Funding you earn now, next payment 23:00 UTC−0.0056%/8h= −6.2% APRnext payment −$0.07 per $10,000 · paid last 24h −0.030%
Price spread now: Aevo against Hyperliquid−0.372%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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.372% cheaper against Hyperliquid than usual: you would sell low and buy high (−$37 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 | Hyperliquid POL | 0.1125 | 0.0160 | pay 0.0020% / 1h | 41m 11s | $7.6M | $4.6M | 5x |
| Short | Aevo POL-PERP | 0.1121 | 0.0104 | get 0.0013% / 1h | 41m 11s | $41K | — | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Hyperliquid. 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
- −$11.81
- Price spread: −0.372% → 0.000%
- −$37.16
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$73.97
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; Aevo: 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 Hyperliquid live order book, 11 min ago | 1.34 bp | 15.1 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.0162% | 1h | 0.1111 | −1.242% | $3K | $124K | 12x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1122 | −0.264% | $204K | $253K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1124 | −0.116% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0026% | 4h | 0.1123 | −0.211% | $11K | $201K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1123 | −0.213% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1124 | −0.115% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1124 | −0.109% | $22K | — | 150x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1123 | −0.181% | $307K | $570K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1123 | −0.172% | $373K | $359K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1123 | −0.192% | $17.1M | $51.4M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1122 | −0.237% | $16.2M | $16.0M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1123 | −0.175% | $5.8M | $12.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1123 | −0.184% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1123 | −0.184% | $23.7M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1123 | −0.157% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1123 | −0.193% | $4.2M | $5.9M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1124 | −0.113% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1118 | −0.607% | $660K | $193K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1121 | −0.387% | $1.1M | $3.4M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1120 | −0.442% | $198K | $661K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1122 | −0.225% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERPshort | +0.0104% | 1h | 0.1121 | −0.372% | $41K | — | 3x | |
| Hyperliquid POLlong | +0.0160% | 1h | 0.1125 | long leg | $7.6M | $4.6M | 5x | |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1123 | −0.137% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1122 | −0.282% | $905K | $169K | 75x | as long as short |
Hyperliquid POL
Injective POL/USDC PERP
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
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
GMX POL/USD [ETH-USDC]
BloFin POL-USDT