Funding you earn now, next payment 22:00 UTC+0.0313%/8h= +34.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.011%
Price spread now: Extended against ApeX Omni−0.145%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$670.672% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 3 days (all we have)+0.083%+$8 · spread now −0.145%, 7d avg −0.041%
=Together, before fees−0.113%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.103% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of −0.041%). If the spread goes back, that is −$10 on $10k: about 26 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.196%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.196% in total (about -10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.39 per $10,000. 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 | 0.1113 | −0.0209 | get 0.0026% / 1h | 45m 08s | $197K | $661K | 50x |
| Short | Extended POL-USD | 0.1111 | 0.0104 | get 0.0013% / 1h | 45m 08s | $93K | $437K | 10x |
ApeX Omni POLUSDT
Extended POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $65.65
- Price spread: −0.145% → −0.041%
- −$10.35
- Slippage, 4 orders
- −$52.19
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$11.89
- Costs to cover
- 0.672%
- Break-even
- 8.3 days
Slippage from ApeX Omni: live order book, 43 min ago; Extended: live order book, 42 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, 43 min ago | 8.94 bp | 18.1 bp −$18 | 122.4 bp −$1,224 | doesn't fit | doesn't fit |
| Sell Extended live order book, 42 min ago | 1.79 bp | 15.5 bp −$15 | 148.8 bp −$1,488 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni POLUSDTlong | −0.0209% | 1h | 0.1113 | long leg | $197K | $661K | 50x | |
| Coinbase International POL-PERP-INTX | −0.0080% | 1h | 0.1111 | −0.180% | $202K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1112 | −0.045% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0044% | 4h | 0.1111 | −0.144% | $11K | $209K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1111 | −0.141% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1112 | −0.078% | $22K | — | 150x | as long as short |
| dYdX POL-USD | +0.0006% | 1h | 0.1112 | −0.081% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.180% | $3K | $124K | 12x | as long as short |
| GRVT POL_USDT_Perp | +0.0034% | 4h | 0.1112 | −0.127% | $1.1M | $3.5M | 10x | as long as short |
| OKX POL-USDT-SWAP | +0.0081% | 4h | 0.1111 | −0.162% | $5.7M | $12.1M | 50x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
dYdX POL-USD
Injective POL/USDC PERP
GRVT POL_USDT_Perp
OKX POL-USDT-SWAPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter POL | +0.0096% | 1h | 0.1112 | −0.134% | $310K | $559K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1113 | +0.009% | $7.5M | $4.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1112 | −0.049% | $370K | $383K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1111 | −0.155% | $17.0M | $51.9M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1111 | −0.216% | $16.0M | $16.4M | 75x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1111 | −0.216% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1111 | −0.153% | $23.3M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1111 | −0.153% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1111 | −0.189% | $4.1M | $6.0M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1111 | −0.198% | — | $7.3M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1111 | −0.211% | $656K | $211K | — | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1111 | −0.145% | $93K | $437K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1110 | −0.270% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1112 | −0.069% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1111 | −0.216% | $904K | $167K | 75x | as long as short |
Lighter POL
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT