Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.039%
Price spread now: Hyperliquid against Extended+0.119%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$620.621% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.119%, 7d avg +0.134%
=Together, before fees+0.316%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended POL-USD | 0.1085 | 0.0104 | pay 0.0013% / 1h | 22m 59s | $91K | $270K | 10x |
| Short | Hyperliquid POL | 0.1086 | 0.0100 | get 0.0013% / 1h | 22m 59s | $7.3M | $3.7M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: +0.119% → +0.134%
- −$1.55
- Slippage, 4 orders
- −$48.09
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$64.48
- Costs to cover
- 0.621%
- Break-even
- never at this rate
Slippage from Extended: live order book, 24 min ago; Hyperliquid: live order book, 9 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, 24 min ago | 1.84 bp | 16.5 bp −$17 | 243.4 bp −$2,434 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 1.38 bp | 13.2 bp −$13 | 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 | 0.1081 | −0.361% | $199K | $200K | 50x | as long as short |
| Gate POL_USDT | −0.0232% | 4h | 0.1085 | −0.038% | $1.8M | $1.3M | 75x | as long as short |
| Kraken Futures PF_POLUSD | −0.0140% | 1h | 0.1085 | −0.015% | $1.1M | $1.0M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1084 | −0.082% | $2K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1085 | +0.053% | $18K | $4K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1085 | +0.009% | $12K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +2.405% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0037% | 4h | 0.1084 | −0.047% | $11K | $963K | 20x | as long as short |
| ApeX Omni POLUSDT | +0.0074% | 1h | 0.1084 | −0.084% | $192K | $628K | 50x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1084 | −0.039% | $276K | $542K | 8x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0099% | 4h | 0.1085 | +0.027% | $5.6M | $9.5M | 50x | as long as short |
| Hyperliquid POLshort | +0.0100% | 1h | 0.1086 | +0.119% | $7.3M | $3.7M | 5x | |
| Aster POLUSDT | +0.0100% | 4h | 0.1085 | +0.049% | $360K | $240K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1085 | +0.022% | $16.6M | $38.2M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1085 | +0.036% | $15.6M | $10.5M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1085 | +0.027% | $24.4M | $3.2M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1085 | +0.027% | $2.8M | $940K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1085 | +0.045% | $4.0M | $4.2M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1085 | −0.001% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1083 | −0.156% | $600K | $166K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1085 | +0.017% | $1.1M | $2.7M | 10x | as long as short |
| Extended POL-USDlong | +0.0104% | 1h | 0.1085 | long leg | $91K | $270K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1083 | −0.176% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1085 | +0.018% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1085 | +0.054% | $893K | $159K | 75x | as long as short |
Extended POL-USD
Hyperliquid POL
Coinbase International POL-PERP-INTX
Gate POL_USDT
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
ApeX Omni POLUSDT
Lighter POL
OKX POL-USDT-SWAP
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
GMX POL/USD [ETH-USDC]
BloFin POL-USDT