Funding you earn now, next payment 09:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h +0.032%
Price spread now: BingX against Reya+0.069%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.069% dearer against Reya than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya POLRUSDPERP | 0.1092 | −0.0006 | get 0.0001% / 1h | 32m 05s | $2K | — | — |
| Short | BingX POL-USDC | 0.1093 | 0.0100 | get 0.0050% / 4h | 3h 32m | — | $1.6M | — |
Reya POLRUSDPERP
BingX POL-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Reya. 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
- $22.29
- Price spread: +0.069% → 0.000%
- $6.91
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $13.2
- Costs to cover
- 0.160%
- Break-even
- 2.9 days
Slippage unknown: Reya: no order-book sample; BingX: live order book, 15 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 Reya no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 15 min ago | 4.10 bp | 57.8 bp −$58 | 168.7 bp −$1,687 | 1107.2 bp −$110.7K | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0600% | 1h | 0.1091 | −0.096% | $199K | $179K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0475% | 1h | 0.1093 | +0.108% | $1.2M | $975K | 50x | as long as short |
| Bybit POLUSDT | −0.0437% | 4h | 0.1093 | +0.051% | $15.7M | $9.4M | 75x | as long as short |
| Gate POL_USDT | −0.0276% | 4h | 0.1095 | +0.271% | $1.8M | $1.2M | 75x | as long as short |
| Orderly PERP_POL_USDC | −0.0104% | 4h | 0.1093 | +0.051% | $11K | $2.3M | 20x | as long as short |
| OKX POL-USDT-SWAP | −0.0094% | 4h | 0.1092 | +0.023% | $5.7M | $9.2M | 50x | as long as short |
| ApeX Omni POLUSDT | −0.0092% | 1h | 0.1097 | +0.454% | $155K | $661K | 50x | as long as short |
| GRVT POL_USDT_Perp | −0.0034% | 4h | 0.1095 | +0.299% | $1.0M | $2.9M | 10x | as long as short |
| Reya POLRUSDPERPlong | −0.0006% | 1h | 0.1092 | long leg | $2K | — | — | |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1094 | +0.172% | $9K | — | 150x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Bybit POLUSDT
Gate POL_USDT
Orderly PERP_POL_USDC
OKX POL-USDT-SWAP
ApeX Omni POLUSDT
GRVT POL_USDT_Perp
gTrade (Gains Network) POL/USDShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDT | +0.0024% | 4h | 0.1093 | +0.053% | $16.6M | $35.6M | 75x | as long as short |
| Extended POL-USD | +0.0024% | 1h | 0.1092 | +0.016% | $91K | $521K | 10x | as long as short |
| MEXC POL_USDT | +0.0028% | 4h | 0.1092 | +0.014% | $25.1M | $3.4M | 125x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.736% | $3K | $124K | 12x | as long as short |
| Aevo POL-PERP | +0.0088% | 1h | 0.1094 | +0.196% | $40K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1093 | +0.084% | $273K | $539K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1094 | +0.199% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1095 | +0.269% | $363K | $167K | 20x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1094 | +0.133% | $2.8M | $865K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1093 | +0.060% | $4.0M | $3.8M | 50x | as long as short |
| BingX POL-USDCshort | +0.0100% | 4h | 0.1093 | +0.069% | — | $1.6M | — | |
| Variational Omni POL | +0.0100% | 4h | 0.1096 | +0.341% | $606K | $167K | — | as long as short |
| BloFin POL-USDT | +0.0116% | 4h | 0.1095 | +0.298% | $898K | $145K | 75x | as long as short |
| dYdX POL-USD | +0.0150% | 1h | 0.1095 | +0.251% | $19K | $4K | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0164% / S −0.0294% | 1h | 0.1094 | +0.133% | $3K | — | 100x | as long as short |
Binance POLUSDT
Extended POL-USD
MEXC POL_USDT
Injective POL/USDC PERP
Aevo POL-PERP
Lighter POL
Hyperliquid POL
Aster POLUSDT
KuCoin POLUSDTM
Bitget POLUSDT
Variational Omni POL
BloFin POL-USDT
dYdX POL-USD
GMX POL/USD [ETH-USDC]