Funding you earn now, next payment 04:00 UTC−0.0213%/8h= −23.4% APRpaid last 24h +0.084%
Price spread now: Bitget against Kraken Futures−0.035%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$760.759% of the position
Funding, last 7 days+0.259%+$26 on $10k
+Price spread, last 4 days (all we have)+0.530%+$53 · spread now −0.035%, 7d avg −0.040%
=The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.259%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POLUSD | 0.1102 | 0.0313 | pay 0.0039% / 1h | 22m 32s | $1.2M | $1.2M | 50x |
| Short | Bitget POLUSDT | 0.1101 | 0.0100 | get 0.0050% / 4h | 22m 32s | $4.1M | $4.6M | 50x |
Kraken Futures PF_POLUSD
Bitget POLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. 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
- −$44.81
- Price spread: −0.035% → −0.040%
- $0.5
- Slippage, 4 orders
- −$53.94
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$120.26
- Costs to cover
- 0.759%
- Break-even
- never at this rate
Slippage from Kraken Futures: 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 Kraken Futures live order book, 1 min ago | 7.26 bp | 17.0 bp −$17 | 45.3 bp −$453 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 3.18 bp | 16.5 bp −$17 | 29.2 bp −$292 | 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 | −0.0520% | 1h | 0.1100 | −0.162% | $202K | $197K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1101 | −0.064% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1102 | +0.033% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.836% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0041% | 4h | 0.1101 | −0.063% | $11K | $252K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1102 | −0.017% | $280K | $555K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1102 | +0.014% | $366K | $271K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1102 | +0.019% | $17.1M | $41.7M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1101 | −0.081% | $15.8M | $11.8M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1101 | −0.026% | $5.7M | $10.1M | 50x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Orderly PERP_POL_USDC
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate POL_USDT | +0.0100% | 4h | 0.1101 | −0.090% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1102 | −0.017% | $24.6M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1101 | −0.026% | $2.9M | $977K | 50x | as long as short |
| Bitget POLUSDTshort | +0.0100% | 4h | 0.1101 | −0.035% | $4.1M | $4.6M | 50x | |
| BingX POL-USDT | +0.0100% | 4h | 0.1102 | −0.008% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1100 | −0.122% | $609K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1102 | +0.010% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1103 | +0.110% | $196K | $637K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1101 | −0.036% | $92K | $456K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1100 | −0.161% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0138% | 1h | 0.1103 | +0.101% | $7.5M | $3.7M | 5x | as long as short |
| dYdX POL-USD | +0.0172% | 1h | 0.1102 | +0.028% | $17K | $2K | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1102 | −0.002% | $3K | — | 100x | as long as short |
| Kraken Futures PF_POLUSDlong | +0.0313% | 1h | 0.1102 | long leg | $1.2M | $1.2M | 50x | |
| BloFin POL-USDT | +0.0340% | 4h | 0.1102 | +0.010% | $905K | $169K | 75x | as long as short |
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
Hyperliquid POL
dYdX POL-USD
GMX POL/USD [ETH-USDC]
BloFin POL-USDT