POL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0232%/8h= +25.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.170%

Price spread now: Extended against Coinbase International−0.056%7-day average +0.365% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$920.920% of the position

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.311%+$31 on $10k

Price spread, last 3 days (all we have)+1.465%+$147 · spread now −0.056%, 7d avg +0.365%

Together, before fees+1.777%+ Points / potential airdropExtended: Active · farm board+$178 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.421% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.365%). If the spread goes back, that is −$42 on $10k: about 6.0 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International POL-PERP-INTX	0.1126	−0.0128	get 0.0016% / 1h	17m 32s	$206K	$237K	50x
Short	Extended POL-USD	0.1125	0.0104	get 0.0013% / 1h	17m 32s	$94K	$427K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee ExtendedbpOrdersPrice spread, now −0.056%Rate

Funding earned: $48.72
Price spread: −0.056% → +0.365%: −$42.07
Slippage, 4 orders: −$77.02
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$85.36
Costs to cover: 0.920%
Break-even: 19.3 days

Slippage from Coinbase International: live order book, just now; Extended: live order book, 65 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 Coinbase International live order book, just now	8.88 bp	22.5 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 65 min ago	1.88 bp	16.4 bp −$16	162.5 bp −$1,625	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
Injective POL/USDC PERP	−0.0162%	1h	0.1111	−1.332%	$3K	$124K	12x	as long as short
Coinbase International POL-PERP-INTXlong	−0.0128%	1h	0.1126	long leg	$206K	$237K	50x
Kraken Futures PF_POLUSD	−0.0071%	1h	0.1127	+0.062%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0016%	4h	0.1125	−0.053%	$11K	$199K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1125	−0.062%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1126	+0.030%	$24K	—	150x	as long as short
dYdX POL-USD	+0.0004%	1h	0.1127	+0.076%	$17K	$3K	5x	as long as short
Lighter POL	+0.0096%	1h	0.1126	−0.003%	$300K	$577K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1126	+0.017%	$377K	$360K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1125	−0.044%	$17.4M	$51.5M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1125	−0.098%	$16.2M	$15.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1125	−0.053%	$5.8M	$12.1M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1126	+0.018%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1125	−0.044%	$23.8M	$3.9M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1127	+0.044%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1126	0.000%	$4.2M	$5.9M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1126	−0.036%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1126	−0.044%	$665K	$193K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1126	−0.016%	$1.1M	$3.3M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1127	+0.089%	$199K	$657K	50x	as long as short
Extended POL-USDshort	+0.0104%	1h	0.1125	−0.056%	$94K	$427K	10x
Aevo POL-PERP	+0.0104%	1h	0.1125	−0.089%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1126	+0.023%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0216%	1h	0.1128	+0.195%	$7.6M	$4.6M	5x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1127	+0.080%	$917K	$170K	75x	as long as short