Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.365%
Price spread now: KuCoin against dYdX+0.107%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.107% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX POL-USD | 0.1120 | 0 | get 0.0000% / 1h | 45m 43s | $17K | $3K | 5x |
| Short | KuCoin POLUSDTM | 0.1121 | 0.0100 | get 0.0050% / 4h | 1h 45m | $2.8M | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against dYdX. 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
- $21
- Price spread: +0.107% → 0.000%
- $10.72
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $9.72
- Costs to cover
- 0.220%
- Break-even
- 3.8 days
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 1 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 1 min ago | 7.15 bp | 26.1 bp −$26 | 132.7 bp −$1,327 | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
POL on 25 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 POL/USDC PERP | −0.0162% | 1h | 0.1111 | −0.795% | $3K | $124K | 12x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1111 | −0.795% | $202K | $250K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1120 | +0.044% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0025% | 4h | 0.1119 | −0.071% | $11K | $203K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1119 | −0.110% | $3K | — | — | as long as short |
| dYdX POL-USDlong | 0.0000% | 1h | 0.1120 | long leg | $17K | $3K | 5x | |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1120 | −0.016% | $22K | — | 150x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1121 | +0.081% | $305K | $564K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1120 | +0.009% | $372K | $359K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1121 | +0.103% | $17.1M | $51.4M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1120 | +0.054% | $16.1M | $16.0M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1121 | +0.080% | $5.8M | $12.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | −0.071% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1121 | +0.080% | $23.7M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTMshort | +0.0100% | 4h | 0.1121 | +0.107% | $2.8M | $1.1M | 50x | |
| Bitget POLUSDT | +0.0100% | 4h | 0.1121 | +0.107% | $4.2M | $5.9M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1120 | +0.018% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1119 | −0.089% | $661K | $211K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | −0.057% | $1.1M | $3.4M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1119 | −0.080% | $198K | $661K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1119 | −0.052% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1118 | −0.170% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0189% | 1h | 0.1123 | +0.265% | $7.6M | $4.6M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1119 | −0.037% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1119 | −0.116% | $904K | $168K | 75x | as long as short |
KuCoin POLUSDTM
Injective POL/USDC PERP
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT