Funding you earn now, next payment 23:00 UTC−0.0262%/8h= −28.7% APRpaid last 24h −0.036%
Price spread now: Injective against Bitget−1.332%7-day average −0.256% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.421%−$142 on $10k
+Price spread, last 3 days (all we have)−1.160%−$116 · spread now −1.332%, 7d avg −0.256%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 1.076% cheaper against Bitget than usual: you would sell low and buy high (−$108 if the spread goes back to its 7-day average of −0.256%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget POLUSDT | 0.1126 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $4.2M | $5.9M | 50x |
| Short | Injective POL/USDC PERP | 0.1111 | −0.0162 | pay 0.0020% / 1h | 30m 31s | $3K | $124K | 12x |
Bitget POLUSDT
Injective POL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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
- −$55.1
- Price spread: −1.332% → −0.256%
- −$107.59
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$174.71
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; Injective: 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 Bitget live order book, 3 min ago | 2.66 bp | 16.7 bp −$17 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell Injective live order book, 9 min ago | 75.79 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERPshort | −0.0162% | 1h | 0.1111 | −1.332% | $3K | $124K | 12x | |
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1131 | +0.444% | $207K | $237K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1126 | −0.015% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0020% | 4h | 0.1125 | −0.071% | $11K | $200K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1125 | −0.081% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1126 | −0.013% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1126 | +0.025% | $22K | — | 150x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1125 | −0.044% | $305K | $572K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1127 | +0.050% | $375K | $357K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1125 | −0.044% | $17.2M | $51.7M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
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 | 0.1125 | −0.124% | $16.2M | $15.9M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1125 | −0.107% | $5.8M | $12.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1124 | −0.151% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1126 | −0.027% | $23.8M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1125 | −0.044% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDTlong | +0.0100% | 4h | 0.1126 | long leg | $4.2M | $5.9M | 50x | |
| BingX POL-USDT | +0.0100% | 4h | 0.1125 | −0.089% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1125 | −0.078% | $664K | $193K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1126 | −0.012% | $1.1M | $3.3M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1127 | +0.089% | $199K | $659K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1125 | −0.064% | $94K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1124 | −0.178% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0166% | 1h | 0.1128 | +0.133% | $7.6M | $4.6M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1126 | +0.025% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1125 | −0.044% | $904K | $170K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
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]
BloFin POL-USDT