Funding you earn now, next payment 01:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.066%
Price spread now: Extended against BloFin+0.095%94s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$560.555% of the position
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 3 days (all we have)+0.168%+$17 · spread now +0.095%, 7d avg −0.006%
=Together, before fees−0.089%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.101% dearer against BloFin than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of −0.006%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 34 hours. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin POL-USDT | 0.1119 | 0.0340 | pay 0.0170% / 4h | 3h 27m | $911K | $159K | 75x |
| Short | Extended POL-USD | 0.1121 | 0.0104 | get 0.0013% / 1h | 27m 32s | $93K | $449K | 10x |
BloFin POL-USDT
Extended POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- −$49.56
- Price spread: +0.095% → −0.006%
- $10.15
- Slippage, 4 orders
- −$38.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$94.94
- Costs to cover
- 0.555%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 44 min ago; Extended: live order book, 45 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 BloFin live order book, 44 min ago | 0.89 bp | 15.9 bp −$16 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Extended live order book, 45 min ago | 1.56 bp | 16.2 bp −$16 | 165.4 bp −$1,654 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_POLUSD | −0.0239% | 1h | 0.1122 | +0.253% | $1.2M | $1.3M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0152% | 1h | 0.1116 | −0.313% | $204K | $199K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1121 | +0.137% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1122 | +0.218% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0019% | 4h | 0.1121 | +0.152% | $11K | $168K | 20x | as long as short |
| dYdX POL-USD | +0.0025% | 1h | 0.1121 | +0.170% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.759% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1121 | +0.153% | $293K | $582K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1121 | +0.130% | $372K | $303K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1121 | +0.170% | $17.2M | $44.6M | 75x | as long as short |
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
dYdX POL-USD
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 | 0.1121 | +0.161% | $16.1M | $13.1M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1121 | +0.161% | $5.8M | $10.7M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1120 | +0.080% | $1.9M | $1.2M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1121 | +0.161% | $24.3M | $3.7M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1121 | +0.152% | $3.0M | $982K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1122 | +0.197% | $4.2M | $4.8M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1121 | +0.125% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1119 | −0.056% | $620K | $224K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | 0.000% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1120 | +0.045% | $198K | $645K | 50x | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1121 | +0.095% | $93K | $449K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1120 | +0.051% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0124% | 1h | 0.1124 | +0.357% | $7.6M | $3.9M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0217% / S −0.0750% | 1h | 0.1122 | +0.207% | $3K | — | 100x | as long as short |
| BloFin POL-USDTlong | +0.0340% | 4h | 0.1119 | long leg | $911K | $159K | 75x |
Bybit POLUSDT
OKX POL-USDT-SWAP
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
GMX POL/USD [ETH-USDC]