Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.09320 | +0.0100 | pay 0.0050% / 4h | 3h 44m | $13.5M | $17.3M | 75x | Long Binance | |
| SHORT | 0.09313 | −0.0287 | pay 0.0036% / 1h | 44m 44s | $159K | $137K | 50x | Short Deribit |
Price gap−0.078%
Funding gap−0.0387% /8h
Both sides work against this direction now: funding costs $12 a day on $10k and the gap is 0.044% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0387% /8h now · paid −0.013% over the last 7D
Price−$4spread −0.078% now, avg −0.034% → −0.044% if it goes back
Costs−$510.512% of $10k · taker + slippage, in and out
Result−$57−0.57%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.013% in total, about −0.0006%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.078%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPOL on 26 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books12.9 / 11.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $200Binance 75x, Deribit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$11.60Long Binance: 6 payments, −$3.00; short Deribit: 24 payments, −$8.60.
- Watch: Gap narrower than usual−0.078% vs −0.034%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$159K vs $13.5M OIDeribit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Deribit YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0006%/8h × 21 periods−$1.26
Price spread−0.078% → −0.034% (7d avg)−$4.39
Slippage, 4 orderslive order books−$34.19
Fee Binance bp × 2 orders−$10.00
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k−$56.84
Costs to cover0.512%Break-evennever at this rate
Slippage: Binance: live order book, 14 min ago; Deribit: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance1.6212.9 bp−$1329.1 bp−$291196.3 bp−$19.6Kdoesn’t fit
SELL · SHORTDeribit8.0311.5 bp−$12doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
POL news
posts that mention POL, from every exchange| 11-03 07:08 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 11-01 12:36 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ZEC: ZEC ✅ TON: USDT, GRAM ✅ SUI: SUI Already Enabled: ✅ BTC: BTC ✅ ETH: ETH, USDT, USDC ✅ BSC: BNB, USDT, USDC ✅ XRP: XRP ✅ Base: ETH, USDC ✅ DOGE: DOGE ✅ OP (Optimism): ETH, USDT, USDC ✅ ARBITRUM: ARB, ETH, USDT, USDC ✅ TRX: TRX, USDT ✅ SOL: SOL, USDT, USDC ✅ MATIC (Polygon): POL, USDT, USDC ✅ AVAXC: AVAX, USDT, USDC We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 11-01 11:31 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ MATIC (Polygon): POL, USDT, USDC ✅ AVAXC: AVAX, USDT, USDC Already Enabled: ✅ BTC: BTC ✅ ETH: ETH, USDT, USDC ✅ BSC: BNB, USDT, USDC ✅ XRP: XRP ✅ Base: ETH, USDC ✅ DOGE: DOGE ✅ OP (Optimism): ETH, USDT, USDC ✅ ARBITRUM: ARB, ETH, USDT, USDC ✅ TRX: TRX, USDT ✅ SOL: SOL, USDT, USDC We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 10-29 01:05 | MEXC | Listing | POL_USDC no longer reported ($POL) seen by our collector |
| 09-28 14:42 | Deribit | Listing | 🚨 Pre-IPO Anthropic, POL & OPG USDC Perpetuals. Now Live Deribit has launched the following USDC-settled perpetual markets: ANTH_USDC | POL_USDC | OPG_USDC Read more 👉 Disclaimer: Deribit FZE is authorised and regulated by the Virtual Assets Regulatory Authority (VARA) in Dubai. Availability of products and services is subject to applicable regulatory requirements and investor classification. Virtual Assets are subject to extreme market volatility, involve a high degree of risk, and can lose value, in part or in full. Deribit does not endorse, sponsor, or have any affiliation with Anthropic. Any use of a referenced company’s name or marks is nominative and limited to what is necessary to identify the relevant category. @DeribitOfficial on X ↗ |
| 09-28 13:03 | Deribit | Listing | new market POL_USDC-PERPETUAL ($POL) seen by our collector |


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