Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against OKX+0.027%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days−0.035%−$4 · spread now +0.027%, 7d avg +0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX POL-USDT-SWAP | 0.1119 | 0.0100 | pay 0.0050% / 4h | 31m 01s | $5.8M | $11.8M | 50x |
| Short | Binance POLUSDT | 0.1119 | 0.0100 | get 0.0050% / 4h | 31m 01s | $17.2M | $50.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: +0.027% → +0.007%
- $1.97
- Slippage, 4 orders
- −$28.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46.32
- Costs to cover
- 0.483%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 11 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 OKX live order book, 2 min ago | 1.79 bp | 15.5 bp −$15 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.45 bp | 8.3 bp −$8 | 19.9 bp −$199 | 103.7 bp −$10.4K | 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 | 0.1117 | −0.143% | $204K | $224K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1120 | +0.106% | $1.2M | $1.8M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1119 | −0.001% | $3K | — | — | as long as short |
| dYdX POL-USD | +0.0002% | 1h | 0.1119 | +0.042% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1119 | +0.057% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0008% | 4h | 0.1119 | 0.000% | $11K | $189K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.679% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1119 | +0.047% | $299K | $572K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1119 | +0.074% | $372K | $353K | 20x | as long as short |
| Binance POLUSDTshort | +0.0100% | 4h | 0.1119 | +0.027% | $17.2M | $50.3M | 75x |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1118 | −0.045% | $16.1M | $15.3M | 75x | as long as short |
| OKX POL-USDT-SWAPlong | +0.0100% | 4h | 0.1119 | long leg | $5.8M | $11.8M | 50x | |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | 0.000% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1119 | +0.063% | $24.3M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1119 | 0.000% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1120 | +0.089% | $4.1M | $5.5M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1119 | 0.000% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1118 | −0.070% | $660K | $183K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1118 | −0.039% | $1.1M | $3.2M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1120 | +0.125% | $198K | $656K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1119 | +0.007% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1117 | −0.110% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0216% / S −0.0750% | 1h | 0.1119 | +0.069% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0296% | 1h | 0.1121 | +0.200% | $7.6M | $4.0M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1119 | 0.000% | $911K | $169K | 75x | as long as short |
OKX POL-USDT-SWAP
Binance POLUSDT
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Bybit POLUSDT
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
GMX POL/USD [ETH-USDC]
Hyperliquid POL
BloFin POL-USDT