POL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h −0.006%

Price spread now: Injective against Reya+1.510%7-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 Injective

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 1.510% dearer against Reya than usual: you sell high and buy low: +$151 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	0.1094	−0.0006	get 0.0001% / 1h	11m 03s	$3K	—	—
Short	Injective POL/USDC PERP	0.1111	0.0033	get 0.0004% / 1h	11m 03s	$3K	$124K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 InjectivebpOrdersPrice spread, now +1.510%Rate

Funding earned: $8.3
Price spread: +1.510% → 0.000%: $151.01
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $153.29
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Injective: live order book, 63 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 Injective live order book, 63 min ago	77.45 bp	doesn't fit	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
Coinbase International POL-PERP-INTX	−0.0512%	1h	0.1093	−0.135%	$201K	$199K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0140%	1h	0.1095	+0.013%	$1.2M	$1.2M	50x	as long as short
Gate POL_USDT	−0.0012%	4h	0.1094	−0.052%	$1.8M	$1.4M	75x	as long as short
Reya POLRUSDPERPlong	−0.0006%	1h	0.1094	long leg	$3K	—	—
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0001%	1h	0.1095	+0.075%	$12K	—	150x	as long as short
dYdX POL-USD	+0.0025%	1h	0.1096	+0.120%	$17K	$2K	5x	as long as short
Injective POL/USDC PERPshort	+0.0033%	1h	0.1111	+1.510%	$3K	$124K	12x
Orderly PERP_POL_USDC	+0.0042%	4h	0.1095	+0.030%	$11K	$584K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1095	+0.011%	$279K	$541K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1096	+0.151%	$7.4M	$3.7M	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	0.1095	+0.083%	$364K	$247K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1094	−0.025%	$16.8M	$40.9M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1094	−0.061%	$15.7M	$11.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1094	−0.034%	$5.7M	$9.9M	50x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1094	−0.025%	$24.6M	$3.6M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1095	+0.048%	$2.9M	$965K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1095	+0.057%	$4.0M	$4.3M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1094	−0.007%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1094	−0.048%	$606K	$206K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1095	+0.076%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1097	+0.231%	$195K	$633K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1094	−0.068%	$96K	$275K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1094	−0.089%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1095	+0.069%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1095	+0.066%	$902K	$164K	75x	as long as short