Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.366%
Price spread now: dYdX against BingX−0.118%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.118% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX POL-USDT | 0.1105 | 0.0100 | pay 0.0050% / 4h | 2h 30m | — | $7.2M | — |
| Short | dYdX POL-USD | 0.1104 | 0 | get 0.0000% / 1h | 30m 11s | $17K | $4K | 5x |
BingX POL-USDT
dYdX POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against BingX. 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: −0.118% → 0.000%
- −$11.77
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$52.77
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 3 min ago; dYdX: no order-book sample. 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 BingX live order book, 3 min ago | 2.26 bp | 12.4 bp −$12 | 28.2 bp −$282 | 112.1 bp −$11.2K | 499.7 bp −$249.9K |
| Sell dYdX no order-book sample | — | — | — | — | — |
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 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0312% | 1h | 0.1101 | −0.344% | $203K | $204K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1104 | −0.081% | $3K | — | — | as long as short |
| dYdX POL-USDshort | 0.0000% | 1h | 0.1104 | −0.118% | $17K | $4K | 5x | |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1104 | −0.037% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.561% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0039% | 4h | 0.1104 | −0.045% | $11K | $329K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1105 | +0.033% | $285K | $576K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1105 | +0.022% | $367K | $275K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1105 | +0.018% | $17.1M | $44.1M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1105 | −0.009% | $16.0M | $12.5M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Orderly PERP_POL_USDC
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1105 | +0.018% | $5.7M | $10.5M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1104 | −0.081% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1105 | 0.000% | $23.9M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1105 | −0.009% | $2.9M | $1.0M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1105 | +0.054% | $4.2M | $4.9M | 50x | as long as short |
| BingX POL-USDTlong | +0.0100% | 4h | 0.1105 | long leg | — | $7.2M | — | |
| Variational Omni POL | +0.0100% | 4h | 0.1103 | −0.156% | $611K | $224K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1102 | −0.231% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1104 | −0.072% | $195K | $640K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1104 | −0.045% | $95K | $451K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1104 | −0.118% | $40K | — | 3x | as long as short |
| Kraken Futures PF_POLUSD | +0.0116% | 1h | 0.1106 | +0.087% | $1.2M | $1.2M | 50x | as long as short |
| Hyperliquid POL | +0.0195% | 1h | 0.1107 | +0.217% | $7.5M | $3.8M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1105 | −0.014% | $3K | — | 100x | as long as short |
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
Kraken Futures PF_POLUSD
Hyperliquid POL
GMX POL/USD [ETH-USDC]