Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Bybit against Extended−0.025%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$590.594% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.025%, 7d avg −0.005%
=Together, before fees+0.200%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended POL-USD | 0.1119 | 0.0104 | pay 0.0013% / 1h | 10m 45s | $93K | $427K | 10x |
| Short | Bybit POLUSDT | 0.1119 | 0.0100 | get 0.0050% / 4h | 10m 45s | $16.1M | $15.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$0.84
- Price spread: −0.025% → −0.005%
- −$1.99
- Slippage, 4 orders
- −$43.37
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$62.2
- Costs to cover
- 0.594%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Bybit: live order book, 3 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 Extended live order book, 2 min ago | 1.56 bp | 15.9 bp −$16 | 209.6 bp −$2,096 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.89 bp | 14.2 bp −$14 | 35.9 bp −$359 | 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 | −0.0128% | 1h | 0.1121 | +0.199% | $205K | $226K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1119 | +0.023% | $1.2M | $1.8M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1119 | −0.012% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1119 | +0.034% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0012% | 4h | 0.1118 | −0.052% | $11K | $186K | 20x | as long as short |
| dYdX POL-USD | +0.0014% | 1h | 0.1120 | +0.118% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.695% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1119 | 0.000% | $298K | $572K | 8x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1119 | +0.029% | $5.8M | $11.6M | 50x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1120 | +0.109% | $372K | $340K | 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 | 0.1119 | +0.038% | $17.2M | $49.8M | 75x | as long as short |
| Bybit POLUSDTshort | +0.0100% | 4h | 0.1119 | −0.025% | $16.1M | $15.1M | 75x | |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | −0.016% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1119 | +0.002% | $24.2M | $3.9M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1119 | −0.007% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1119 | +0.020% | $4.1M | $5.3M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1119 | +0.002% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1117 | −0.155% | $660K | $183K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1121 | +0.172% | $1.1M | $3.2M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1121 | +0.199% | $198K | $649K | 50x | as long as short |
| Extended POL-USDlong | +0.0104% | 1h | 0.1119 | long leg | $93K | $427K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1117 | −0.162% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0216% / S −0.0750% | 1h | 0.1119 | +0.017% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0228% | 1h | 0.1121 | +0.207% | $7.6M | $3.9M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1121 | +0.226% | $911K | $163K | 75x | as long as short |
Extended POL-USD
Bybit POLUSDT
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
OKX POL-USDT-SWAP
Aster POLUSDT
Binance POLUSDT
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
GMX POL/USD [ETH-USDC]
Hyperliquid POL
BloFin POL-USDT