Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.038%
Price spread now: BingX against Injective+0.972%7-day average +0.250% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.517%+$152 on $10k
+Price spread, last 3 days (all we have)+1.159%+$116 · spread now +0.972%, 7d avg +0.250%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.722% dearer against Injective than usual: you sell high and buy low: +$72 more if the spread goes back to its 7-day average of +0.250%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective POL/USDC PERP | 0.1111 | 0.0033 | pay 0.0004% / 1h | 43m 09s | $3K | $124K | 12x |
| Short | BingX POL-USDC | 0.1122 | 0.0100 | get 0.0050% / 4h | 3h 43m | — | $1.7M | — |
Injective POL/USDC PERP
BingX POL-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- $14
- Price spread: +0.972% → +0.250%
- $72.2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $76.18
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 51 min ago; BingX: live order book, 9 min ago. 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 Injective live order book, 51 min ago | 76.20 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.47 bp | 56.5 bp −$56 | 219.1 bp −$2,191 | 1168.9 bp −$116.9K | 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 | 0.1123 | +1.074% | $1.2M | $1.3M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0152% | 1h | 0.1115 | +0.360% | $204K | $200K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1122 | +0.954% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1121 | +0.875% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1123 | +1.051% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0015% | 4h | 0.1122 | +0.999% | $11K | $175K | 20x | as long as short |
| Injective POL/USDC PERPlong | +0.0033% | 1h | 0.1111 | long leg | $3K | $124K | 12x | |
| Lighter POL | +0.0096% | 1h | 0.1123 | +1.040% | $294K | $579K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1121 | +0.926% | $373K | $340K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1122 | +1.017% | $17.3M | $46.0M | 75x | as long as short |
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
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 | 0.1122 | +0.981% | $16.2M | $13.4M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1122 | +1.008% | $5.8M | $11.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1120 | +0.801% | $1.9M | $1.2M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1123 | +1.035% | $24.3M | $3.7M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1122 | +0.972% | $3.0M | $1.0M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1122 | +1.017% | $4.2M | $4.9M | 50x | as long as short |
| BingX POL-USDCshort | +0.0100% | 4h | 0.1122 | +0.972% | — | $1.7M | — | |
| Variational Omni POL | +0.0100% | 4h | 0.1118 | +0.664% | $619K | $225K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | +0.733% | $1.1M | $3.0M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1118 | +0.630% | $197K | $643K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1122 | +0.995% | $93K | $527K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1122 | +0.990% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0133% | 1h | 0.1124 | +1.152% | $7.6M | $3.9M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0217% / S −0.0750% | 1h | 0.1123 | +1.052% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1119 | +0.684% | $909K | $159K | 75x | as long as short |
Bybit POLUSDT
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
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT