Funding you earn now, next payment 12:00 UTC+0.0082%/8h= +8.9% APRnext payment +$0.41 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against Binance+0.009%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.527% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.009%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance POLUSDT | 0.1101 | 0.0018 | pay 0.0009% / 4h | 3h 03m | $16.8M | $34.9M | 75x |
| Short | BingX POL-USDC | 0.1101 | 0.0100 | get 0.0050% / 4h | 3h 03m | — | $1.6M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $17.13
- Price spread: +0.009% → −0.009%
- $1.79
- Slippage, 4 orders
- −$32.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$33.82
- Costs to cover
- 0.527%
- Break-even
- 20.8 days
Slippage from Binance: live order book, 8 min ago; BingX: live order book, 4 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 Binance live order book, 8 min ago | 0.91 bp | 10.6 bp −$11 | 27.5 bp −$275 | 212.7 bp −$21.3K | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.54 bp | 17.8 bp −$18 | 54.6 bp −$546 | 791.6 bp −$79.2K | 1200.1 bp −$600.1K |
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 | −0.0600% | 1h | 0.1100 | −0.118% | $200K | $181K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0471% | 1h | 0.1103 | +0.163% | $1.2M | $1.0M | 50x | as long as short |
| Gate POL_USDT | −0.0176% | 4h | 0.1101 | −0.009% | $1.8M | $1.2M | 75x | as long as short |
| Orderly PERP_POL_USDC | −0.0116% | 4h | 0.1102 | +0.027% | $11K | $2.5M | 20x | as long as short |
| OKX POL-USDT-SWAP | −0.0049% | 4h | 0.1102 | +0.064% | $5.7M | $9.1M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1101 | −0.023% | $3K | — | — | as long as short |
| GRVT POL_USDT_Perp | 0.0000% | 4h | 0.1101 | +0.009% | $1.1M | $2.8M | 10x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1102 | +0.102% | $9K | — | 150x | as long as short |
| Extended POL-USD | +0.0016% | 1h | 0.1101 | −0.017% | $94K | $526K | 10x | as long as short |
| MEXC POL_USDT | +0.0016% | 4h | 0.1101 | +0.009% | $25.3M | $3.4M | 125x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDTlong | +0.0018% | 4h | 0.1101 | long leg | $16.8M | $34.9M | 75x | |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.881% | $3K | $124K | 12x | as long as short |
| BloFin POL-USDT | +0.0058% | 4h | 0.1101 | −0.018% | $900K | $143K | 75x | as long as short |
| ApeX Omni POLUSDT | +0.0071% | 1h | 0.1102 | +0.064% | $156K | $662K | 50x | as long as short |
| Aevo POL-PERP | +0.0080% | 1h | 0.1100 | −0.101% | $40K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1102 | +0.051% | $270K | $549K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1103 | +0.173% | $7.4M | $3.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1103 | +0.111% | $370K | $172K | 20x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1101 | −0.036% | $15.8M | $9.2M | 75x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1102 | +0.100% | $2.9M | $783K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1101 | −0.027% | $4.0M | $3.6M | 50x | as long as short |
| BingX POL-USDCshort | +0.0100% | 4h | 0.1101 | +0.009% | — | $1.6M | — | |
| Variational Omni POL | +0.0100% | 4h | 0.1101 | −0.035% | $609K | $167K | — | as long as short |
| dYdX POL-USD | +0.0111% | 1h | 0.1102 | +0.065% | $23K | $8K | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0164% / S −0.0294% | 1h | 0.1102 | +0.094% | $3K | — | 100x | as long as short |
Binance POLUSDT
BingX POL-USDC
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Gate POL_USDT
OKX POL-USDT-SWAP
GRVT POL_USDT_Perp
gTrade (Gains Network) POL/USD
Extended POL-USD
MEXC POL_USDT
Injective POL/USDC PERP
BloFin POL-USDT
ApeX Omni POLUSDT
Lighter POL
Hyperliquid POL
Aster POLUSDT
Bybit POLUSDT
KuCoin POLUSDTM
Bitget POLUSDT
Variational Omni POL
GMX POL/USD [ETH-USDC]