Funding you earn now, next payment 09:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.131%
Price spread now: Injective against dYdX+1.481%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
The price spread pays, funding is against you. Injective is 1.481% dearer against dYdX than usual: you sell high and buy low (spread +1.481% now, against zero (this spread has no 7-day history yet)): +$148 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX POL-USD | 0.1095 | 0.0223 | pay 0.0028% / 1h | 31m 06s | $22K | $7K | 5x |
| Short | Injective POL/USDC PERP | 0.1111 | 0.0033 | get 0.0004% / 1h | 31m 06s | $3K | $124K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against dYdX. 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
- −$39.76
- Price spread: +1.481% → 0.000%
- $148.07
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $98.3
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Injective: live order book, 23 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Injective live order book, 23 min ago | 82.57 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
dYdX: 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-INTX | −0.0600% | 1h | 0.1091 | −0.346% | $199K | $179K | 50x | as long as short |
| Bybit POLUSDT | −0.0520% | 4h | 0.1092 | −0.209% | $15.7M | $9.4M | 75x | as long as short |
| Kraken Futures PF_POLUSD | −0.0475% | 1h | 0.1093 | −0.135% | $1.2M | $975K | 50x | as long as short |
| Gate POL_USDT | −0.0382% | 4h | 0.1094 | −0.072% | $1.8M | $1.2M | 75x | as long as short |
| Orderly PERP_POL_USDC | −0.0106% | 4h | 0.1092 | −0.237% | $11K | $2.3M | 20x | as long as short |
| ApeX Omni POLUSDT | −0.0097% | 1h | 0.1093 | −0.163% | $154K | $661K | 50x | as long as short |
| OKX POL-USDT-SWAP | −0.0095% | 4h | 0.1093 | −0.200% | $5.7M | $9.2M | 50x | as long as short |
| GRVT POL_USDT_Perp | −0.0034% | 4h | 0.1095 | +0.048% | $1.0M | $2.9M | 10x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1092 | −0.261% | $2K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1094 | −0.107% | $9K | — | 150x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDT | +0.0014% | 4h | 0.1093 | −0.200% | $16.6M | $35.6M | 75x | as long as short |
| Extended POL-USD | +0.0016% | 1h | 0.1092 | −0.245% | $91K | $521K | 10x | as long as short |
| MEXC POL_USDT | +0.0022% | 4h | 0.1092 | −0.209% | $25.1M | $3.4M | 125x | as long as short |
| Injective POL/USDC PERPshort | +0.0033% | 1h | 0.1111 | +1.481% | $3K | $124K | 12x | |
| BloFin POL-USDT | +0.0055% | 4h | 0.1092 | −0.246% | $895K | $145K | 75x | as long as short |
| Aevo POL-PERP | +0.0088% | 1h | 0.1093 | −0.134% | $40K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1093 | −0.170% | $273K | $539K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1095 | −0.017% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1094 | −0.032% | $362K | $167K | 20x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1093 | −0.127% | $2.8M | $865K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1093 | −0.173% | $4.0M | $3.8M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1092 | −0.218% | — | $7.1M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1096 | +0.090% | $606K | $167K | — | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0164% / S −0.0294% | 1h | 0.1094 | −0.102% | $3K | — | 100x | as long as short |
| dYdX POL-USDlong | +0.0223% | 1h | 0.1095 | long leg | $22K | $7K | 5x |
Injective POL/USDC PERP
Coinbase International POL-PERP-INTX
Bybit POLUSDT
Kraken Futures PF_POLUSD
Gate POL_USDT
ApeX Omni POLUSDT
OKX POL-USDT-SWAP
GRVT POL_USDT_Perp
gTrade (Gains Network) POL/USD
Binance POLUSDT
Extended POL-USD
MEXC POL_USDT
BloFin POL-USDT
Lighter POL
Hyperliquid POL
Aster POLUSDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GMX POL/USD [ETH-USDC]