Settings8H · net · $10k
Funding arb · Price arb /

POL

all POL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Extended against ApeX Omni−0.086%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$760.763% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.185%−$18 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.086%, 7d avg −0.042%
Together, before fees−0.161%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.044% cheaper against ApeX Omni than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni POLUSDT0.10970.0100pay 0.0013% / 1h27m 26s$195K$635K50x
ShortExtended POL-USD0.10960.0104get 0.0013% / 1h27m 26s$91K$432K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. 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

Funding earned
$0.84
Price spread: −0.086% → −0.042%
−$4.4
Slippage, 4 orders
−$61.29
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$79.85
Costs to cover
0.763%
Break-even
672.4 days
Slippage from ApeX Omni: live order book, 26 min ago; Extended: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 26 min ago13.56 bp23.0 bp −$23134.5 bp −$1,345doesn't fitdoesn't fit
Sell Extended live order book, 25 min ago0.95 bp15.3 bp −$15161.4 bp −$1,614doesn't fitdoesn't fit

POL on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0512%1h0.1096−0.091%$202K$199K50xas long as short
Kraken Futures PF_POLUSD−0.0140%1h0.1097+0.017%$1.2M$1.2M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1095−0.155%$3Kas long as short
dYdX POL-USD0.0000%1h0.1098+0.117%$17K$2K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1096−0.095%$12K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.276%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0043%4h0.1096−0.073%$11K$462K20xas long as short
Gate POL_USDT+0.0088%4h0.1096−0.064%$1.8M$1.4M75xas long as short
Lighter POL+0.0096%1h0.1097−0.041%$279K$541K8xas long as short
Hyperliquid POL+0.0100%1h0.1098+0.046%$7.4M$3.7M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.10970.000%$364K$247K20xas long as short
Binance POLUSDT+0.0100%4h0.1096−0.125%$16.9M$40.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1095−0.182%$15.8M$11.7M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1096−0.128%$5.7M$9.9M50xas long as short
MEXC POL_USDT+0.0100%4h0.1096−0.109%$24.7M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1097+0.018%$2.9M$966K50xas long as short
Bitget POLUSDT+0.0100%4h0.1095−0.146%$4.0M$4.3M50xas long as short
BingX POL-USDC+0.0100%4h0.1096−0.055%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1099+0.178%$608K$206Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1098+0.055%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDTlong+0.0100%1h0.1097long leg$195K$635K50x
Extended POL-USDshort+0.0104%1h0.1096−0.086%$91K$432K10x
Aevo POL-PERP+0.0104%1h0.1094−0.273%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1096−0.086%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1099+0.191%$906K$164K75xas long as short