Funding you earn now, next payment 23:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.179%
Price spread now: Coinbase International against Variational Omni+0.155%7-day average −0.334% · 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)−0.730%−$73 on $10k
+Price spread, last 3 days (all we have)−1.202%−$120 · spread now +0.155%, 7d avg −0.334%
=Together, before fees−1.932%+ Points / potential airdropVariational Omni: Active · farm board−$193 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.488% dearer against Variational Omni than usual: you sell high and buy low (spread +0.155% now, against its 7-day average of −0.334%): +$49 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 7.1 days. At the pace of the last 3 days (−0.730% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni POL | 0.1117 | 0.0100 | pay 0.0050% / 4h | 35m 27s | $661K | $183K | — |
| Short | Coinbase International POL-PERP-INTX | 0.1119 | −0.0128 | pay 0.0016% / 1h | 35m 27s | $205K | $225K | 50x |
Variational Omni POL
Coinbase International POL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$47.88
- Price spread: +0.155% → −0.334%
- $48.85
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$9.03
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 44 min ago; Coinbase International: live order book, 42 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, 44 min ago | 4.44 bp | doesn't fit | 40.0 bp −$400 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 42 min ago | 8.88 bp | 37.3 bp −$37 | doesn't fit | 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-INTXshort | −0.0128% | 1h | 0.1119 | +0.155% | $205K | $225K | 50x | |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1119 | +0.133% | $1.2M | $1.8M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1117 | +0.002% | $3K | — | — | as long as short |
| dYdX POL-USD | +0.0002% | 1h | 0.1119 | +0.161% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1118 | +0.104% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0007% | 4h | 0.1117 | +0.003% | $11K | $190K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.561% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1118 | +0.050% | $298K | $572K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1119 | +0.140% | $372K | $353K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1118 | +0.028% | $17.2M | $50.4M | 75x | as long as short |
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
Injective POL/USDC PERP
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 | 0.1117 | −0.033% | $16.1M | $15.3M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1117 | +0.011% | $5.8M | $11.8M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | +0.137% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1118 | +0.020% | $24.3M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1118 | +0.074% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1117 | −0.006% | $4.1M | $5.5M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1118 | +0.020% | — | $1.7M | — | as long as short |
| Variational Omni POLlong | +0.0100% | 4h | 0.1117 | long leg | $661K | $183K | — | |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | +0.128% | $1.1M | $3.2M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1119 | +0.155% | $197K | $655K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1117 | +0.004% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1116 | −0.112% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0216% / S −0.0750% | 1h | 0.1118 | +0.086% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0297% | 1h | 0.1120 | +0.208% | $7.6M | $4.0M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1119 | +0.182% | $913K | $169K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
BloFin POL-USDT