Funding you earn now, next payment 01:00 UTC−0.0312%/8h= −34.2% APRnext payment −$0.39 per $10,000 · paid last 24h −0.528%
Price spread now: Coinbase International against dYdX−0.237%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Coinbase International is 0.237% cheaper against dYdX than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX POL-USD | 0.1102 | 0 | get 0.0000% / 1h | 6m 07s | $17K | $4K | 5x |
| Short | Coinbase International POL-PERP-INTX | 0.1099 | −0.0312 | pay 0.0039% / 1h | 6m 07s | $202K | $203K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against dYdX. 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
- −$65.52
- Price spread: −0.237% → 0.000%
- −$23.69
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$109.21
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 62 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 62 min ago | 13.38 bp | 76.4 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
dYdX: 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 24 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 | −0.0312% | 1h | 0.1099 | −0.237% | $202K | $203K | 50x | |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1101 | −0.072% | $3K | — | — | as long as short |
| dYdX POL-USDlong | 0.0000% | 1h | 0.1102 | long leg | $17K | $4K | 5x | |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1102 | +0.026% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.852% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0047% | 4h | 0.1101 | −0.046% | $11K | $313K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1102 | −0.002% | $284K | $577K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1102 | +0.055% | $366K | $276K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1101 | −0.092% | $17.1M | $43.0M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1101 | −0.092% | $15.9M | $12.0M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1100 | −0.101% | $5.7M | $10.2M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1100 | −0.101% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1101 | −0.037% | $23.8M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1101 | −0.010% | $2.9M | $990K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1101 | −0.046% | $4.2M | $4.8M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1101 | −0.064% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1100 | −0.114% | $609K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1099 | −0.201% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1101 | −0.055% | $195K | $636K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1101 | −0.049% | $92K | $446K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1100 | −0.146% | $40K | — | 3x | as long as short |
| Kraken Futures PF_POLUSD | +0.0117% | 1h | 0.1102 | +0.076% | $1.2M | $1.2M | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1101 | −0.019% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0240% | 1h | 0.1103 | +0.135% | $7.4M | $3.7M | 5x | as long as short |
Coinbase International POL-PERP-INTX
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Kraken Futures PF_POLUSD
GMX POL/USD [ETH-USDC]
Hyperliquid POL