Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against Bitget−0.152%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$570.566% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 7 days+0.105%+$10 · spread now −0.152%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.131% cheaper against Bitget than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget POLUSDT | 0.1120 | 0.0100 | pay 0.0050% / 4h | 37m 16s | $4.2M | $5.5M | 50x |
| Short | Bybit POLUSDT | 0.1118 | 0.0100 | get 0.0050% / 4h | 37m 16s | $16.1M | $15.4M | 75x |
Bitget POLUSDT
Bybit POLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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: −0.152% → −0.021%
- −$13.1
- Slippage, 4 orders
- −$33.56
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$69.66
- Costs to cover
- 0.566%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 1 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 Bitget live order book, 1 min ago | 3.57 bp | 15.2 bp −$15 | 26.8 bp −$268 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.45 bp | 12.4 bp −$12 | 32.9 bp −$329 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1119 | −0.089% | $205K | $225K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1120 | −0.007% | $1.2M | $1.8M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1119 | −0.101% | $3K | — | — | as long as short |
| dYdX POL-USD | +0.0002% | 1h | 0.1121 | +0.077% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1120 | −0.008% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0007% | 4h | 0.1119 | −0.080% | $11K | $190K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.804% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1119 | −0.058% | $299K | $572K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1120 | +0.012% | $372K | $353K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1119 | −0.080% | $17.2M | $50.5M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) 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 POLUSDTshort | +0.0100% | 4h | 0.1118 | −0.152% | $16.1M | $15.4M | 75x | |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1119 | −0.107% | $5.8M | $11.8M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | −0.080% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1119 | −0.062% | $24.3M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1119 | −0.089% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDTlong | +0.0100% | 4h | 0.1120 | long leg | $4.2M | $5.5M | 50x | |
| BingX POL-USDT | +0.0100% | 4h | 0.1119 | −0.080% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1121 | +0.072% | $662K | $189K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1122 | +0.161% | $1.1M | $3.2M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1122 | +0.179% | $199K | $656K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1119 | −0.091% | $94K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1118 | −0.223% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0216% / S −0.0750% | 1h | 0.1120 | −0.020% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0297% | 1h | 0.1121 | +0.107% | $7.6M | $4.0M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1119 | −0.062% | $913K | $169K | 75x | as long as short |
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
BloFin POL-USDT