Funding you earn now, next payment 22:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h −0.005%
Price spread now: Extended against OKX−0.010%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$610.608% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.010%, 7d avg −0.007%
=Together, before fees−0.005%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX POL-USDT-SWAP | 0.1111 | 0.0081 | pay 0.0040% / 4h | 2h 45m | $5.7M | $12.1M | 50x |
| Short | Extended POL-USD | 0.1111 | 0.0104 | get 0.0013% / 1h | 45m 17s | $93K | $437K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- $4.87
- Price spread: −0.010% → −0.007%
- −$0.29
- Slippage, 4 orders
- −$45.83
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$56.24
- Costs to cover
- 0.608%
- Break-even
- 87.8 days
Slippage from OKX: live order book, 3 min ago; Extended: live order book, 42 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 OKX live order book, 3 min ago | 0.90 bp | 14.6 bp −$15 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell Extended live order book, 42 min ago | 1.79 bp | 15.5 bp −$15 | 148.8 bp −$1,488 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni POLUSDT | −0.0209% | 1h | 0.1113 | +0.135% | $197K | $661K | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0080% | 1h | 0.1111 | −0.045% | $202K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1112 | +0.090% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0044% | 4h | 0.1111 | −0.009% | $11K | $209K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1111 | −0.006% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1112 | +0.057% | $22K | — | 150x | as long as short |
| dYdX POL-USD | +0.0006% | 1h | 0.1112 | +0.054% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.045% | $3K | $124K | 12x | as long as short |
| GRVT POL_USDT_Perp | +0.0034% | 4h | 0.1112 | +0.007% | $1.1M | $3.5M | 10x | as long as short |
| OKX POL-USDT-SWAPlong | +0.0081% | 4h | 0.1111 | long leg | $5.7M | $12.1M | 50x |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter POL | +0.0096% | 1h | 0.1111 | −0.018% | $310K | $559K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1113 | +0.171% | $7.5M | $4.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1112 | +0.058% | $370K | $383K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1111 | 0.000% | $17.0M | $51.9M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1111 | −0.072% | $16.0M | $16.4M | 75x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1111 | −0.081% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1111 | −0.009% | $23.3M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1111 | −0.018% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1111 | −0.036% | $4.1M | $6.0M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1112 | +0.009% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1111 | −0.076% | $656K | $211K | — | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1111 | −0.010% | $93K | $437K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1110 | −0.135% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1112 | +0.066% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1112 | +0.045% | $905K | $168K | 75x | as long as short |
OKX POL-USDT-SWAP
Extended POL-USD
ApeX Omni POLUSDT
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
GRVT POL_USDT_Perp
Lighter POL
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT