POL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0040%/8h= −4.3% APRnext payment −$0.05 per $10,000 · paid last 24h +0.006%

Price spread now: Reya against Injective+1.254%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Reya

What this pair did over the last

the charts below follow

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 1.254% dearer against Injective than usual: you sell high and buy low (spread +1.254% now, against zero (this spread has no 7-day history yet)): +$125 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective POL/USDC PERP	0.1111	0.0033	pay 0.0004% / 1h	13m 20s	$3K	$124K	12x
Short	Reya POLRUSDPERP	0.1125	−0.0006	pay 0.0001% / 1h	13m 20s	$3K	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee ReyabpOrdersPrice spread, now +1.254%Rate

Funding earned: −$8.32
Price spread: +1.254% → 0.000%: $125.37
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Reya: 3 bp × 2 orders: −$6
Net: $111.03
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Injective: live order book, 16 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 Injective live order book, 16 min ago	89.44 bp	doesn't fit	doesn't fit	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
Kraken Futures PF_POLUSD	−0.0238%	1h	0.1126	+1.336%	$1.2M	$1.3M	50x	as long as short
Coinbase International POL-PERP-INTX	−0.0152%	1h	0.1116	+0.450%	$204K	$199K	50x	as long as short
Reya POLRUSDPERPshort	−0.0006%	1h	0.1125	+1.254%	$3K	—	—
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1126	+1.344%	$24K	—	150x	as long as short
dYdX POL-USD	+0.0018%	1h	0.1127	+1.424%	$17K	$4K	5x	as long as short
Orderly PERP_POL_USDC	+0.0024%	4h	0.1125	+1.260%	$11K	$162K	20x	as long as short
Injective POL/USDC PERPlong	+0.0033%	1h	0.1111	long leg	$3K	$124K	12x
Lighter POL	+0.0096%	1h	0.1127	+1.427%	$294K	$585K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1127	+1.448%	$374K	$303K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1126	+1.306%	$17.3M	$44.1M	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	0.1125	+1.278%	$16.2M	$12.9M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1125	+1.260%	$5.8M	$10.6M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1125	+1.287%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1126	+1.314%	$24.4M	$3.7M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1126	+1.377%	$3.0M	$973K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1126	+1.341%	$4.2M	$4.8M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1126	+1.368%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1125	+1.262%	$623K	$224K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1126	+1.350%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1127	+1.440%	$199K	$646K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1125	+1.284%	$94K	$449K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1124	+1.131%	$41K	—	3x	as long as short
Hyperliquid POL	+0.0179%	1h	0.1128	+1.494%	$7.6M	$3.9M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0217% / S −0.0750%	1h	0.1126	+1.312%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1127	+1.395%	$912K	$161K	75x	as long as short