Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Extended against Binance+0.044%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$570.575% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.044%, 7d avg −0.029%
=Together, before fees−0.111%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.073% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance POLUSDT | 0.1101 | 0.0100 | pay 0.0050% / 4h | 22m 04s | $17.1M | $41.7M | 75x |
| Short | Extended POL-USD | 0.1101 | 0.0104 | get 0.0013% / 1h | 22m 04s | $92K | $456K | 10x |
Binance POLUSDT
Extended POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.84
- Price spread: +0.044% → −0.029%
- $7.27
- Slippage, 4 orders
- −$42.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$49.38
- Costs to cover
- 0.575%
- Break-even
- 418.5 days
Slippage from Binance: live order book, 5 min ago; Extended: live order book, 35 min ago.
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 Binance live order book, 5 min ago | 0.45 bp | 11.7 bp −$12 | 24.9 bp −$249 | 187.1 bp −$18.7K | doesn't fit |
| Sell Extended live order book, 35 min ago | 1.51 bp | 15.5 bp −$16 | 190.2 bp −$1,902 | 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 | −0.0520% | 1h | 0.1100 | −0.082% | $202K | $197K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1101 | +0.039% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1102 | +0.128% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.917% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0041% | 4h | 0.1102 | +0.063% | $11K | $251K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1101 | +0.054% | $280K | $555K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1101 | +0.029% | $365K | $271K | 20x | as long as short |
| Binance POLUSDTlong | +0.0100% | 4h | 0.1101 | long leg | $17.1M | $41.7M | 75x | |
| Bybit POLUSDT | +0.0100% | 4h | 0.1101 | −0.019% | $15.8M | $11.8M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1101 | −0.001% | $5.7M | $10.1M | 50x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Orderly PERP_POL_USDC
Lighter POL
Aster POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate POL_USDT | +0.0100% | 4h | 0.1100 | −0.046% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1101 | +0.045% | $24.6M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1102 | +0.117% | $2.9M | $977K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1101 | +0.036% | $4.1M | $4.6M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1101 | −0.010% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1100 | −0.042% | $609K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1102 | +0.090% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1103 | +0.190% | $196K | $637K | 50x | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1101 | +0.044% | $92K | $456K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1100 | −0.077% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0137% | 1h | 0.1102 | +0.136% | $7.5M | $3.7M | 5x | as long as short |
| dYdX POL-USD | +0.0172% | 1h | 0.1102 | +0.108% | $17K | $2K | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1102 | +0.097% | $3K | — | 100x | as long as short |
| Kraken Futures PF_POLUSD | +0.0313% | 1h | 0.1102 | +0.074% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1102 | +0.090% | $905K | $169K | 75x | as long as short |
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Aevo POL-PERP
Hyperliquid POL
dYdX POL-USD
GMX POL/USD [ETH-USDC]
Kraken Futures PF_POLUSD
BloFin POL-USDT