Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against Gate+0.116%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$790.786% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.116%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.074% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate POL_USDT | 0.1101 | 0.0100 | pay 0.0050% / 4h | 31m 37s | $1.8M | $1.3M | 75x |
| Short | Binance POLUSDT | 0.1102 | 0.0100 | get 0.0050% / 4h | 31m 37s | $17.1M | $42.0M | 75x |
Gate POL_USDT
Binance POLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: +0.116% → +0.042%
- $7.37
- Slippage, 4 orders
- −$53.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$71.26
- Costs to cover
- 0.786%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 10 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 Gate live order book, 1 min ago | 4.09 bp | 22.2 bp −$22 | 186.5 bp −$1,865 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.46 bp | 15.5 bp −$16 | 36.5 bp −$365 | 139.9 bp −$14.0K | 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 | −0.0520% | 1h | 0.1091 | −0.926% | $201K | $195K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1100 | −0.096% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1101 | −0.022% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.890% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0041% | 4h | 0.1100 | −0.100% | $11K | $260K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1103 | +0.138% | $281K | $554K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1102 | +0.068% | $366K | $271K | 20x | as long as short |
| Binance POLUSDTshort | +0.0100% | 4h | 0.1102 | +0.116% | $17.1M | $42.0M | 75x | |
| Bybit POLUSDT | +0.0100% | 4h | 0.1102 | +0.064% | $15.8M | $11.8M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1102 | +0.073% | $5.7M | $10.1M | 50x | 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
Bybit POLUSDT
OKX POL-USDT-SWAPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate POL_USDTlong | +0.0100% | 4h | 0.1101 | long leg | $1.8M | $1.3M | 75x | |
| MEXC POL_USDT | +0.0100% | 4h | 0.1102 | +0.100% | $24.5M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1103 | +0.127% | $2.9M | $976K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1103 | +0.136% | $4.1M | $4.7M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1102 | +0.082% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1093 | −0.762% | $606K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1095 | −0.525% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1099 | −0.200% | $195K | $635K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1102 | +0.103% | $95K | $451K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1099 | −0.200% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0169% | 1h | 0.1104 | +0.236% | $7.5M | $3.7M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1101 | −0.014% | $3K | — | 100x | as long as short |
| dYdX POL-USD | +0.0227% | 1h | 0.1102 | +0.055% | $17K | $2K | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.0314% | 1h | 0.1101 | −0.005% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1098 | −0.254% | $907K | $168K | 75x | as long as short |
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
Hyperliquid POL
GMX POL/USD [ETH-USDC]
dYdX POL-USD
Kraken Futures PF_POLUSD
BloFin POL-USDT