Funding you earn now, next payment 08:00 UTC+0.0139%/8h= +15.2% APRnext payment +$0.69 per $10,000 · paid last 24h +0.053%
Price spread now: BingX against Orderly+0.028%7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.594%+$59 on $10k
+Price spread, last 4 days (all we have)+0.320%+$32 · spread now +0.028%, 7d avg +0.027%
=The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_POL_USDC | 0.1088 | −0.0039 | get 0.0019% / 4h | 22m 01s | $11K | $1.9M | 20x |
| Short | BingX POL-USDT | 0.1088 | 0.0100 | get 0.0050% / 4h | 22m 01s | — | $7.2M | — |
Orderly PERP_POL_USDC
BingX POL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. 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
- $29.09
- Price spread: +0.028% → +0.027%
- $0.1
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $13.2
- Costs to cover
- 0.160%
- Break-even
- 3.8 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 6 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 6 min ago | 1.84 bp | 14.2 bp −$14 | 26.8 bp −$268 | 88.7 bp −$8,872 | 460.7 bp −$230.3K |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0544% | 1h | 0.1087 | −0.064% | $201K | $176K | 50x | as long as short |
| Gate POL_USDT | −0.0276% | 4h | 0.1087 | −0.018% | $1.8M | $1.3M | 75x | as long as short |
| Kraken Futures PF_POLUSD | −0.0234% | 1h | 0.1088 | +0.072% | $1.1M | $996K | 50x | as long as short |
| OKX POL-USDT-SWAP | −0.0082% | 4h | 0.1088 | +0.018% | $5.7M | $9.3M | 50x | as long as short |
| Orderly PERP_POL_USDClong | −0.0039% | 4h | 0.1088 | long leg | $11K | $1.9M | 20x | |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1088 | +0.007% | $2K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1090 | +0.183% | $18K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1089 | +0.139% | $9K | — | 150x | as long as short |
| ApeX Omni POLUSDT | +0.0028% | 1h | 0.1088 | +0.028% | $193K | $642K | 50x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +2.142% | $3K | $124K | 12x | as long as short |
Coinbase International POL-PERP-INTX
Gate POL_USDT
Kraken Futures PF_POLUSD
OKX POL-USDT-SWAP
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
ApeX Omni POLUSDT
Injective POL/USDC PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT POL_USDT_Perp | +0.0038% | 4h | 0.1087 | −0.055% | $1.1M | $2.8M | 10x | as long as short |
| Bybit POLUSDT | +0.0079% | 4h | 0.1088 | 0.000% | $15.6M | $9.6M | 75x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1088 | +0.029% | $275K | $544K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1090 | +0.175% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1090 | +0.169% | $361K | $167K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1088 | +0.012% | $16.6M | $36.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1088 | +0.009% | $24.9M | $3.4M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1089 | +0.074% | $2.8M | $918K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1089 | +0.092% | $4.0M | $3.9M | 50x | as long as short |
| BingX POL-USDTshort | +0.0100% | 4h | 0.1088 | +0.028% | — | $7.2M | — | |
| Variational Omni POL | +0.0100% | 4h | 0.1086 | −0.156% | $601K | $166K | — | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1088 | −0.010% | $91K | $522K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1086 | −0.165% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1089 | +0.115% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1086 | −0.129% | $900K | $145K | 75x | as long as short |
GRVT POL_USDT_Perp
Bybit POLUSDT
Lighter POL
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
Variational Omni POL
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT