Funding you earn now, next payment 20:00 UTC+0.0004%/8hpaid last 24h −0.004%
Price spread now: Extended against Bybit+0.080%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$570.572% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 3 days (all we have)−0.092%−$9 · spread now +0.080%, 7d avg +0.004%
=Together, before fees−0.238%+ Points / potential airdropExtended: Active · farm board−$24 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 0.077% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit POLUSDT | 0.1113 | 0.0100 | pay 0.0050% / 4h | 5m 41s | $16.1M | $16.7M | 75x |
| Short | Extended POL-USD | 0.1114 | 0.0104 | get 0.0013% / 1h | 5m 41s | $93K | $447K | 10x |
Bybit POLUSDT
Extended POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $0.84
- Price spread: +0.080% → +0.004%
- $7.65
- Slippage, 4 orders
- −$41.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$48.68
- Costs to cover
- 0.572%
- Break-even
- 412.7 days
Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 26 min ago.
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 Bybit live order book, 2 min ago | 0.90 bp | 12.3 bp −$12 | 32.4 bp −$324 | doesn't fit | doesn't fit |
| Sell Extended live order book, 26 min ago | 1.53 bp | 16.0 bp −$16 | 181.7 bp −$1,817 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.0654% | 1h | 0.1113 | −0.036% | $3K | $104K | 12x | as long as short |
| Orderly PERP_POL_USDC | −0.0048% | 4h | 0.1114 | +0.045% | $11K | $219K | 20x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0008% | 1h | 0.1110 | −0.305% | $202K | $268K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1114 | +0.023% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1115 | +0.119% | $22K | — | 150x | as long as short |
| dYdX POL-USD | +0.0038% | 1h | 0.1115 | +0.135% | $17K | $3K | 5x | as long as short |
| OKX POL-USDT-SWAP | +0.0053% | 4h | 0.1114 | +0.018% | $5.8M | $12.4M | 50x | as long as short |
| Kraken Futures PF_POLUSD | +0.0054% | 1h | 0.1115 | +0.144% | $1.2M | $1.8M | 50x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1115 | +0.116% | $329K | $549K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1114 | +0.087% | $370K | $385K | 20x | as long as short |
Injective POL/USDC PERP
Orderly PERP_POL_USDC
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
dYdX POL-USD
OKX POL-USDT-SWAP
Kraken Futures PF_POLUSD
Lighter POL
Aster POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDT | +0.0100% | 4h | 0.1114 | +0.065% | $17.0M | $52.6M | 75x | as long as short |
| Bybit POLUSDTlong | +0.0100% | 4h | 0.1113 | long leg | $16.1M | $16.7M | 75x | |
| Gate POL_USDT | +0.0100% | 4h | 0.1114 | +0.009% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1114 | +0.072% | $23.3M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1114 | +0.063% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1115 | +0.126% | $4.1M | $6.0M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1114 | +0.054% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1112 | −0.113% | $657K | $276K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1113 | −0.011% | $1.1M | $3.4M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1113 | −0.036% | $197K | $654K | 50x | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1114 | +0.080% | $93K | $447K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1113 | −0.036% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1115 | +0.109% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1114 | +0.027% | $911K | $183K | 75x | as long as short |
| Hyperliquid POL | +0.0421% | 1h | 0.1117 | +0.305% | $7.6M | $4.6M | 5x | as long as short |
Binance POLUSDT
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT
Hyperliquid POL