Funding you earn now, next payment 02:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h +0.032%
Price spread now: Variational Omni against Reya+0.344%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.344% dearer against Reya than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya POLRUSDPERP | 0.1103 | −0.0006 | get 0.0001% / 1h | 41m 58s | $3K | — | — |
| Short | Variational Omni POL | 0.1107 | 0.0100 | get 0.0050% / 4h | 2h 41m | $613K | $224K | — |
Reya POLRUSDPERP
Variational Omni POLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Reya. 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
- $22.31
- Price spread: +0.344% → 0.000%
- $34.43
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $50.74
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 27 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 Reya no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 27 min ago | 8.90 bp | doesn't fit | 44.5 bp −$445 | doesn't fit | doesn't fit |
Reya: 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 | −0.0312% | 1h | 0.1102 | −0.075% | $203K | $205K | 50x | as long as short |
| Reya POLRUSDPERPlong | −0.0006% | 1h | 0.1103 | long leg | $3K | — | — | |
| dYdX POL-USD | 0.0000% | 1h | 0.1104 | +0.090% | $17K | $4K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1103 | +0.027% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.741% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0035% | 4h | 0.1103 | −0.012% | $11K | $259K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1103 | +0.041% | $285K | $576K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1104 | +0.066% | $367K | $275K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1103 | +0.052% | $17.0M | $44.1M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1103 | +0.024% | $16.0M | $12.6M | 75x | as long as short |
Coinbase International POL-PERP-INTX
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
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 | 0.1103 | +0.033% | $5.7M | $10.5M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1103 | −0.021% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1103 | +0.015% | $23.9M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1103 | +0.006% | $2.9M | $1.0M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1103 | +0.052% | $4.2M | $4.9M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1103 | −0.021% | — | $1.6M | — | as long as short |
| Variational Omni POLshort | +0.0100% | 4h | 0.1107 | +0.344% | $613K | $224K | — | |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1105 | +0.178% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1109 | +0.559% | $196K | $641K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1103 | +0.004% | $92K | $447K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1101 | −0.187% | $40K | — | 3x | as long as short |
| Kraken Futures PF_POLUSD | +0.0117% | 1h | 0.1104 | +0.087% | $1.2M | $1.3M | 50x | as long as short |
| Hyperliquid POL | +0.0153% | 1h | 0.1105 | +0.188% | $7.4M | $3.9M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1103 | +0.033% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1109 | +0.568% | $912K | $156K | 75x | as long as short |
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
Kraken Futures PF_POLUSD
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT