Funding you earn now, next payment 12:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.023%
Price spread now: BingX against Gate−0.018%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1541.543% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 7 days+0.055%+$5 · spread now −0.018%, 7d avg +0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.050% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate POL_USDT | 0.1093 | 0.0098 | pay 0.0049% / 4h | 3h 57m | $1.8M | $1.2M | 75x |
| Short | BingX POL-USDC | 0.1093 | 0.0100 | get 0.0050% / 4h | 3h 57m | — | $1.6M | — |
Gate POL_USDT
BingX POL-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $0.42
- Price spread: −0.018% → +0.032%
- −$5.02
- Slippage, 4 orders
- −$129.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$158.88
- Costs to cover
- 1.543%
- Break-even
- 2654.9 days
Slippage from Gate: live order book, 5 min ago; BingX: live order book, 3 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 Gate live order book, 5 min ago | 4.58 bp | 21.2 bp −$21 | 186.9 bp −$1,869 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.57 bp | 78.5 bp −$79 | 289.5 bp −$2,895 | 1139.1 bp −$113.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | −0.0657% | 4h | 0.1093 | +0.009% | $15.7M | $9.5M | 75x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0600% | 1h | 0.1091 | −0.183% | $202K | $177K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0475% | 1h | 0.1094 | +0.089% | $1.2M | $1.0M | 50x | as long as short |
| OKX POL-USDT-SWAP | −0.0074% | 4h | 0.1093 | +0.018% | $5.7M | $9.3M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0069% | 4h | 0.1094 | +0.055% | $11K | $2.1M | 20x | as long as short |
| ApeX Omni POLUSDT | −0.0039% | 1h | 0.1092 | −0.091% | $194K | $641K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1094 | +0.077% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1095 | +0.178% | $19K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1095 | +0.149% | $9K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.647% | $3K | $124K | 12x | as long as short |
Bybit POLUSDT
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
OKX POL-USDT-SWAP
Orderly PERP_POL_USDC
ApeX Omni POLUSDT
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT POL_USDT_Perp | +0.0034% | 4h | 0.1094 | +0.103% | $1.1M | $2.9M | 10x | as long as short |
| Binance POLUSDT | +0.0069% | 4h | 0.1093 | +0.009% | $16.7M | $36.3M | 75x | as long as short |
| Extended POL-USD | +0.0072% | 1h | 0.1092 | −0.050% | $92K | $520K | 10x | as long as short |
| MEXC POL_USDT | +0.0072% | 4h | 0.1093 | −0.018% | $25.1M | $3.4M | 125x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1093 | +0.043% | $276K | $535K | 8x | as long as short |
| Aevo POL-PERP | +0.0096% | 1h | 0.1093 | −0.035% | $40K | — | 3x | as long as short |
| Gate POL_USDTlong | +0.0098% | 4h | 0.1093 | long leg | $1.8M | $1.2M | 75x | |
| Hyperliquid POL | +0.0100% | 1h | 0.1095 | +0.194% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1094 | +0.049% | $362K | $167K | 20x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1094 | +0.091% | $2.9M | $868K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1093 | +0.027% | $4.0M | $3.9M | 50x | as long as short |
| BingX POL-USDCshort | +0.0100% | 4h | 0.1093 | −0.018% | — | $1.6M | — | |
| Variational Omni POL | +0.0100% | 4h | 0.1093 | +0.005% | $604K | $166K | — | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1095 | +0.154% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0293% | 4h | 0.1094 | +0.101% | $894K | $146K | 75x | as long as short |
GRVT POL_USDT_Perp
Binance POLUSDT
Extended POL-USD
MEXC POL_USDT
Lighter POL
Aevo POL-PERP
Hyperliquid POL
Aster POLUSDT
KuCoin POLUSDTM
Bitget POLUSDT
Variational Omni POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT