Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Bitget against Bybit+0.054%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$620.619% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.054%, 7d avg +0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.035% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit POLUSDT | 0.1119 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $16.1M | $16.5M | 75x |
| Short | Bitget POLUSDT | 0.1120 | 0.0100 | get 0.0050% / 4h | 2h 27m | $4.2M | $6.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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: +0.054% → +0.019%
- $3.49
- Slippage, 4 orders
- −$38.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$58.41
- Costs to cover
- 0.619%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 6 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 Bybit live order book, 1 min ago | 0.89 bp | 15.6 bp −$16 | 40.4 bp −$404 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 3.14 bp | 17.1 bp −$17 | 35.1 bp −$351 | 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 | −0.0080% | 1h | 0.1111 | −0.724% | $202K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1119 | −0.032% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0034% | 4h | 0.1118 | −0.098% | $11K | $208K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1119 | +0.032% | $3K | — | — | as long as short |
| dYdX POL-USD | +0.0003% | 1h | 0.1119 | −0.013% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1119 | −0.020% | $22K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.724% | $3K | $124K | 12x | as long as short |
| ApeX Omni POLUSDT | +0.0072% | 1h | 0.1115 | −0.366% | $197K | $661K | 50x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1119 | +0.036% | $313K | $560K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1122 | +0.223% | $7.6M | $4.6M | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster POLUSDT | +0.0100% | 4h | 0.1119 | +0.006% | $372K | $383K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1119 | +0.018% | $17.1M | $51.8M | 75x | as long as short |
| Bybit POLUSDTlong | +0.0100% | 4h | 0.1119 | long leg | $16.1M | $16.5M | 75x | |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1119 | +0.027% | $5.8M | $12.2M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | −0.036% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1119 | +0.027% | $23.5M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1119 | +0.027% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDTshort | +0.0100% | 4h | 0.1120 | +0.054% | $4.2M | $6.0M | 50x | |
| BingX POL-USDC | +0.0100% | 4h | 0.1120 | +0.045% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1115 | −0.357% | $658K | $211K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1116 | −0.284% | $1.1M | $3.4M | 10x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1119 | +0.015% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1116 | −0.247% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1119 | −0.015% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1117 | −0.223% | $903K | $168K | 75x | as long as short |
Bybit POLUSDT
Bitget POLUSDT
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
ApeX Omni POLUSDT
Lighter POL
Hyperliquid 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
Extended POL-USD
GMX POL/USD [ETH-USDC]
BloFin POL-USDT