POL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0171%/8h= −18.8% APRnext payment −$0.21 per $10,000 · paid last 24h −0.090%

Price spread now: Kraken Futures against ApeX Omni+0.292%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$740.741% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.323%−$32 on $10k

Price spread, last 3 days (all we have)−0.847%−$85 · spread now +0.292%, 7d avg +0.040%

Together, before fees−1.169%−$117 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.252% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.292% now, against its 7-day average of +0.040%): +$25 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni POLUSDT	0.1118	0.0100	pay 0.0013% / 1h	23m 18s	$198K	$662K	50x
Short	Kraken Futures PF_POLUSD	0.1121	−0.0071	pay 0.0009% / 1h	23m 18s	$1.2M	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.292%Rate

Funding earned: −$35.98
Price spread: +0.292% → +0.040%: $25.17
Slippage, 4 orders: −$54.08
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$84.89
Costs to cover: 0.741%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 64 min ago; Kraken Futures: live order book, 5 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, 64 min ago	8.94 bp	18.1 bp −$18	122.4 bp −$1,224	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	10.73 bp	17.0 bp −$17	47.8 bp −$478	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-INTX	−0.0080%	1h	0.1111	−0.626%	$202K	$254K	50x	as long as short
Kraken Futures PF_POLUSDshort	−0.0071%	1h	0.1121	+0.292%	$1.2M	$1.8M	50x
Orderly PERP_POL_USDC	−0.0030%	4h	0.1120	+0.215%	$11K	$207K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1120	+0.215%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	0.1121	+0.292%	$22K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.626%	$3K	$124K	12x	as long as short
dYdX POL-USD	+0.0038%	1h	0.1121	+0.264%	$17K	$3K	5x	as long as short
Lighter POL	+0.0096%	1h	0.1120	+0.220%	$311K	$562K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1123	+0.445%	$7.6M	$4.6M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1121	+0.259%	$373K	$383K	20x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance POLUSDT	+0.0100%	4h	0.1120	+0.194%	$17.1M	$51.8M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1120	+0.188%	$16.1M	$16.5M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1120	+0.215%	$5.8M	$12.2M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1120	+0.224%	$1.9M	$1.4M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1121	+0.233%	$23.5M	$4.0M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1121	+0.268%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1121	+0.286%	$4.2M	$6.0M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1121	+0.250%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1119	+0.090%	$661K	$211K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1119	+0.134%	$1.1M	$3.4M	10x	as long as short
ApeX Omni POLUSDTlong	+0.0100%	1h	0.1118	long leg	$198K	$662K	50x
Extended POL-USD	+0.0104%	1h	0.1120	+0.193%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1119	+0.089%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1121	+0.266%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1120	+0.224%	$905K	$169K	75x	as long as short