Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.015%
Price spread now: Extended against BingX+0.024%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1501.496% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.024%, 7d avg −0.016%
=Together, before fees−0.292%+ Points / potential airdropExtended: Active · farm board−$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.040% dearer against BingX than usual: you sell high and buy low, +$4 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 | BingX POL-USDC | 0.1125 | 0.0100 | pay 0.0050% / 4h | 49m 50s | — | $1.6M | — |
| Short | Extended POL-USD | 0.1125 | 0.0104 | get 0.0013% / 1h | 49m 50s | $94K | $427K | 10x |
BingX POL-USDC
Extended POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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
- $0.84
- Price spread: +0.024% → −0.016%
- $4.04
- Slippage, 4 orders
- −$134.58
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$144.7
- Costs to cover
- 1.496%
- Break-even
- 1212.8 days
Slippage from BingX: live order book, 7 min ago; Extended: live order book, 28 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 BingX live order book, 7 min ago | 4.44 bp | 41.2 bp −$41 | 253.8 bp −$2,538 | 944.3 bp −$94.4K | 1125.5 bp −$562.8K |
| Sell Extended live order book, 28 min ago | 1.56 bp | 15.5 bp −$15 | 201.7 bp −$2,017 | 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 | −0.0128% | 1h | 0.1122 | −0.249% | $205K | $226K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1126 | +0.086% | $1.2M | $1.8M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1126 | +0.065% | $3K | — | — | as long as short |
| Orderly PERP_POL_USDC | −0.0001% | 4h | 0.1125 | +0.027% | $11K | $193K | 20x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1126 | +0.115% | $24K | — | 150x | as long as short |
| dYdX POL-USD | +0.0006% | 1h | 0.1127 | +0.207% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −1.227% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1126 | +0.071% | $300K | $572K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1125 | +0.048% | $374K | $360K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1125 | +0.021% | $17.4M | $50.6M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
Orderly PERP_POL_USDC
gTrade (Gains Network) POL/USD
dYdX POL-USD
Injective POL/USDC PERP
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 | 0.1124 | −0.027% | $16.2M | $15.4M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1125 | +0.027% | $5.8M | $12.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1127 | +0.151% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1125 | +0.053% | $24.5M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1125 | +0.062% | $2.9M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1126 | +0.124% | $4.2M | $5.8M | 50x | as long as short |
| BingX POL-USDClong | +0.0100% | 4h | 0.1125 | long leg | — | $1.6M | — | |
| Variational Omni POL | +0.0100% | 4h | 0.1125 | +0.028% | $665K | $189K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1127 | +0.222% | $1.1M | $3.2M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1128 | +0.284% | $200K | $657K | 50x | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1125 | +0.024% | $94K | $427K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1124 | −0.108% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1126 | +0.140% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0337% | 1h | 0.1128 | +0.256% | $7.6M | $4.0M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1127 | +0.160% | $913K | $170K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
BloFin POL-USDT