Funding you earn now, next payment 12:00 UTC+0.0372%/8h= +40.7% APRnext payment +$0.46 per $10,000 · paid last 24h +0.078%
Price spread now: dYdX against Kraken Futures+0.028%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 for this trade now. Funding pays +$11 a day on $10k at the current rate, and dYdX is 0.028% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POLUSD | 0.1081 | −0.0372 | get 0.0046% / 1h | 10m 37s | $1.2M | $805K | 50x |
| Short | dYdX POL-USD | 0.1082 | 0 | get 0.0000% / 1h | 10m 37s | $24K | $9K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Kraken Futures. 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
- $78.04
- Price spread: +0.028% → 0.000%
- $2.76
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $60.8
- Costs to cover
- 0.200%
- Break-even
- 1.5 days
Slippage unknown: Kraken Futures: live order book, 1 min ago; dYdX: 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 Kraken Futures live order book, 1 min ago | 6.47 bp | 12.5 bp −$13 | 59.2 bp −$592 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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 25 exchanges
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 | −0.0648% | 1h | 0.1082 | +0.056% | $188K | $163K | 50x | as long as short |
| Kraken Futures PF_POLUSDlong | −0.0372% | 1h | 0.1081 | long leg | $1.2M | $805K | 50x | |
| Orderly PERP_POL_USDC | −0.0180% | 4h | 0.1081 | −0.037% | $10K | $2.6M | 20x | as long as short |
| Gate POL_USDT | −0.0152% | 4h | 0.1080 | −0.083% | $1.8M | $936K | 75x | as long as short |
| Bybit POLUSDT | −0.0108% | 4h | 0.1080 | −0.102% | $15.3M | $7.9M | 75x | as long as short |
| GRVT POL_USDT_Perp | −0.0080% | 4h | 0.1081 | −0.009% | $1.0M | $2.6M | 10x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1081 | −0.081% | $2K | — | — | as long as short |
| dYdX POL-USDshort | 0.0000% | 1h | 0.1082 | +0.028% | $24K | $9K | 5x | |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1082 | +0.058% | $8K | — | 150x | as long as short |
| Bitget POLUSDT | +0.0010% | 4h | 0.1082 | +0.028% | $4.0M | $2.6M | 50x | as long as short |
Show all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +2.737% | $3K | $124K | 12x | as long as short |
| OKX POL-USDT-SWAP | +0.0033% | 4h | 0.1081 | −0.065% | $5.6M | $7.2M | 50x | as long as short |
| MEXC POL_USDT | +0.0038% | 4h | 0.1081 | −0.065% | $25.0M | $3.1M | 125x | as long as short |
| BingX POL-USDT | +0.0038% | 4h | 0.1081 | −0.065% | — | $7.0M | — | as long as short |
| Binance POLUSDT | +0.0039% | 4h | 0.1081 | −0.065% | $16.5M | $28.4M | 75x | as long as short |
| Extended POL-USD | +0.0040% | 1h | 0.1080 | −0.097% | $90K | $618K | 10x | as long as short |
| Variational Omni POL | +0.0086% | 4h | 0.1080 | −0.143% | $605K | $157K | — | as long as short |
| Aevo POL-PERP | +0.0088% | 1h | 0.1080 | −0.171% | $40K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1081 | +0.005% | $250K | $431K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1083 | +0.113% | $7.3M | $3.3M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1082 | +0.062% | $363K | $131K | 20x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1082 | +0.037% | $3.1M | $764K | 50x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1082 | +0.056% | $153K | $658K | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0158% / S −0.0283% | 1h | 0.1082 | +0.030% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0159% | 4h | 0.1081 | −0.055% | $887K | $135K | 75x | as long as short |
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
Gate POL_USDT
Bybit POLUSDT
GRVT POL_USDT_Perp
gTrade (Gains Network) POL/USD
Bitget POLUSDT
Injective POL/USDC PERP
OKX POL-USDT-SWAP
MEXC POL_USDT
BingX POL-USDT
Binance POLUSDT
Extended POL-USD
Variational Omni POL
Lighter POL
Hyperliquid POL
Aster POLUSDT
KuCoin POLUSDTM
ApeX Omni POLUSDT
GMX POL/USD [ETH-USDC]
BloFin POL-USDT