Funding you earn now, next payment 11:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.05 per $10,000 · paid last 24h −0.013%
Price spread now: ApeX Omni against Extended+0.207%52s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$720.716% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.207%, 7d avg +0.042%
=Together, before fees+0.030%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.165% dearer against Extended than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.042%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended POL-USD | 0.1090 | 0.0008 | pay 0.0001% / 1h | 54m 30s | $92K | $526K | 10x |
| Short | ApeX Omni POLUSDT | 0.1092 | 0.0052 | get 0.0006% / 1h | 54m 30s | $154K | $666K | 50x |
Extended POL-USD
ApeX Omni POLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Extended. 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
- $9.21
- Price spread: +0.207% → +0.042%
- $16.49
- Slippage, 4 orders
- −$56.65
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$45.95
- Costs to cover
- 0.716%
- Break-even
- 41.9 days
Slippage from Extended: live order book, 56 min ago; ApeX Omni: live order book, 56 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 Extended live order book, 56 min ago | 2.19 bp | 16.0 bp −$16 | 213.9 bp −$2,139 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 56 min ago | 9.15 bp | 19.4 bp −$19 | 135.0 bp −$1,350 | doesn't fit | doesn't fit |
POL on 25 exchanges
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 | −0.0624% | 1h | 0.1090 | +0.024% | $198K | $164K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0345% | 1h | 0.1092 | +0.180% | $1.2M | $922K | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0184% | 4h | 0.1091 | +0.079% | $10K | $2.6M | 20x | as long as short |
| Gate POL_USDT | −0.0150% | 4h | 0.1090 | +0.060% | $1.8M | $1.0M | 75x | as long as short |
| GRVT POL_USDT_Perp | −0.0066% | 4h | 0.1092 | +0.198% | $1.0M | $2.8M | 10x | as long as short |
| OKX POL-USDT-SWAP | −0.0036% | 4h | 0.1090 | +0.033% | $5.7M | $8.3M | 50x | as long as short |
| Bitget POLUSDT | −0.0008% | 4h | 0.1090 | +0.033% | $4.0M | $3.2M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1090 | +0.002% | $2K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1092 | +0.181% | $24K | $9K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1093 | +0.255% | $9K | — | 150x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Gate POL_USDT
GRVT POL_USDT_Perp
OKX POL-USDT-SWAP
Bitget POLUSDT
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USDShow all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended POL-USDlong | +0.0008% | 1h | 0.1090 | long leg | $92K | $526K | 10x | |
| MEXC POL_USDT | +0.0010% | 4h | 0.1090 | +0.042% | $25.1M | $3.2M | 125x | as long as short |
| Binance POLUSDT | +0.0012% | 4h | 0.1090 | +0.035% | $16.6M | $31.9M | 75x | as long as short |
| BloFin POL-USDT | +0.0022% | 4h | 0.1090 | +0.042% | $894K | $135K | 75x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.951% | $3K | $124K | 12x | as long as short |
| ApeX Omni POLUSDTshort | +0.0052% | 1h | 0.1092 | +0.207% | $154K | $666K | 50x | |
| Aevo POL-PERP | +0.0088% | 1h | 0.1090 | +0.024% | $40K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1091 | +0.073% | $267K | $478K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1092 | +0.189% | $7.4M | $3.4M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1091 | +0.134% | $367K | $166K | 20x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1090 | −0.004% | $15.7M | $8.6M | 75x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1092 | +0.170% | $3.1M | $773K | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1090 | +0.060% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1091 | +0.085% | $604K | $163K | — | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0164% / S −0.0294% | 1h | 0.1091 | +0.158% | $3K | — | 100x | as long as short |
MEXC POL_USDT
Binance POLUSDT
BloFin POL-USDT
Injective POL/USDC PERP
Aevo POL-PERP
Lighter POL
Hyperliquid POL
Aster POLUSDT
Bybit POLUSDT
KuCoin POLUSDTM
BingX POL-USDC
Variational Omni POL
GMX POL/USD [ETH-USDC]