Funding you earn now, next payment 23:00 UTC+0.0110%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.017%
Price spread now: Extended against Reya+0.035%7-day average — · you sell dearer than you buy
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
=Together, before fees—+ Points / potential airdropReya: Active · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.035% dearer against Reya than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya POLRUSDPERP | 0.1126 | −0.0006 | get 0.0001% / 1h | 38m 19s | $3K | — | — |
| Short | Extended POL-USD | 0.1126 | 0.0104 | get 0.0013% / 1h | 38m 19s | $94K | $427K | 10x |
Reya POLRUSDPERP
Extended POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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: +0.035% → 0.000%
- $3.5
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $15.66
- Costs to cover
- 0.110%
- Break-even
- 2.3 days
Slippage unknown: Reya: no order-book sample; Extended: live order book, 44 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 Extended live order book, 44 min ago | 1.88 bp | 16.4 bp −$16 | 162.5 bp −$1,625 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.0162% | 1h | 0.1111 | −1.312% | $3K | $124K | 12x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1127 | +0.109% | $205K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1127 | +0.092% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0024% | 4h | 0.1126 | +0.011% | $11K | $201K | 20x | as long as short |
| Reya POLRUSDPERPlong | −0.0006% | 1h | 0.1126 | long leg | $3K | — | — | |
| dYdX POL-USD | 0.0000% | 1h | 0.1127 | +0.086% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1127 | +0.091% | $22K | — | 150x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1126 | +0.013% | $307K | $570K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1127 | +0.083% | $374K | $357K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1126 | +0.053% | $17.2M | $51.4M | 75x | as long as short |
Injective POL/USDC PERP
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
dYdX POL-USD
gTrade (Gains Network) POL/USD
Lighter POL
Aster POLUSDT
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1126 | +0.011% | $16.2M | $16.0M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1126 | +0.003% | $5.8M | $12.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1126 | +0.020% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1126 | +0.029% | $23.8M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1126 | +0.038% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1126 | +0.047% | $4.2M | $5.9M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1126 | +0.038% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1122 | −0.306% | $663K | $193K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1123 | −0.270% | $1.1M | $3.3M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1124 | −0.157% | $199K | $660K | 50x | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1126 | +0.035% | $94K | $427K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1124 | −0.157% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0154% | 1h | 0.1128 | +0.225% | $7.6M | $4.6M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1127 | +0.084% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1127 | +0.083% | $909K | $170K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Aevo POL-PERP
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT