POL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0374%/8h= +40.9% APRnext payment +$0.47 per $10,000 · paid last 24h +0.028%

Price spread now: Reya against Kraken Futures−0.066%48s7-day average — · you buy dearer than you sell

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

Long on Kraken Futures 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

Funding pays, the price is against you. Reya is 0.066% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 14 hours of funding at the current rate (+$11 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_POLUSD	0.1091	−0.0380	get 0.0048% / 1h	32m 25s	$1.1M	$1.0M	50x
Short	Reya POLRUSDPERP	0.1090	−0.0006	pay 0.0001% / 1h	32m 25s	$2K	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 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 Kraken FuturesbpFee ReyabpOrdersPrice spread, now −0.066%Rate

Funding earned: $78.52
Price spread: −0.066% → 0.000%: −$6.61
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $55.91
Costs to cover: 0.160%
Break-even: 2.0 days

Slippage unknown: Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago	5.95 bp	12.5 bp −$12	49.2 bp −$492	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
Coinbase International POL-PERP-INTX	−0.0472%	1h	0.1088	−0.273%	$201K	$203K	50x	as long as short
Kraken Futures PF_POLUSDlong	−0.0380%	1h	0.1091	long leg	$1.1M	$1.0M	50x
Gate POL_USDT	−0.0318%	4h	0.1090	−0.117%	$1.8M	$1.3M	75x	as long as short
Reya POLRUSDPERPshort	−0.0006%	1h	0.1090	−0.066%	$2K	—	—
dYdX POL-USD	0.0000%	1h	0.1090	−0.080%	$18K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0001%	1h	0.1092	+0.055%	$12K	—	150x	as long as short
Orderly PERP_POL_USDC	+0.0026%	4h	0.1090	−0.071%	$11K	$1.3M	20x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.836%	$3K	$124K	12x	as long as short
OKX POL-USDT-SWAP	+0.0056%	4h	0.1090	−0.053%	$5.6M	$9.4M	50x	as long as short
Lighter POL	+0.0096%	1h	0.1091	−0.004%	$276K	$543K	8x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid POL	+0.0100%	1h	0.1092	+0.140%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1091	+0.011%	$362K	$240K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1091	−0.020%	$16.6M	$37.3M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1091	−0.034%	$15.7M	$10.0M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1091	+0.012%	$24.6M	$3.3M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1091	−0.034%	$2.9M	$938K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1091	+0.021%	$4.0M	$4.1M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1090	−0.080%	—	$1.7M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1089	−0.176%	$602K	$167K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1090	−0.053%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1091	+0.002%	$194K	$635K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1090	−0.053%	$93K	$235K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1090	−0.135%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1092	+0.060%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1091	−0.025%	$897K	$149K	75x	as long as short