Funding you earn now, next payment 02:00 UTC+0.0497%/8h= +54.5% APRnext payment +$0.62 per $10,000 · paid last 24h +0.119%
Price spread now: Injective against Coinbase International+0.725%7-day average +0.131% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.931%−$93 on $10k
+Price spread, last 4 days (all we have)−2.136%−$214 · spread now +0.725%, 7d avg +0.131%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Injective is 0.595% dearer against Coinbase International than usual: you sell high and buy low: +$59 more if the spread goes back to its 7-day average of +0.131%. Mind the row above: over the last 7 days funding on this pair cost −0.931%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International POL-PERP-INTX | 0.1103 | −0.0464 | get 0.0058% / 1h | 11m 18s | $203K | $199K | 50x |
| Short | Injective POL/USDC PERP | 0.1111 | 0.0033 | get 0.0004% / 1h | 11m 18s | $3K | $124K | 12x |
Coinbase International POL-PERP-INTX
Injective POL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $104.44
- Price spread: +0.725% → +0.131%
- $59.47
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $153.89
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 52 min ago; Injective: live order book, 8 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 Coinbase International live order book, 52 min ago | 13.63 bp | 35.6 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 8 min ago | 68.03 bp | doesn't fit | 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-INTXlong | −0.0464% | 1h | 0.1103 | long leg | $203K | $199K | 50x | |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1105 | +0.205% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1105 | +0.188% | $17K | $1K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1106 | +0.287% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERPshort | +0.0033% | 1h | 0.1111 | +0.725% | $3K | $124K | 12x | |
| Orderly PERP_POL_USDC | +0.0042% | 4h | 0.1106 | +0.236% | $11K | $271K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1106 | +0.286% | $285K | $565K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1105 | +0.180% | $367K | $269K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1106 | +0.308% | $17.2M | $42.0M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1106 | +0.308% | $15.9M | $11.8M | 75x | as long as short |
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1106 | +0.290% | $5.7M | $10.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1104 | +0.109% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1106 | +0.299% | $24.5M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1105 | +0.172% | $2.9M | $973K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1106 | +0.245% | $4.2M | $4.6M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1106 | +0.236% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1105 | +0.184% | $612K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1105 | +0.172% | $1.1M | $2.7M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1105 | +0.181% | $196K | $634K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1106 | +0.259% | $92K | $448K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1105 | +0.227% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1106 | +0.288% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0230% | 1h | 0.1107 | +0.399% | $7.5M | $3.7M | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.0259% | 1h | 0.1107 | +0.384% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1105 | +0.136% | $916K | $167K | 75x | as long as short |
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
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
Kraken Futures PF_POLUSD
BloFin POL-USDT