Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: OKX against BingX+0.107%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 7 days−0.071%−$7 · spread now +0.107%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.104% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX POL-USDC | 0.1121 | 0.0100 | pay 0.0050% / 4h | 3h 17m | — | $1.6M | — |
| Short | OKX POL-USDT-SWAP | 0.1122 | 0.0100 | get 0.0050% / 4h | 3h 17m | $5.8M | $10.6M | 50x |
BingX POL-USDC
OKX POL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +0.107% → +0.003%
- $10.43
- Slippage, 4 orders
- −$129.04
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$138.61
- Costs to cover
- 1.490%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; OKX: live order book, 5 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 BingX live order book, 14 min ago | 4.47 bp | 51.4 bp −$51 | 232.9 bp −$2,329 | 1077.9 bp −$107.8K | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.23 bp | 15.4 bp −$15 | 57.3 bp −$573 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_POLUSD | −0.0239% | 1h | 0.1122 | +0.056% | $1.2M | $1.3M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0152% | 1h | 0.1116 | −0.455% | $204K | $199K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1119 | −0.176% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1120 | −0.068% | $24K | — | 150x | as long as short |
| dYdX POL-USD | +0.0020% | 1h | 0.1120 | −0.061% | $17K | $4K | 5x | as long as short |
| Orderly PERP_POL_USDC | +0.0023% | 4h | 0.1120 | −0.134% | $11K | $164K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.901% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1123 | +0.158% | $293K | $585K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1121 | −0.027% | $372K | $303K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1123 | +0.152% | $17.3M | $44.3M | 75x | as long as short |
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
dYdX POL-USD
Orderly PERP_POL_USDC
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1123 | +0.125% | $16.2M | $13.0M | 75x | as long as short |
| OKX POL-USDT-SWAPshort | +0.0100% | 4h | 0.1122 | +0.107% | $5.8M | $10.6M | 50x | |
| Gate POL_USDT | +0.0100% | 4h | 0.1120 | −0.116% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1122 | +0.089% | $24.3M | $3.7M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1121 | −0.045% | $3.0M | $980K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1123 | +0.152% | $4.2M | $4.8M | 50x | as long as short |
| BingX POL-USDClong | +0.0100% | 4h | 0.1121 | long leg | — | $1.6M | — | |
| Variational Omni POL | +0.0100% | 4h | 0.1121 | −0.016% | $620K | $224K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1121 | −0.029% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1122 | +0.080% | $199K | $646K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1122 | +0.055% | $94K | $449K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1119 | −0.185% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0149% | 1h | 0.1125 | +0.348% | $7.6M | $3.9M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0217% / S −0.0750% | 1h | 0.1120 | −0.075% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1120 | −0.062% | $911K | $159K | 75x | as long as short |
Bybit POLUSDT
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
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT