Funding you earn now, next payment 00:00 UTC−0.0256%/8h= −28.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.169%
Price spread now: Coinbase International against Aevo−0.580%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Coinbase International is 0.580% cheaper against Aevo than usual: you would sell low and buy high (−$58 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo POL-PERP | 0.1121 | 0.0104 | pay 0.0013% / 1h | 41m 54s | $41K | — | 3x |
| Short | Coinbase International POL-PERP-INTX | 0.1115 | −0.0152 | pay 0.0019% / 1h | 41m 54s | $204K | $200K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aevo. 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
- −$53.76
- Price spread: −0.580% → 0.000%
- −$57.96
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$137.72
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 31 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 31 min ago | 8.92 bp | 30.7 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_POLUSD | −0.0239% | 1h | 0.1123 | +0.162% | $1.2M | $1.3M | 50x | as long as short |
| Coinbase International POL-PERP-INTXshort | −0.0152% | 1h | 0.1115 | −0.580% | $204K | $200K | 50x | |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1122 | +0.056% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1121 | −0.069% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1123 | +0.142% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0016% | 4h | 0.1122 | +0.080% | $11K | $174K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.936% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1123 | +0.138% | $294K | $579K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1122 | +0.065% | $373K | $340K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1123 | +0.174% | $17.3M | $45.7M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1123 | +0.107% | $16.2M | $13.4M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1122 | +0.062% | $5.8M | $10.9M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1121 | −0.009% | $1.9M | $1.2M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1123 | +0.134% | $24.3M | $3.7M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1123 | +0.143% | $3.0M | $1.0M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1123 | +0.143% | $4.2M | $4.9M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1123 | +0.134% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1118 | −0.278% | $619K | $225K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | −0.210% | $1.1M | $3.0M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1118 | −0.312% | $197K | $643K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1123 | +0.138% | $94K | $545K | 10x | as long as short |
| Aevo POL-PERPlong | +0.0104% | 1h | 0.1121 | long leg | $41K | — | 3x | |
| Hyperliquid POL | +0.0140% | 1h | 0.1125 | +0.285% | $7.6M | $3.9M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0217% / S −0.0750% | 1h | 0.1123 | +0.140% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1119 | −0.259% | $909K | $159K | 75x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT