Funding you earn now, next payment 01:00 UTC−0.0075%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h −0.034%
Price spread now: Aevo against Hyperliquid−0.358%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.358% cheaper against Hyperliquid than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid POL | 0.1128 | 0.0179 | pay 0.0022% / 1h | 13m 24s | $7.6M | $3.9M | 5x |
| Short | Aevo POL-PERP | 0.1124 | 0.0104 | get 0.0013% / 1h | 13m 24s | $41K | — | 3x |
Hyperliquid POL
Aevo POL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Hyperliquid. 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
- −$15.85
- Price spread: −0.358% → 0.000%
- −$35.83
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$76.67
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Aevo: no order-book sample. 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 Hyperliquid live order book, 9 min ago | 2.22 bp | 14.4 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_POLUSD | −0.0238% | 1h | 0.1126 | −0.156% | $1.2M | $1.3M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0152% | 1h | 0.1116 | −1.029% | $204K | $199K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1125 | −0.237% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1126 | −0.148% | $24K | — | 150x | as long as short |
| dYdX POL-USD | +0.0018% | 1h | 0.1127 | −0.069% | $17K | $4K | 5x | as long as short |
| Orderly PERP_POL_USDC | +0.0024% | 4h | 0.1125 | −0.231% | $11K | $162K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −1.472% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1127 | −0.067% | $294K | $585K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1127 | −0.046% | $374K | $303K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1126 | −0.185% | $17.3M | $44.1M | 75x | as long as short |
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
dYdX POL-USD
Orderly PERP_POL_USDC
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1125 | −0.213% | $16.2M | $12.9M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1125 | −0.231% | $5.8M | $10.6M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1125 | −0.204% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1126 | −0.177% | $24.4M | $3.7M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1126 | −0.115% | $3.0M | $973K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1126 | −0.151% | $4.2M | $4.8M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1126 | −0.124% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1125 | −0.228% | $623K | $224K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1126 | −0.142% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1127 | −0.053% | $199K | $646K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1125 | −0.207% | $94K | $449K | 10x | as long as short |
| Aevo POL-PERPshort | +0.0104% | 1h | 0.1124 | −0.358% | $41K | — | 3x | |
| Hyperliquid POLlong | +0.0179% | 1h | 0.1128 | long leg | $7.6M | $3.9M | 5x | |
| GMX POL/USD [ETH-USDC] | L +0.0217% / S −0.0750% | 1h | 0.1126 | −0.179% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1127 | −0.098% | $912K | $161K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
GMX POL/USD [ETH-USDC]
BloFin POL-USDT