K | 10x | as long as short |
Polymarket Perps KIOXIA-USD
KuCoin KIOXIAUSDTM
Extended KIOXIA-USD
tradeXYZ xyz:KIOXIA
OKX KIOXIA-USDT-SWAP
Gate KIOXIA_USDT
Bitget KIOXIAUSDT
Lighter KIOXIA
HTX KIOXIA-USDT