Funding you earn now, next payment 06:00 UTC+0.0185%/8h= +20.3% APRpaid last 24h +0.035%
Price spread now: KuCoin against Polymarket Perps+0.077%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days+0.517%+$52 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now +0.077%, 7d avg +0.041%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.035% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARB-USD | 0.2220 | −0.0085 | get 0.0011% / 1h | 6m 22s | $76K | $2.1M | 10x |
| Short | KuCoin ARBUSDTM | 0.2222 | 0.0100 | get 0.0100% / 8h | 2h 06m | $19.8M | $14.4M | 75x |
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
- $38.93
- Price spread: +0.077% → +0.041%
- $3.53
- Slippage, 4 orders
- −$28.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$5.56
- Costs to cover
- 0.480%
- Break-even
- 8.0 days
Slippage from Polymarket Perps: live order book, 2 min ago; KuCoin: 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, 2 min ago | 2.04 bp | 7.6 bp −$8 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 1.81 bp | 18.6 bp −$19 | 46.9 bp −$469 | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1581% | 1h | 0.2207 | −0.581% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2222 | +0.099% | $7K | $236 | 10x | as long as short |
| Variational Omni ARB | −0.0090% | 8h | 0.2206 | −0.641% | $1.8M | $3.0M | — | as long as short |
| Polymarket Perps ARB-USDlong | −0.0085% | 1h | 0.2220 | long leg | $76K | $2.1M | 10x | |
| Kraken Futures PF_ARBUSD | −0.0073% | 1h | 0.2225 | +0.234% | $1.1M | $4.5M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0055% | 8h | 0.2223 | +0.122% | $22.1M | $146.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0054% | 8h | 0.2223 | +0.153% | $41.8M | $62.0M | 200x | as long as short |
| Bybit ARBUSDT | −0.0052% | 8h | 0.2223 | +0.162% | $55.0M | $126.4M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2223 | +0.140% | $12K | $406K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2220 | −0.013% | $66K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2224 | +0.180% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2224 | +0.185% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0056% | 8h | 0.2223 | +0.140% | $21.3M | $34.7M | 50x | as long as short |
| Gate ARB_USDT | +0.0081% | 8h | 0.2223 | +0.140% | $5.5M | $18.4M | 60x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2222 | +0.074% | $484K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2219 | −0.054% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2222 | +0.081% | $37.3M | $49.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2224 | +0.165% | $638K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2219 | −0.018% | $43K | $150K | 10x | as long as short |
| Binance ARBUSDT | +0.0100% | 8h | 0.2224 | +0.176% | $63.6M | $300.9M | 75x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2222 | +0.077% | $19.8M | $14.4M | 75x | |
| BingX ARB-USDT | +0.0100% | 8h | 0.2224 | +0.185% | — | $54.0M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2208 | −0.556% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2207 | −0.581% | $473K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2206 | −0.626% | $119K | $281K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2224 | +0.185% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2224 | +0.176% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2222 | +0.099% | $297K | $885K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2221 | +0.050% | $5.0M | $12.8M | 50x | as long as short |
| Extended ARB-USD | +0.0104% | 1h | 0.2222 | +0.109% | $352K | $2.8M | 25x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2225 | +0.210% | $141K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0220% | 8h | 0.2223 | +0.122% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2224 | +0.197% | $841K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2223 | +0.140% | $515K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2218 | −0.082% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0744% | 1h | 0.2225 | +0.230% | $998K | $2.8M | 20x | as long as short |
Polymarket Perps ARB-USD
KuCoin ARBUSDTM
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
RISEx ARB/USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Binance ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP