Funding you earn now, next payment 02:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.030%
Price spread now: Extended against Injective−0.773%100s7-day average +0.241% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.287%+$129 on $10k
+Price spread, last 3 days (all we have)+2.533%+$253 · spread now −0.773%, 7d avg +0.241%
=Together, before fees+3.820%+ Points / potential airdropExtended: Active · farm board+$382 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 1.014% cheaper against Injective than usual: you would sell low and buy high (spread −0.773% now, against its 7-day average of +0.241%). If the spread goes back, that is −$101 on $10k: about 48 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+1.287% in total) that is about 5.5 days. The two prices were read 100 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 | Injective POL/USDC PERP | 0.1111 | 0.0033 | pay 0.0004% / 1h | 59m 35s | $3K | $124K | 12x |
| Short | Extended POL-USD | 0.1102 | 0.0104 | get 0.0013% / 1h | 59m 35s | $92K | $446K | 10x |
Injective POL/USDC PERP
Extended POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. 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
- $14.84
- Price spread: −0.773% → +0.241%
- −$101.4
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$91.58
- Costs to cover
- 0.050%
- Break-even
- 50.2 days
Slippage unknown: Injective: live order book, 24 min ago; Extended: live order book, 3 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 Injective live order book, 24 min ago | 86.09 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 2.09 bp | 17.7 bp −$18 | 129.4 bp −$1,294 | doesn't fit | doesn't fit |
POL on 24 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 | −0.0312% | 1h | 0.1099 | −1.080% | $202K | $201K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1102 | −0.836% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1103 | −0.738% | $17K | $1K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1103 | −0.735% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERPlong | +0.0033% | 1h | 0.1111 | long leg | $3K | $124K | 12x | |
| Orderly PERP_POL_USDC | +0.0047% | 4h | 0.1102 | −0.828% | $11K | $306K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1103 | −0.724% | $285K | $564K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1105 | −0.504% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1103 | −0.689% | $367K | $276K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1103 | −0.747% | $17.1M | $42.6M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
Lighter POL
Hyperliquid POL
Aster POLUSDT
Binance POLUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1102 | −0.792% | $15.9M | $11.8M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1103 | −0.747% | $5.7M | $10.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1102 | −0.819% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1103 | −0.747% | $23.8M | $3.5M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1103 | −0.747% | $2.9M | $969K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1103 | −0.738% | $4.2M | $4.7M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1103 | −0.756% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1102 | −0.854% | $610K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1102 | −0.817% | $1.1M | $2.7M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1103 | −0.720% | $195K | $634K | 50x | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1102 | −0.773% | $92K | $446K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1101 | −0.900% | $40K | — | 3x | as long as short |
| Kraken Futures PF_POLUSD | +0.0117% | 1h | 0.1103 | −0.735% | $1.2M | $1.2M | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1103 | −0.761% | $3K | — | 100x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Aevo POL-PERP
Kraken Futures PF_POLUSD
GMX POL/USD [ETH-USDC]