Funding you earn now, next payment 05:00 UTC+0.0780%/8h= +85.5% APRpaid last 24h −0.047%
Price spread now: OKX against Polymarket Perps−0.035%7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1871.872% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)+0.652%+$65 · spread now −0.035%, 7d avg +0.088%
=Funding pays, the price is against you. OKX is 0.123% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.088%). If the spread goes back, that is −$12 on $10k: about 13 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.025% in total) that is about 34 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.025% in total (about 1.3% 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 | 370.55 | −0.0780 | get 0.0098% / 1h | 39m 47s | $6K | $225K | 10x |
| Short | OKX KIOXIA-USDT-SWAP | 370.42 | 0 | get 0.0000% / 8h | 3h 39m | $435K | $418K | 10x |
Polymarket Perps KIOXIA-USD
OKX KIOXIA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $163.9
- Price spread: −0.035% → +0.088%
- −$12.27
- Slippage, 4 orders
- −$169.19
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$35.56
- Costs to cover
- 1.872%
- Break-even
- 8.5 days
Slippage from Polymarket Perps: live order book, 12 min ago; OKX: live order book, 11 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, 12 min ago | 2.97 bp | 10.5 bp −$11 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell OKX live order book, 11 min ago | 8.49 bp | 72.9 bp −$73 | 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 | −0.0780% | 1h | 370.55 | long leg | $6K | $225K | 10x | |
| tradeXYZ xyz:KIOXIA | −0.0457% | 1h | 370.71 | +0.043% | $10.5M | $3.1M | 10x | as long as short |
| Extended KIOXIA-USD | −0.0424% | 1h | 370.71 | +0.042% | $5K | — | 10x | as long as short |
| OKX KIOXIA-USDT-SWAPshort | 0.0000% | 8h | 370.42 | −0.035% | $435K | $418K | 10x | |
| Gate KIOXIA_USDT | 0.0000% | 8h | 370.15 | −0.108% | $74K | $22K | 20x | as long as short |
| Bitget KIOXIAUSDT | 0.0000% | 8h | 369.36 | −0.321% | $2.2M | $1.4M | 20x | as long as short |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −7.459% | — | — | 10x | as long as short |
| KuCoin KIOXIAUSDTM | +0.0100% | 8h | 370.43 | −0.032% | $42K | $126K | 20x | as long as short |
| HTX KIOXIA-USDT | +0.0100% | 1h | 372.15 | +0.432% | $7K | $42K | 10x | as long as short |
tradeXYZ xyz:KIOXIA
Extended KIOXIA-USD
Gate KIOXIA_USDT
Bitget KIOXIAUSDT
Lighter KIOXIA
KuCoin KIOXIAUSDTM
HTX KIOXIA-USDT