Funding you earn now, next payment 12:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.51 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.046%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.551% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.046%, 7d avg −0.010%
=Funding pays, the price is against you. BingX is 0.036% cheaper against Bitget than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of −0.010%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.089% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget POLUSDT | 0.1092 | −0.0002 | get 0.0001% / 4h | 1h 57m | $4.0M | $3.2M | 50x |
| Short | BingX POL-USDT | 0.1092 | 0.0100 | get 0.0050% / 4h | 1h 57m | — | $7.0M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $21.42
- Price spread: −0.046% → −0.010%
- −$3.56
- Slippage, 4 orders
- −$33.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$37.25
- Costs to cover
- 0.551%
- Break-even
- 19.2 days
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 8 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 Bitget live order book, 4 min ago | 2.29 bp | 12.9 bp −$13 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 1.83 bp | 13.6 bp −$14 | 24.0 bp −$240 | 82.3 bp −$8,229 | 438.2 bp −$219.1K |
POL on 25 exchanges
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 | −0.0624% | 1h | 0.1090 | −0.220% | $198K | $164K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0345% | 1h | 0.1093 | +0.037% | $1.2M | $930K | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0183% | 4h | 0.1091 | −0.092% | $10K | $2.6M | 20x | as long as short |
| Gate POL_USDT | −0.0146% | 4h | 0.1091 | −0.082% | $1.8M | $1.0M | 75x | as long as short |
| GRVT POL_USDT_Perp | −0.0066% | 4h | 0.1092 | −0.019% | $1.0M | $2.8M | 10x | as long as short |
| OKX POL-USDT-SWAP | −0.0031% | 4h | 0.1092 | −0.073% | $5.7M | $8.3M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1091 | −0.109% | $2K | — | — | as long as short |
| Bitget POLUSDTlong | −0.0002% | 4h | 0.1092 | long leg | $4.0M | $3.2M | 50x | |
| dYdX POL-USD | 0.0000% | 1h | 0.1093 | +0.032% | $24K | $9K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1093 | +0.069% | $9K | — | 150x | as long as short |
Show all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC POL_USDT | +0.0014% | 4h | 0.1091 | −0.082% | $25.1M | $3.1M | 125x | as long as short |
| Binance POLUSDT | +0.0015% | 4h | 0.1091 | −0.096% | $16.7M | $32.1M | 75x | as long as short |
| Extended POL-USD | +0.0016% | 1h | 0.1091 | −0.110% | $92K | $526K | 10x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.703% | $3K | $124K | 12x | as long as short |
| BloFin POL-USDT | +0.0046% | 4h | 0.1092 | −0.037% | $897K | $136K | 75x | as long as short |
| ApeX Omni POLUSDT | +0.0052% | 1h | 0.1092 | −0.037% | $154K | $666K | 50x | as long as short |
| Aevo POL-PERP | +0.0080% | 1h | 0.1093 | +0.086% | $40K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1092 | −0.037% | $267K | $478K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1093 | +0.064% | $7.4M | $3.5M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1092 | −0.037% | $367K | $168K | 20x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1091 | −0.101% | $15.7M | $8.6M | 75x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1093 | +0.027% | $2.9M | $761K | 50x | as long as short |
| BingX POL-USDTshort | +0.0100% | 4h | 0.1092 | −0.046% | — | $7.0M | — | |
| Variational Omni POL | +0.0100% | 4h | 0.1091 | −0.110% | $603K | $163K | — | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0164% / S −0.0294% | 1h | 0.1092 | 0.000% | $3K | — | 100x | as long as short |
Bitget POLUSDT
BingX POL-USDT
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Gate POL_USDT
GRVT POL_USDT_Perp
OKX POL-USDT-SWAP
gTrade (Gains Network) POL/USD
MEXC POL_USDT
Binance POLUSDT
Extended POL-USD
Injective POL/USDC PERP
BloFin POL-USDT
ApeX Omni POLUSDT
Lighter POL
Hyperliquid POL
Aster POLUSDT
Bybit POLUSDT
KuCoin POLUSDTM
Variational Omni POL
GMX POL/USD [ETH-USDC]