Funding you earn now, next payment 09:00 UTC−0.0672%/8h= −73.6% APRnext payment −$0.84 per $10,000 · paid last 24h −0.151%
Price spread now: Coinbase International against Aevo−0.046%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Coinbase International is 0.046% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo POL-PERP | 0.1099 | 0.0088 | pay 0.0011% / 1h | 58m 33s | $40K | — | 3x |
| Short | Coinbase International POL-PERP-INTX | 0.1098 | −0.0584 | pay 0.0073% / 1h | 58m 33s | $200K | $180K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aevo. 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
- −$141.12
- Price spread: −0.046% → 0.000%
- −$4.55
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$171.67
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 34 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 34 min ago | 18.30 bp | 119.8 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
Aevo: 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-INTXshort | −0.0584% | 1h | 0.1098 | −0.046% | $200K | $180K | 50x | |
| Kraken Futures PF_POLUSD | −0.0351% | 1h | 0.1101 | +0.186% | $1.2M | $995K | 50x | as long as short |
| Gate POL_USDT | −0.0208% | 4h | 0.1100 | +0.100% | $1.8M | $1.1M | 75x | as long as short |
| Orderly PERP_POL_USDC | −0.0121% | 4h | 0.1100 | +0.109% | $11K | $2.5M | 20x | as long as short |
| OKX POL-USDT-SWAP | −0.0049% | 4h | 0.1100 | +0.146% | $5.7M | $9.1M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1099 | +0.079% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1101 | +0.226% | $23K | $8K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1102 | +0.299% | $9K | — | 150x | as long as short |
| GRVT POL_USDT_Perp | +0.0004% | 4h | 0.1101 | +0.228% | $1.1M | $2.8M | 10x | as long as short |
| Binance POLUSDT | +0.0018% | 4h | 0.1100 | +0.118% | $16.8M | $34.3M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC POL_USDT | +0.0020% | 4h | 0.1100 | +0.127% | $25.3M | $3.3M | 125x | as long as short |
| Extended POL-USD | +0.0024% | 1h | 0.1100 | +0.100% | $94K | $521K | 10x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.138% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0048% | 1h | 0.1100 | +0.165% | $269K | $502K | 8x | as long as short |
| ApeX Omni POLUSDT | +0.0074% | 1h | 0.1101 | +0.228% | $156K | $663K | 50x | as long as short |
| BloFin POL-USDT | +0.0081% | 4h | 0.1100 | +0.109% | $897K | $143K | 75x | as long as short |
| Aevo POL-PERPlong | +0.0088% | 1h | 0.1099 | long leg | $40K | — | 3x | |
| Hyperliquid POL | +0.0100% | 1h | 0.1102 | +0.300% | $7.4M | $3.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1101 | +0.255% | $370K | $172K | 20x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1100 | +0.091% | $15.8M | $9.1M | 75x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1100 | +0.182% | $2.9M | $782K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1100 | +0.091% | $4.0M | $3.7M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1100 | +0.109% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1100 | +0.150% | $609K | $167K | — | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0164% / S −0.0294% | 1h | 0.1102 | +0.343% | $3K | — | 100x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Gate POL_USDT
OKX POL-USDT-SWAP
gTrade (Gains Network) POL/USD
GRVT POL_USDT_Perp
Binance POLUSDT
MEXC POL_USDT
Extended POL-USD
Injective POL/USDC PERP
Lighter POL
ApeX Omni POLUSDT
BloFin POL-USDT
Hyperliquid POL
Aster POLUSDT
Bybit POLUSDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GMX POL/USD [ETH-USDC]