Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: OKX against Bybit+0.027%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 7 days+0.002%$0 · spread now +0.027%, 7d avg +0.018%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit POLUSDT | 0.1093 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $15.7M | $11.7M | 75x |
| Short | OKX POL-USDT-SWAP | 0.1094 | 0.0100 | get 0.0050% / 4h | 3h 20m | $5.7M | $9.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.027% → +0.018%
- $0.97
- Slippage, 4 orders
- −$29.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$49.91
- Costs to cover
- 0.509%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 2 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, 3 min ago | 1.37 bp | 11.8 bp −$12 | 28.2 bp −$282 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.83 bp | 15.0 bp −$15 | 45.3 bp −$453 | 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 | −0.0512% | 1h | 0.1090 | −0.302% | $201K | $198K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0140% | 1h | 0.1094 | +0.101% | $1.2M | $1.2M | 50x | as long as short |
| Gate POL_USDT | −0.0040% | 4h | 0.1092 | −0.082% | $1.8M | $1.4M | 75x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1094 | +0.058% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1094 | +0.107% | $12K | — | 150x | as long as short |
| dYdX POL-USD | +0.0024% | 1h | 0.1094 | +0.037% | $17K | $2K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.619% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0043% | 4h | 0.1094 | +0.055% | $11K | $526K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1094 | +0.070% | $278K | $541K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1095 | +0.192% | $7.4M | $3.7M | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster POLUSDT | +0.0100% | 4h | 0.1095 | +0.112% | $363K | $247K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1094 | +0.038% | $16.8M | $41.1M | 75x | as long as short |
| Bybit POLUSDTlong | +0.0100% | 4h | 0.1093 | long leg | $15.7M | $11.7M | 75x | |
| OKX POL-USDT-SWAPshort | +0.0100% | 4h | 0.1094 | +0.027% | $5.7M | $9.9M | 50x | |
| MEXC POL_USDT | +0.0100% | 4h | 0.1094 | +0.055% | $24.6M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1094 | +0.073% | $2.9M | $966K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1094 | +0.073% | $4.0M | $4.3M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1093 | 0.000% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1093 | +0.010% | $605K | $206K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1095 | +0.137% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1095 | +0.155% | $194K | $634K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1093 | +0.007% | $96K | $327K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1093 | −0.059% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1095 | +0.125% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1092 | −0.128% | $901K | $163K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Gate POL_USDT
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
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]
BloFin POL-USDT