Funding you earn now, next payment 12:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h +0.032%
Price spread now: KuCoin against Reya+0.074%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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.074% dearer against Reya than usual: you sell high and buy low: +$7 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 | 0.1077 | −0.0006 | get 0.0001% / 1h | 48m 15s | $2K | — | — |
| Short | KuCoin POLUSDTM | 0.1078 | 0.0100 | get 0.0050% / 4h | 48m 15s | $3.1M | $765K | 50x |
Reya POLRUSDPERP
KuCoin POLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $22.28
- Price spread: +0.074% → 0.000%
- $7.42
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $11.7
- Costs to cover
- 0.180%
- Break-even
- 3.3 days
Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 5.10 bp | 29.4 bp −$29 | 137.9 bp −$1,379 | 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 exchanges
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 | −0.0648% | 1h | 0.1075 | −0.195% | $195K | $158K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0373% | 1h | 0.1078 | +0.128% | $1.1M | $794K | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0200% | 4h | 0.1078 | +0.046% | $10K | $2.6M | 20x | as long as short |
| Gate POL_USDT | −0.0162% | 4h | 0.1077 | −0.019% | $1.8M | $931K | 75x | as long as short |
| GRVT POL_USDT_Perp | −0.0122% | 4h | 0.1077 | −0.001% | $1.0M | $2.6M | 10x | as long as short |
| Bybit POLUSDT | −0.0093% | 4h | 0.1077 | +0.019% | $15.3M | $8.2M | 75x | as long as short |
| Bitget POLUSDT | −0.0044% | 4h | 0.1078 | +0.056% | $3.9M | $2.8M | 50x | as long as short |
| OKX POL-USDT-SWAP | −0.0027% | 4h | 0.1078 | +0.093% | $5.6M | $7.7M | 50x | as long as short |
| Reya POLRUSDPERPlong | −0.0006% | 1h | 0.1077 | long leg | $2K | — | — | |
| dYdX POL-USD | 0.0000% | 1h | 0.1078 | +0.059% | $23K | $9K | 5x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Gate POL_USDT
GRVT POL_USDT_Perp
Bybit POLUSDT
Bitget POLUSDT
OKX POL-USDT-SWAP
dYdX POL-USDShow all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended POL-USD | 0.0000% | 1h | 0.1078 | +0.050% | $90K | $602K | 10x | as long as short |
| MEXC POL_USDT | +0.0002% | 4h | 0.1078 | +0.056% | $24.9M | $3.1M | 125x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1079 | +0.138% | $8K | — | 150x | as long as short |
| Binance POLUSDT | +0.0004% | 4h | 0.1078 | +0.046% | $16.5M | $29.9M | 75x | as long as short |
| BingX POL-USDC | +0.0008% | 4h | 0.1078 | +0.046% | — | $1.6M | — | as long as short |
| ApeX Omni POLUSDT | +0.0011% | 1h | 0.1078 | +0.084% | $152K | $662K | 50x | as long as short |
| BloFin POL-USDT | +0.0011% | 4h | 0.1078 | +0.065% | $892K | $135K | 75x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +3.147% | $3K | $124K | 12x | as long as short |
| Aster POLUSDT | +0.0050% | 4h | 0.1079 | +0.131% | $362K | $139K | 20x | as long as short |
| Aevo POL-PERP | +0.0080% | 1h | 0.1076 | −0.056% | $39K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1079 | +0.153% | $252K | $423K | 8x | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1076 | −0.096% | $599K | $157K | — | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1079 | +0.213% | $7.3M | $3.4M | 5x | as long as short |
| KuCoin POLUSDTMshort | +0.0100% | 4h | 0.1078 | +0.074% | $3.1M | $765K | 50x | |
| GMX POL/USD [ETH-USDC] | L +0.0158% / S −0.0283% | 1h | 0.1078 | +0.126% | $3K | — | 100x | as long as short |
Extended POL-USD
MEXC POL_USDT
gTrade (Gains Network) POL/USD
Binance POLUSDT
BingX POL-USDC
ApeX Omni POLUSDT
BloFin POL-USDT
Injective POL/USDC PERP
Aster POLUSDT
Aevo POL-PERP
Lighter POL
Variational Omni POL
Hyperliquid POL
GMX POL/USD [ETH-USDC]