Funding you earn now, next payment 22:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.026%
Price spread now: ApeX Omni against Variational Omni+0.117%7-day average +0.065% · 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)−0.057%−$6 on $10k
+Price spread, last 3 days (all we have)−0.084%−$8 · spread now +0.117%, 7d avg +0.065%
=Together, before fees−0.141%+ Points / potential airdropVariational Omni: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.052% dearer against Variational Omni than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of +0.065%): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 3 days (−0.057% in total) that is about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni POL | 0.1114 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $658K | $260K | — |
| Short | ApeX Omni POLUSDT | 0.1115 | 0.0084 | get 0.0010% / 1h | 54m 37s | $197K | $659K | 50x |
Variational Omni POL
ApeX Omni POLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Variational Omni. 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
- −$3.38
- Price spread: +0.117% → +0.065%
- $5.23
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$8.15
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 34 min ago; ApeX Omni: live order book, 33 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 Variational Omni RFQ quote, 34 min ago | 8.94 bp | doesn't fit | 35.7 bp −$357 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 33 min ago | 8.94 bp | 17.8 bp −$18 | 113.0 bp −$1,130 | doesn't fit | doesn't fit |
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 | −0.0080% | 1h | 0.1113 | −0.062% | $203K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1117 | +0.322% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0043% | 4h | 0.1117 | +0.261% | $11K | $213K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1116 | +0.173% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1117 | +0.254% | $22K | — | 150x | as long as short |
| dYdX POL-USD | +0.0018% | 1h | 0.1116 | +0.205% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1113 | −0.062% | $3K | $73K | 12x | as long as short |
| GRVT POL_USDT_Perp | +0.0068% | 4h | 0.1115 | +0.079% | $1.1M | $3.5M | 10x | as long as short |
| ApeX Omni POLUSDTshort | +0.0084% | 1h | 0.1115 | +0.117% | $197K | $659K | 50x | |
| Lighter POL | +0.0096% | 1h | 0.1115 | +0.106% | $321K | $549K | 8x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
dYdX POL-USD
Injective POL/USDC PERP
GRVT POL_USDT_Perp
Lighter POLShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POL | +0.0100% | 1h | 0.1117 | +0.261% | $7.6M | $4.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1115 | +0.090% | $371K | $383K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1114 | +0.044% | $17.0M | $52.3M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1114 | −0.008% | $16.0M | $16.6M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1112 | −0.116% | $5.8M | $12.3M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1114 | +0.018% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1114 | +0.018% | $23.4M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1115 | +0.117% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1112 | −0.125% | $4.1M | $6.0M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1113 | −0.071% | — | $7.3M | — | as long as short |
| Variational Omni POLlong | +0.0100% | 4h | 0.1114 | long leg | $658K | $260K | — | |
| Extended POL-USD | +0.0104% | 1h | 0.1114 | +0.008% | $93K | $437K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1115 | +0.162% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1116 | +0.249% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1116 | +0.252% | $909K | $169K | 75x | as long as short |
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT