POL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.177%

Price spread now: Coinbase International against Aevo+0.125%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 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. Coinbase International is 0.125% dearer against Aevo than usual: you sell high and buy low (spread +0.125% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo POL-PERP	0.1122	0.0104	pay 0.0013% / 1h	42m 30s	$41K	—	3x
Short	Coinbase International POL-PERP-INTX	0.1123	−0.0128	pay 0.0016% / 1h	42m 30s	$205K	$226K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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 AevobpFee Coinbase InternationalbpOrdersPrice spread, now +0.125%Rate

Funding earned: −$48.72
Price spread: +0.125% → 0.000%: $12.48
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$62.24
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 35 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 Aevo no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 35 min ago	8.88 bp	37.3 bp −$37	doesn't fit	doesn't fit	doesn't fit

Aevo: 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-INTXshort	−0.0128%	1h	0.1123	+0.125%	$205K	$226K	50x
Kraken Futures PF_POLUSD	−0.0071%	1h	0.1124	+0.184%	$1.2M	$1.8M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1121	−0.044%	$3K	—	—	as long as short
dYdX POL-USD	+0.0003%	1h	0.1124	+0.201%	$17K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1122	+0.071%	$24K	—	150x	as long as short
Orderly PERP_POL_USDC	+0.0005%	4h	0.1123	+0.116%	$11K	$192K	20x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.945%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1123	+0.105%	$300K	$572K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1123	+0.144%	$373K	$353K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1122	+0.058%	$17.3M	$50.6M	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	0.1121	−0.036%	$16.2M	$15.4M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1122	+0.009%	$5.8M	$11.9M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1123	+0.152%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1122	+0.027%	$24.4M	$3.8M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1123	+0.125%	$2.9M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1122	0.000%	$4.2M	$5.8M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1121	−0.027%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1124	+0.179%	$664K	$189K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1124	+0.259%	$1.1M	$3.2M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1125	+0.303%	$199K	$657K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1122	+0.052%	$94K	$427K	10x	as long as short
Aevo POL-PERPlong	+0.0104%	1h	0.1122	long leg	$41K	—	3x
GMX POL/USD [ETH-USDC]	L +0.0216% / S −0.0750%	1h	0.1122	+0.045%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0304%	1h	0.1124	+0.169%	$7.6M	$4.0M	5x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1124	+0.250%	$912K	$169K	75x	as long as short