POL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0228%/8h= −25.0% APRnext payment −$0.29 per $10,000 · paid last 24h −0.159%

Price spread now: Coinbase International against ApeX Omni−0.355%7-day average −0.402% · you buy dearer than you sell

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$970.970% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.506%−$51 on $10k

Price spread, last 3 days (all we have)−1.032%−$103 · spread now −0.355%, 7d avg −0.402%

Together, before fees−1.538%−$154 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.047% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.355% now, against its 7-day average of −0.402%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni POLUSDT	0.1126	0.0100	pay 0.0013% / 1h	56m 55s	$199K	$657K	50x
Short	Coinbase International POL-PERP-INTX	0.1122	−0.0128	pay 0.0016% / 1h	56m 55s	$205K	$236K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now −0.355%Rate

Funding earned: −$47.88
Price spread: −0.355% → −0.402%: $4.72
Slippage, 4 orders: −$76.97
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$140.13
Costs to cover: 0.970%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 21 min ago; Coinbase International: live order book, 21 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, 21 min ago	8.89 bp	18.2 bp −$18	135.6 bp −$1,356	doesn't fit	doesn't fit
Sell Coinbase International live order book, 21 min ago	8.88 bp	37.3 bp −$37	doesn't fit	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-INTXshort	−0.0128%	1h	0.1122	−0.355%	$205K	$236K	50x
Kraken Futures PF_POLUSD	−0.0071%	1h	0.1128	+0.172%	$1.2M	$1.8M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1126	−0.010%	$3K	—	—	as long as short
Orderly PERP_POL_USDC	−0.0006%	4h	0.1126	+0.036%	$11K	$194K	20x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1127	+0.044%	$24K	—	150x	as long as short
dYdX POL-USD	+0.0025%	1h	0.1126	−0.005%	$17K	$3K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−1.332%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1128	+0.141%	$301K	$570K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1127	+0.066%	$374K	$360K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1127	+0.070%	$17.4M	$50.7M	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	0.1126	−0.009%	$16.2M	$15.5M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1126	+0.009%	$5.8M	$12.0M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1126	+0.018%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1127	+0.071%	$24.2M	$3.8M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1127	+0.071%	$2.8M	$1.0M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1127	+0.071%	$4.2M	$5.8M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1126	+0.036%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1123	−0.249%	$664K	$189K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1126	−0.040%	$1.1M	$3.3M	10x	as long as short
ApeX Omni POLUSDTlong	+0.0100%	1h	0.1126	long leg	$199K	$657K	50x
Extended POL-USD	+0.0104%	1h	0.1127	+0.062%	$94K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1126	0.000%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1127	+0.064%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1127	+0.044%	$915K	$170K	75x	as long as short
Hyperliquid POL	+0.0377%	1h	0.1130	+0.337%	$7.7M	$4.0M	5x	as long as short