Funding you earn now, next payment 22:00 UTC+0.0110%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.030%
Price spread now: Aevo against Reya−0.158%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Aevo is 0.158% cheaper against Reya than usual: you would sell low and buy high (spread −0.158% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 4.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya POLRUSDPERP | 0.1118 | −0.0006 | get 0.0001% / 1h | 27m 56s | $3K | — | — |
| Short | Aevo POL-PERP | 0.1116 | 0.0104 | get 0.0013% / 1h | 27m 56s | $41K | — | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Reya. 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
- $23.17
- Price spread: −0.158% → 0.000%
- −$15.84
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$14.67
- Costs to cover
- 0.220%
- Break-even
- 11.4 days
Slippage unknown: Reya: no order-book sample; Aevo: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Reya and Aevo: 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 | −0.0080% | 1h | 0.1111 | −0.636% | $202K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1119 | +0.056% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0034% | 4h | 0.1118 | −0.010% | $11K | $208K | 20x | as long as short |
| Reya POLRUSDPERPlong | −0.0006% | 1h | 0.1118 | long leg | $3K | — | — | |
| dYdX POL-USD | +0.0003% | 1h | 0.1118 | −0.016% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1119 | +0.069% | $22K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.636% | $3K | $124K | 12x | as long as short |
| ApeX Omni POLUSDT | +0.0072% | 1h | 0.1115 | −0.278% | $197K | $661K | 50x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1118 | +0.013% | $312K | $559K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1121 | +0.223% | $7.6M | $4.6M | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster POLUSDT | +0.0100% | 4h | 0.1119 | +0.073% | $372K | $383K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1119 | +0.115% | $17.1M | $51.8M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1119 | +0.080% | $16.1M | $16.5M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1119 | +0.097% | $5.8M | $12.2M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | +0.053% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1119 | +0.088% | $23.5M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1119 | +0.097% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1119 | +0.106% | $4.2M | $6.0M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1119 | +0.124% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1115 | −0.269% | $658K | $211K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1116 | −0.195% | $1.1M | $3.4M | 10x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1119 | +0.096% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERPshort | +0.0104% | 1h | 0.1116 | −0.158% | $41K | — | 3x | |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1119 | +0.073% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1117 | −0.135% | $903K | $168K | 75x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
ApeX Omni POLUSDT
Lighter POL
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
Extended POL-USD
GMX POL/USD [ETH-USDC]
BloFin POL-USDT