Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: Binance against Injective+0.891%87s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.280%+$128 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.891% dearer against Injective than usual: you sell high and buy low: +$89 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective POL/USDC PERP | 0.1111 | 0.0033 | pay 0.0004% / 1h | 21m 56s | $3K | $124K | 12x |
| Short | Binance POLUSDT | 0.1121 | 0.0100 | get 0.0050% / 4h | 2h 21m | $17.1M | $51.8M | 75x |
Injective POL/USDC PERP
Binance POLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: +0.891% → 0.000%
- $89.11
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $93.09
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 22 min ago; Binance: live order book, 5 min ago. Net counts fees only.
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 Injective live order book, 22 min ago | 67.72 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.45 bp | 11.2 bp −$11 | 24.4 bp −$244 | 132.6 bp −$13.3K | 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 | 0.000% | $202K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1122 | +0.951% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0029% | 4h | 0.1120 | +0.855% | $11K | $207K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1121 | +0.858% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1121 | +0.932% | $22K | — | 150x | as long as short |
| Injective POL/USDC PERPlong | +0.0033% | 1h | 0.1111 | long leg | $3K | $124K | 12x | |
| dYdX POL-USD | +0.0037% | 1h | 0.1121 | +0.896% | $17K | $3K | 5x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1121 | +0.857% | $311K | $562K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1123 | +1.053% | $7.6M | $4.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1121 | +0.888% | $373K | $383K | 20x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
dYdX POL-USD
Lighter POL
Hyperliquid POL
Aster POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDTshort | +0.0100% | 4h | 0.1121 | +0.891% | $17.1M | $51.8M | 75x | |
| Bybit POLUSDT | +0.0100% | 4h | 0.1120 | +0.801% | $16.1M | $16.5M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1121 | +0.936% | $5.8M | $12.2M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1120 | +0.828% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1120 | +0.837% | $23.5M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1121 | +0.864% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1121 | +0.936% | $4.2M | $6.0M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1121 | +0.873% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1119 | +0.721% | $661K | $211K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | +0.765% | $1.1M | $3.4M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1118 | +0.630% | $198K | $662K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1120 | +0.817% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1119 | +0.765% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1121 | +0.942% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1120 | +0.855% | $905K | $169K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT