Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.026%
Price spread now: Injective against ApeX Omni+1.927%7-day average −0.211% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.470%−$147 on $10k
+Price spread, last 4 days (all we have)−4.038%−$404 · spread now +1.927%, 7d avg −0.211%
=The price spread pays, funding is against you. Injective is 2.138% dearer against ApeX Omni than usual: you sell high and buy low (spread +1.927% now, against its 7-day average of −0.211%): +$214 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months. At the pace of the last 7 days (−1.470% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni POLUSDT | 0.1090 | 0.0100 | pay 0.0013% / 1h | 33m 17s | $193K | $630K | 50x |
| Short | Injective POL/USDC PERP | 0.1111 | 0.0033 | get 0.0004% / 1h | 33m 17s | $3K | $124K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +1.927% → −0.211%
- $213.79
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $189.77
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 15 min ago; Injective: live order book, 36 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 ApeX Omni live order book, 15 min ago | 9.17 bp | 18.8 bp −$19 | 115.4 bp −$1,154 | doesn't fit | doesn't fit |
| Sell Injective live order book, 36 min ago | 127.74 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0480% | 1h | 0.1086 | −0.367% | $200K | $200K | 50x | as long as short |
| Gate POL_USDT | −0.0246% | 4h | 0.1085 | −0.459% | $1.8M | $1.3M | 75x | as long as short |
| Kraken Futures PF_POLUSD | −0.0140% | 1h | 0.1086 | −0.392% | $1.1M | $1.0M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1085 | −0.419% | $2K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1088 | −0.199% | $18K | $4K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1087 | −0.310% | $12K | — | 150x | as long as short |
| Injective POL/USDC PERPshort | +0.0033% | 1h | 0.1111 | +1.927% | $3K | $124K | 12x | |
| Orderly PERP_POL_USDC | +0.0039% | 4h | 0.1085 | −0.422% | $11K | $918K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1086 | −0.386% | $276K | $542K | 8x | as long as short |
| OKX POL-USDT-SWAP | +0.0098% | 4h | 0.1085 | −0.413% | $5.6M | $9.5M | 50x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POL | +0.0100% | 1h | 0.1087 | −0.257% | $7.3M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1087 | −0.309% | $361K | $242K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1086 | −0.367% | $16.6M | $38.5M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1085 | −0.440% | $15.6M | $10.6M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1086 | −0.385% | $24.5M | $3.2M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1086 | −0.394% | $2.9M | $939K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1086 | −0.404% | $4.0M | $4.2M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1086 | −0.376% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1088 | −0.162% | $602K | $166K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1089 | −0.095% | $1.1M | $2.7M | 10x | as long as short |
| ApeX Omni POLUSDTlong | +0.0100% | 1h | 0.1090 | long leg | $193K | $630K | 50x | |
| Extended POL-USD | +0.0104% | 1h | 0.1086 | −0.411% | $91K | $270K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1086 | −0.327% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1086 | −0.360% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1091 | +0.064% | $899K | $160K | 75x | as long as short |
ApeX Omni POLUSDT
Injective POL/USDC PERP
Coinbase International POL-PERP-INTX
Gate POL_USDT
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Lighter POL
OKX POL-USDT-SWAP
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
Extended POL-USD
GMX POL/USD [ETH-USDC]
BloFin POL-USDT