Funding you earn now, next payment 09:00 UTC−0.0467%/8h= −51.1% APRnext payment −$0.58 per $10,000 · paid last 24h −0.033%
Price spread now: Kraken Futures against Reya+0.010%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya POLRUSDPERP | 0.1097 | −0.0006 | get 0.0001% / 1h | 47m 15s | $3K | — | — |
| Short | Kraken Futures PF_POLUSD | 0.1097 | −0.0473 | pay 0.0059% / 1h | 47m 15s | $1.2M | $989K | 50x |
Reya POLRUSDPERP
Kraken Futures PF_POLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$98.09
- Price spread: +0.010% → 0.000%
- $0.99
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$113.1
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago | 4.55 bp | 22.2 bp −$22 | 50.3 bp −$503 | 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 | −0.0600% | 1h | 0.1094 | −0.301% | $200K | $182K | 50x | as long as short |
| Kraken Futures PF_POLUSDshort | −0.0473% | 1h | 0.1097 | +0.010% | $1.2M | $989K | 50x | |
| ApeX Omni POLUSDT | −0.0356% | 1h | 0.1096 | −0.119% | $182K | $647K | 50x | as long as short |
| Bybit POLUSDT | −0.0158% | 4h | 0.1097 | −0.028% | $15.8M | $9.5M | 75x | as long as short |
| Orderly PERP_POL_USDC | −0.0083% | 4h | 0.1098 | +0.054% | $11K | $2.2M | 20x | as long as short |
| GRVT POL_USDT_Perp | −0.0072% | 4h | 0.1096 | −0.128% | $1.1M | $2.9M | 10x | as long as short |
| OKX POL-USDT-SWAP | −0.0068% | 4h | 0.1097 | +0.009% | $5.7M | $9.3M | 50x | as long as short |
| Reya POLRUSDPERPlong | −0.0006% | 1h | 0.1097 | long leg | $3K | — | — | |
| dYdX POL-USD | 0.0000% | 1h | 0.1098 | +0.028% | $19K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1099 | +0.113% | $9K | — | 150x | as long as short |
Coinbase International POL-PERP-INTX
ApeX Omni POLUSDT
Bybit POLUSDT
Orderly PERP_POL_USDC
GRVT POL_USDT_Perp
OKX POL-USDT-SWAP
dYdX POL-USD
gTrade (Gains Network) POL/USDShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.248% | $3K | $124K | 12x | as long as short |
| Gate POL_USDT | +0.0034% | 4h | 0.1096 | −0.110% | $1.8M | $1.2M | 75x | as long as short |
| MEXC POL_USDT | +0.0046% | 4h | 0.1098 | +0.036% | $25.2M | $3.4M | 125x | as long as short |
| Binance POLUSDT | +0.0048% | 4h | 0.1098 | +0.032% | $16.7M | $35.9M | 75x | as long as short |
| Extended POL-USD | +0.0048% | 1h | 0.1097 | −0.035% | $92K | $520K | 10x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1097 | −0.009% | $275K | $538K | 8x | as long as short |
| Aevo POL-PERP | +0.0096% | 1h | 0.1096 | −0.157% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1099 | +0.191% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1098 | +0.060% | $364K | $167K | 20x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1098 | +0.018% | $2.9M | $880K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1097 | −0.018% | $4.0M | $3.8M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1098 | +0.027% | — | $7.1M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1097 | −0.058% | $605K | $166K | — | as long as short |
| BloFin POL-USDT | +0.0191% | 4h | 0.1098 | +0.036% | $898K | $146K | 75x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1097 | +0.009% | $3K | — | 100x | as long as short |
Injective POL/USDC PERP
Gate POL_USDT
MEXC POL_USDT
Binance POLUSDT
Extended POL-USD
Lighter POL
Aevo POL-PERP
Hyperliquid POL
Aster POLUSDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
BloFin POL-USDT
GMX POL/USD [ETH-USDC]