Funding you earn now, next payment 22:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.032%
Price spread now: Reya against Bitget+0.298%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Reya is 0.298% dearer against Bitget than usual: you sell high and buy low (spread +0.298% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.4 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget POLUSDT | 0.1112 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $4.1M | $6.0M | 50x |
| Short | Reya POLRUSDPERP | 0.1116 | −0.0006 | pay 0.0001% / 1h | 54m 38s | $3K | — | — |
Bitget POLUSDT
Reya POLRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Bitget. 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
- −$22.33
- Price spread: +0.298% → 0.000%
- $29.84
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$10.49
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 4 min ago; Reya: no order-book sample. 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 Bitget live order book, 4 min ago | 2.24 bp | 13.9 bp −$14 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0080% | 1h | 0.1113 | +0.063% | $203K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1117 | +0.448% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0043% | 4h | 0.1117 | +0.387% | $11K | $213K | 20x | as long as short |
| Reya POLRUSDPERPshort | −0.0006% | 1h | 0.1116 | +0.298% | $3K | — | — | |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1117 | +0.379% | $22K | — | 150x | as long as short |
| dYdX POL-USD | +0.0018% | 1h | 0.1116 | +0.331% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1113 | +0.063% | $3K | $73K | 12x | as long as short |
| GRVT POL_USDT_Perp | +0.0068% | 4h | 0.1115 | +0.205% | $1.1M | $3.5M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0084% | 1h | 0.1115 | +0.243% | $197K | $659K | 50x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1115 | +0.232% | $321K | $549K | 8x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
gTrade (Gains Network) POL/USD
dYdX POL-USD
Injective POL/USDC PERP
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Lighter POLShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POL | +0.0100% | 1h | 0.1117 | +0.387% | $7.6M | $4.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1115 | +0.216% | $371K | $383K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1114 | +0.170% | $17.0M | $52.3M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1114 | +0.117% | $16.0M | $16.6M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1112 | +0.009% | $5.8M | $12.3M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1114 | +0.144% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1114 | +0.144% | $23.4M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1115 | +0.243% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDTlong | +0.0100% | 4h | 0.1112 | long leg | $4.1M | $6.0M | 50x | |
| BingX POL-USDT | +0.0100% | 4h | 0.1113 | +0.054% | — | $7.3M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1114 | +0.125% | $658K | $260K | — | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1114 | +0.133% | $93K | $437K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1115 | +0.288% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1116 | +0.375% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1116 | +0.378% | $909K | $169K | 75x | as long as short |
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
BingX POL-USDT
Variational Omni POL
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT