Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against Bitget−0.027%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$620.625% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now −0.027%, 7d avg −0.022%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget POLUSDT | 0.1126 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $4.2M | $4.8M | 50x |
| Short | Bybit POLUSDT | 0.1126 | 0.0100 | get 0.0050% / 4h | 3h 13m | $16.2M | $12.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.027% → −0.022%
- −$0.42
- Slippage, 4 orders
- −$39.49
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$62.91
- Costs to cover
- 0.625%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 5 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 | 3.12 bp | 10.6 bp −$11 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.45 bp | 21.4 bp −$21 | 44.5 bp −$445 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_POLUSD | −0.0238% | 1h | 0.1127 | +0.040% | $1.2M | $1.3M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0152% | 1h | 0.1116 | −0.923% | $204K | $199K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1125 | −0.140% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1126 | −0.043% | $24K | — | 150x | as long as short |
| dYdX POL-USD | +0.0018% | 1h | 0.1127 | +0.037% | $17K | $4K | 5x | as long as short |
| Orderly PERP_POL_USDC | +0.0024% | 4h | 0.1125 | −0.098% | $11K | $162K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −1.367% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1127 | +0.040% | $294K | $585K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1127 | +0.024% | $374K | $303K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1127 | +0.010% | $17.3M | $44.1M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDTshort | +0.0100% | 4h | 0.1126 | −0.027% | $16.2M | $12.9M | 75x | |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1126 | −0.036% | $5.8M | $10.6M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1126 | −0.071% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1127 | +0.009% | $24.4M | $3.7M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1127 | +0.027% | $3.0M | $973K | 50x | as long as short |
| Bitget POLUSDTlong | +0.0100% | 4h | 0.1126 | long leg | $4.2M | $4.8M | 50x | |
| BingX POL-USDC | +0.0100% | 4h | 0.1127 | +0.027% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1125 | −0.122% | $623K | $224K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1124 | −0.244% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1122 | −0.391% | $199K | $645K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1126 | −0.013% | $94K | $449K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1124 | −0.213% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0179% | 1h | 0.1128 | +0.160% | $7.6M | $3.9M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0217% / S −0.0750% | 1h | 0.1126 | −0.056% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1127 | +0.009% | $912K | $161K | 75x | as long as short |
Bitget POLUSDT
Bybit POLUSDT
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT