Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against Binance−0.715%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.280%−$128 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.715% cheaper against Binance than usual: you would sell low and buy high (−$71 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance POLUSDT | 0.1119 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $17.1M | $51.8M | 75x |
| Short | Injective POL/USDC PERP | 0.1111 | 0.0033 | get 0.0004% / 1h | 11m 05s | $3K | $124K | 12x |
Binance POLUSDT
Injective POL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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: −0.715% → 0.000%
- −$71.49
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$95.51
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 16 min ago; Injective: live order book, 33 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 Binance live order book, 16 min ago | 0.45 bp | 10.6 bp −$11 | 24.6 bp −$246 | 185.0 bp −$18.5K | doesn't fit |
| Sell Injective live order book, 33 min ago | 67.72 bp | doesn't fit | doesn't fit | 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 | −0.0080% | 1h | 0.1111 | −0.715% | $202K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1119 | +0.038% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0028% | 4h | 0.1118 | −0.054% | $11K | $206K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1118 | −0.061% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1119 | +0.029% | $22K | — | 150x | as long as short |
| Injective POL/USDC PERPshort | +0.0033% | 1h | 0.1111 | −0.715% | $3K | $124K | 12x | |
| dYdX POL-USD | +0.0039% | 1h | 0.1119 | −0.002% | $17K | $3K | 5x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1119 | −0.018% | $310K | $562K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1121 | +0.197% | $7.6M | $4.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1120 | +0.046% | $372K | $359K | 20x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
dYdX POL-USD
Lighter POL
Hyperliquid POL
Aster POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDTlong | +0.0100% | 4h | 0.1119 | long leg | $17.1M | $51.8M | 75x | |
| Bybit POLUSDT | +0.0100% | 4h | 0.1119 | −0.018% | $16.1M | $16.5M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1118 | −0.054% | $5.8M | $12.2M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | +0.045% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1119 | −0.036% | $23.6M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1119 | +0.045% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1119 | 0.000% | $4.2M | $6.0M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1119 | −0.027% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1120 | +0.103% | $662K | $211K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | +0.025% | $1.1M | $3.4M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1121 | +0.179% | $198K | $663K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1118 | −0.049% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1117 | −0.179% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1119 | +0.021% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1118 | −0.098% | $906K | $168K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
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
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT