Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against Bybit+0.136%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1461.465% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 7 days−0.115%−$12 · spread now +0.136%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.120% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit POLUSDT | 0.1100 | 0.0100 | pay 0.0050% / 4h | 22m 20s | $15.8M | $11.8M | 75x |
| Short | BingX POL-USDC | 0.1102 | 0.0100 | get 0.0050% / 4h | 22m 20s | — | $1.6M | — |
Bybit POLUSDT
BingX POL-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: +0.136% → +0.016%
- $12.03
- Slippage, 4 orders
- −$125.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$134.45
- Costs to cover
- 1.465%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 9 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 Bybit live order book, 1 min ago | 1.36 bp | 12.0 bp −$12 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.54 bp | 70.7 bp −$71 | 291.3 bp −$2,913 | 1179.2 bp −$117.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0520% | 1h | 0.1100 | −0.027% | $202K | $197K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1101 | +0.094% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1102 | +0.184% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.972% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0041% | 4h | 0.1102 | +0.118% | $11K | $251K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1101 | +0.109% | $280K | $555K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1102 | +0.117% | $366K | $271K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1101 | +0.070% | $17.1M | $41.7M | 75x | as long as short |
| Bybit POLUSDTlong | +0.0100% | 4h | 0.1100 | long leg | $15.8M | $11.8M | 75x | |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1101 | +0.036% | $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
Binance POLUSDT
OKX POL-USDT-SWAPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate POL_USDT | +0.0100% | 4h | 0.1101 | +0.045% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1102 | +0.155% | $24.6M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1102 | +0.136% | $2.9M | $977K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1102 | +0.118% | $4.1M | $4.6M | 50x | as long as short |
| BingX POL-USDCshort | +0.0100% | 4h | 0.1102 | +0.136% | — | $1.6M | — | |
| Variational Omni POL | +0.0100% | 4h | 0.1100 | +0.013% | $609K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1102 | +0.145% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1103 | +0.245% | $196K | $637K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1101 | +0.099% | $92K | $456K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1100 | −0.022% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0139% | 1h | 0.1103 | +0.282% | $7.5M | $3.7M | 5x | as long as short |
| dYdX POL-USD | +0.0172% | 1h | 0.1102 | +0.164% | $17K | $2K | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1102 | +0.152% | $3K | — | 100x | as long as short |
| Kraken Futures PF_POLUSD | +0.0313% | 1h | 0.1102 | +0.129% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1102 | +0.145% | $905K | $169K | 75x | as long as short |
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
dYdX POL-USD
GMX POL/USD [ETH-USDC]
Kraken Futures PF_POLUSD
BloFin POL-USDT