Funding you earn now, next payment 00:00 UTC−0.0075%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h −0.087%
Price spread now: Kraken Futures against gTrade (Gains Network)−0.039%7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.039% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$4 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 | gTrade (Gains Network) POL/USD | 0.1125 | L +0.0004% / S −0.0007% | pay 0.0001% / 1h | 47m 37s | $24K | — | 150x |
| Short | Kraken Futures PF_POLUSD | 0.1124 | −0.0071 | pay 0.0009% / 1h | 47m 37s | $1.2M | $1.8M | 50x |
gTrade (Gains Network) POL/USD
Kraken Futures PF_POLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against gTrade (Gains Network). 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
- −$15.83
- Price spread: −0.039% → 0.000%
- −$3.88
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$39.71
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 1 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 1 min ago | 8.44 bp | 24.7 bp −$25 | 45.1 bp −$451 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | −0.0128% | 1h | 0.1125 | +0.032% | $206K | $227K | 50x | as long as short |
| Kraken Futures PF_POLUSDshort | −0.0071% | 1h | 0.1124 | −0.039% | $1.2M | $1.8M | 50x | |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1123 | −0.108% | $3K | — | — | as long as short |
| Orderly PERP_POL_USDC | +0.0002% | 4h | 0.1123 | −0.110% | $11K | $193K | 20x | as long as short |
| gTrade (Gains Network) POL/USDlong | L +0.0004% / S −0.0007% | 1h | 0.1125 | long leg | $24K | — | 150x | |
| dYdX POL-USD | +0.0004% | 1h | 0.1125 | +0.018% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −1.213% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1124 | −0.048% | $300K | $572K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1123 | −0.120% | $373K | $360K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1124 | −0.073% | $17.3M | $50.6M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
Orderly PERP_POL_USDC
dYdX POL-USD
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1123 | −0.146% | $16.2M | $15.4M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1123 | −0.119% | $5.8M | $11.9M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1125 | +0.005% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1124 | −0.092% | $24.4M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1125 | +0.014% | $2.9M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1124 | −0.048% | $4.2M | $5.7M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1123 | −0.110% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1125 | +0.042% | $665K | $189K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1126 | +0.148% | $1.1M | $3.2M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1125 | +0.032% | $199K | $657K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1123 | −0.111% | $94K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1123 | −0.190% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1124 | −0.031% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0331% | 1h | 0.1126 | +0.103% | $7.6M | $4.0M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1125 | +0.076% | $912K | $169K | 75x | as long as short |
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
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
BloFin POL-USDT