Funding you earn now, next payment 03:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.065%
Price spread now: BloFin against ApeX Omni−0.018%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$600.596% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)−1.497%−$150 · spread now −0.018%, 7d avg −0.035%
=The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.064% in total (about 3.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni POLUSDT | 0.1103 | 0.0100 | pay 0.0013% / 1h | 41m 00s | $195K | $636K | 50x |
| Short | BloFin POL-USDT | 0.1103 | 0.0340 | get 0.0170% / 4h | 1h 41m | $912K | $166K | 75x |
ApeX Omni POLUSDT
BloFin POL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. 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
- $50.4
- Price spread: −0.018% → −0.035%
- $1.64
- Slippage, 4 orders
- −$37.55
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.51
- Costs to cover
- 0.596%
- Break-even
- 8.0 days
Slippage from ApeX Omni: live order book, 22 min ago; BloFin: live order book, 1 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 ApeX Omni live order book, 22 min ago | 9.07 bp | 19.7 bp −$20 | 138.8 bp −$1,388 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 1.36 bp | 11.0 bp −$11 | 18.9 bp −$189 | 69.5 bp −$6,950 | 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 | −0.0464% | 1h | 0.1098 | −0.453% | $202K | $201K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1102 | −0.131% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1103 | −0.036% | $17K | $1K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1102 | −0.077% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.725% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0043% | 4h | 0.1101 | −0.154% | $11K | $299K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1101 | −0.137% | $284K | $564K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1102 | −0.085% | $366K | $269K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1102 | −0.100% | $17.1M | $42.2M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1101 | −0.163% | $15.9M | $11.9M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Orderly PERP_POL_USDC
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1102 | −0.109% | $5.7M | $10.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1101 | −0.145% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1102 | −0.118% | $23.8M | $3.5M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1102 | −0.082% | $2.9M | $975K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1103 | 0.000% | $4.2M | $4.7M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1102 | −0.100% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1100 | −0.233% | $610K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1104 | +0.050% | $1.1M | $2.7M | 10x | as long as short |
| ApeX Omni POLUSDTlong | +0.0100% | 1h | 0.1103 | long leg | $195K | $636K | 50x | |
| Extended POL-USD | +0.0104% | 1h | 0.1101 | −0.153% | $92K | $448K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1099 | −0.336% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1102 | −0.073% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0226% | 1h | 0.1104 | +0.045% | $7.4M | $3.7M | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.0260% | 1h | 0.1102 | −0.076% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDTshort | +0.0340% | 4h | 0.1103 | −0.018% | $912K | $166K | 75x |
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
Kraken Futures PF_POLUSD