POL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0146%/8h= −16.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.139%

Price spread now: Coinbase International against Reya+0.129%48s7-day average — · you sell dearer than you buy

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

Long on Reya Short on Coinbase International

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

The price spread pays, funding is against you. Coinbase International is 0.129% dearer against Reya than usual: you sell high and buy low (spread +0.129% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.0 days. 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	Reya POLRUSDPERP	0.1119	−0.0006	get 0.0001% / 1h	38m 37s	$3K	—	—
Short	Coinbase International POL-PERP-INTX	0.1120	−0.0152	pay 0.0019% / 1h	38m 37s	$205K	$200K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ReyabpFee Coinbase InternationalbpOrdersPrice spread, now +0.129%Rate

Funding earned: −$30.6
Price spread: +0.129% → 0.000%: $12.92
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$33.68
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 34 min ago. 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 Coinbase International live order book, 34 min ago	8.92 bp	30.7 bp −$31	doesn't fit	doesn't fit	doesn't fit

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
Kraken Futures PF_POLUSD	−0.0240%	1h	0.1119	+0.074%	$1.2M	$1.3M	50x	as long as short
Coinbase International POL-PERP-INTXshort	−0.0152%	1h	0.1120	+0.129%	$205K	$200K	50x
Reya POLRUSDPERPlong	−0.0006%	1h	0.1119	long leg	$3K	—	—
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1120	+0.087%	$24K	—	150x	as long as short
Orderly PERP_POL_USDC	+0.0017%	4h	0.1119	+0.004%	$11K	$173K	20x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.675%	$3K	$124K	12x	as long as short
dYdX POL-USD	+0.0038%	1h	0.1119	+0.077%	$17K	$3K	5x	as long as short
Lighter POL	+0.0096%	1h	0.1119	+0.041%	$293K	$579K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1120	+0.109%	$372K	$303K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1119	+0.070%	$17.2M	$45.5M	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	0.1119	+0.013%	$16.1M	$13.3M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1119	+0.022%	$5.8M	$10.8M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1119	+0.040%	$1.9M	$1.2M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1119	+0.076%	$24.2M	$3.7M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1120	+0.147%	$3.0M	$1.0M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1119	+0.085%	$4.2M	$4.8M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1119	+0.076%	—	$1.7M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1122	+0.279%	$621K	$225K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1122	+0.325%	$1.1M	$3.0M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1121	+0.219%	$198K	$643K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1119	+0.052%	$93K	$549K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1118	−0.081%	$41K	—	3x	as long as short
Hyperliquid POL	+0.0129%	1h	0.1120	+0.169%	$7.5M	$3.8M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0216% / S −0.0750%	1h	0.1120	+0.125%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1121	+0.254%	$909K	$159K	75x	as long as short