Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.09269 | spot | no funding | — | — | $1.5M | 1x | Buy Bybit Spot | |
| SHORT | 0.09266 | +0.0100 | get 0.0050% / 4h | 3h 48m | $13.0M | $6.9M | 75x | Short Bybit |
Price gap−0.038%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.054% above its 7d average: +$5 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8+0.0100% /8h now · paid −0.082% over the last 7D
Price+$5spread −0.038% now, avg −0.092% → +0.054% if it goes back
Costs−$910.909% of $10k · taker + slippage, in and out
Result−$94−0.94%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.038%
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
2 ok · 2 to watch- Watch: Thin at this size37.7 / 13.6 bpAt $10k entering Bybit Spot costs 37.7 bp, fee and slippage, 2.8× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $133The spot leg is bought with the whole $10k; Bybit runs at up to 75x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; Bybit settles every 4h.Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
- OK: Entry gap works for you−0.038% vs −0.092%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$13.0M OIOnly Bybit reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Spot Yes · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0039%/8h × 21 periods−$8.20
Price spread−0.038% → −0.092% (7d avg)+$5.43
Slippage, 4 orderslive order books−$59.89
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$93.66
Costs to cover0.909%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 13 min ago; Bybit: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot1.6137.7 bp−$38doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit0.5413.6 bp−$1441.9 bp−$419doesn’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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