Funding you earn now, next payment 04:00 UTC−0.0346%/8h= −37.9% APRpaid last 24h −0.085%
Price spread now: Reya against BloFin−0.282%46s7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Reya is 0.282% cheaper against BloFin than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | BloFin POL-USDT | 0.1095 | 0.0340 | pay 0.0170% / 4h | 46m 18s | $909K | $167K | 75x |
| Short | Reya POLRUSDPERP | 0.1092 | −0.0006 | pay 0.0001% / 1h | 46m 18s | $2K | — | — |
BloFin POL-USDT
Reya POLRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against BloFin. 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
- −$72.71
- Price spread: −0.282% → 0.000%
- −$28.15
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$118.86
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 56 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 BloFin live order book, 56 min ago | 1.36 bp | 9.9 bp −$10 | 20.9 bp −$209 | 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 | −0.0520% | 1h | 0.1091 | −0.365% | $201K | $195K | 50x | as long as short |
| Reya POLRUSDPERPshort | −0.0006% | 1h | 0.1092 | −0.282% | $2K | — | — | |
| dYdX POL-USD | 0.0000% | 1h | 0.1092 | −0.228% | $17K | $2K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1093 | −0.223% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.461% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0039% | 4h | 0.1092 | −0.292% | $11K | $264K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1092 | −0.246% | $278K | $554K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1092 | −0.285% | $363K | $271K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1092 | −0.274% | $17.0M | $42.1M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1092 | −0.301% | $15.7M | $11.8M | 75x | as long as short |
Coinbase International POL-PERP-INTX
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 | 0.1092 | −0.247% | $5.6M | $10.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1090 | −0.420% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1092 | −0.237% | $24.3M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1092 | −0.283% | $2.9M | $974K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1093 | −0.210% | $4.1M | $4.7M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1092 | −0.256% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1096 | +0.133% | $607K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1095 | +0.018% | $1.1M | $2.7M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1096 | +0.091% | $194K | $634K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1092 | −0.282% | $94K | $453K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1090 | −0.457% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0168% | 1h | 0.1094 | −0.082% | $7.4M | $3.7M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1092 | −0.231% | $3K | — | 100x | as long as short |
| Kraken Futures PF_POLUSD | +0.0316% | 1h | 0.1093 | −0.175% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDTlong | +0.0340% | 4h | 0.1095 | long leg | $909K | $167K | 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
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
Hyperliquid POL
GMX POL/USD [ETH-USDC]
Kraken Futures PF_POLUSD