Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.026%
Price spread now: ApeX Omni against KuCoin−0.125%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1121.117% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 3 days (all we have)+0.045%+$5 · spread now −0.125%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.107% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POLUSDTM | 0.1120 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $3.0M | $1.0M | 50x |
| Short | ApeX Omni POLUSDT | 0.1119 | 0.0100 | get 0.0013% / 1h | 37m 16s | $198K | $644K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against KuCoin. 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
- $0
- Price spread: −0.125% → −0.018%
- −$10.66
- Slippage, 4 orders
- −$89.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$122.4
- Costs to cover
- 1.117%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; ApeX Omni: live order book, 36 min ago.
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 KuCoin live order book, 10 min ago | 6.25 bp | 26.8 bp −$27 | 134.1 bp −$1,341 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 36 min ago | 13.39 bp | 23.7 bp −$24 | 137.1 bp −$1,371 | doesn't fit | doesn't fit |
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 | −0.0239% | 1h | 0.1121 | +0.093% | $1.2M | $1.3M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0152% | 1h | 0.1116 | −0.393% | $204K | $199K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1120 | −0.002% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1121 | +0.050% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0017% | 4h | 0.1120 | 0.000% | $11K | $173K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.839% | $3K | $124K | 12x | as long as short |
| dYdX POL-USD | +0.0037% | 1h | 0.1120 | −0.006% | $17K | $3K | 5x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1121 | +0.037% | $294K | $580K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1121 | +0.012% | $372K | $303K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1121 | +0.018% | $17.2M | $45.3M | 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 | 0.1120 | 0.000% | $16.1M | $13.3M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1121 | +0.027% | $5.8M | $10.9M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | −0.098% | $1.9M | $1.2M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1121 | +0.027% | $24.3M | $3.7M | 125x | as long as short |
| KuCoin POLUSDTMlong | +0.0100% | 4h | 0.1120 | long leg | $3.0M | $1.0M | 50x | |
| Bitget POLUSDT | +0.0100% | 4h | 0.1121 | +0.036% | $4.2M | $4.8M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1121 | +0.036% | — | $1.7M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1122 | +0.114% | $621K | $225K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | −0.107% | $1.1M | $3.0M | 10x | as long as short |
| ApeX Omni POLUSDTshort | +0.0100% | 1h | 0.1119 | −0.125% | $198K | $644K | 50x | |
| Extended POL-USD | +0.0104% | 1h | 0.1120 | −0.007% | $93K | $549K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1119 | −0.094% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0134% | 1h | 0.1123 | +0.196% | $7.6M | $3.9M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0216% / S −0.0750% | 1h | 0.1121 | +0.058% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1121 | +0.045% | $909K | $159K | 75x | as long as short |
KuCoin POLUSDTM
ApeX Omni POLUSDT
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
Extended POL-USD
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT