Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.015%
Price spread now: Gate against Extended+0.032%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$750.748% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.032%, 7d avg −0.012%
=Together, before fees+0.097%+ Points / potential airdropExtended: Active · farm board+$10 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: Gate is 0.044% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended POL-USD | 0.1105 | 0.0104 | pay 0.0013% / 1h | 25m 36s | $96K | $446K | 10x |
| Short | Gate POL_USDT | 0.1106 | 0.0100 | get 0.0050% / 4h | 2h 25m | $1.8M | $1.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$0.84
- Price spread: +0.032% → −0.012%
- $4.36
- Slippage, 4 orders
- −$54.76
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$71.24
- Costs to cover
- 0.748%
- Break-even
- never at this rate
Slippage from Extended: live order book, 42 min ago; Gate: live order book, 2 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, 42 min ago | 2.01 bp | 18.3 bp −$18 | 216.0 bp −$2,160 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.98 bp | 17.6 bp −$18 | 158.8 bp −$1,588 | doesn't fit | doesn't fit |
POL on 24 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 | −0.0312% | 1h | 0.1101 | −0.402% | $203K | $204K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1107 | +0.109% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1107 | +0.123% | $17K | $4K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1108 | +0.196% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.502% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0039% | 4h | 0.1107 | +0.140% | $11K | $326K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1106 | +0.070% | $286K | $576K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1107 | +0.105% | $368K | $276K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1106 | +0.040% | $17.1M | $44.0M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1105 | +0.005% | $16.0M | $12.4M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1105 | −0.004% | $5.7M | $10.5M | 50x | as long as short |
| Gate POL_USDTshort | +0.0100% | 4h | 0.1106 | +0.032% | $1.8M | $1.3M | 75x | |
| MEXC POL_USDT | +0.0100% | 4h | 0.1106 | +0.050% | $23.9M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1106 | +0.077% | $2.9M | $1.0M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1106 | +0.068% | $4.2M | $4.9M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1106 | +0.014% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1107 | +0.128% | $612K | $224K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1103 | −0.211% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1105 | −0.041% | $196K | $641K | 50x | as long as short |
| Extended POL-USDlong | +0.0104% | 1h | 0.1105 | long leg | $96K | $446K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1106 | +0.050% | $41K | — | 3x | as long as short |
| Kraken Futures PF_POLUSD | +0.0116% | 1h | 0.1108 | +0.250% | $1.2M | $1.2M | 50x | as long as short |
| Hyperliquid POL | +0.0198% | 1h | 0.1108 | +0.231% | $7.5M | $3.8M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1107 | +0.185% | $3K | — | 100x | as long as short |
Extended POL-USD
Gate POL_USDT
Coinbase International POL-PERP-INTX
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Kraken Futures PF_POLUSD
Hyperliquid POL
GMX POL/USD [ETH-USDC]