POL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0104%/8h= −11.3% APRnext payment −$0.13 per $10,000 · paid last 24h −0.050%

Price spread now: ApeX Omni against Hyperliquid−0.091%85s7-day average −0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as 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−$770.766% of the position

Long on Hyperliquid Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$10 on $10k

Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.091%, 7d avg −0.094%

Together, before fees−0.004%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.094%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 85 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	Hyperliquid POL	0.1104	0.0100	pay 0.0013% / 1h	9m 59s	$7.4M	$3.7M	5x
Short	ApeX Omni POLUSDT	0.1103	−0.0004	pay 0.0000% / 1h	9m 59s	$156K	$661K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee ApeX OmnibpOrdersPrice spread, now −0.091%Rate

Funding earned: −$21.76
Price spread: −0.091% → −0.094%: $0.32
Slippage, 4 orders: −$57.6
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$98.04
Costs to cover: 0.766%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 2 min ago; ApeX Omni: live order book, 23 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 Hyperliquid live order book, 2 min ago	0.90 bp	14.6 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 23 min ago	13.72 bp	23.4 bp −$23	126.9 bp −$1,269	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	−0.0600%	1h	0.1100	−0.362%	$200K	$181K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0471%	1h	0.1103	−0.093%	$1.2M	$1.0M	50x	as long as short
Gate POL_USDT	−0.0214%	4h	0.1102	−0.181%	$1.8M	$1.2M	75x	as long as short
Orderly PERP_POL_USDC	−0.0116%	4h	0.1102	−0.163%	$11K	$2.4M	20x	as long as short
OKX POL-USDT-SWAP	−0.0069%	4h	0.1102	−0.154%	$5.7M	$9.2M	50x	as long as short
GRVT POL_USDT_Perp	−0.0030%	4h	0.1103	−0.064%	$1.1M	$2.9M	10x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1102	−0.136%	$3K	—	—	as long as short
ApeX Omni POLUSDTshort	−0.0004%	1h	0.1103	−0.091%	$156K	$661K	50x
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0003%	1h	0.1104	−0.042%	$9K	—	150x	as long as short
MEXC POL_USDT	+0.0004%	4h	0.1102	−0.145%	$25.3M	$3.4M	125x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended POL-USD	+0.0008%	1h	0.1102	−0.192%	$94K	$526K	10x	as long as short
Binance POLUSDT	+0.0010%	4h	0.1102	−0.157%	$16.8M	$35.0M	75x	as long as short
BloFin POL-USDT	+0.0021%	4h	0.1102	−0.145%	$894K	$145K	75x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.634%	$3K	$124K	12x	as long as short
Bybit POLUSDT	+0.0070%	4h	0.1102	−0.181%	$15.8M	$9.2M	75x	as long as short
Aevo POL-PERP	+0.0080%	1h	0.1101	−0.265%	$40K	—	3x	as long as short
Lighter POL	+0.0096%	1h	0.1102	−0.138%	$270K	$549K	8x	as long as short
Hyperliquid POLlong	+0.0100%	1h	0.1104	long leg	$7.4M	$3.7M	5x
Aster POLUSDT	+0.0100%	4h	0.1103	−0.063%	$365K	$172K	20x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1103	−0.127%	$2.9M	$794K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1102	−0.163%	$4.0M	$3.7M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1102	−0.181%	—	$7.1M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1102	−0.193%	$610K	$167K	—	as long as short
dYdX POL-USD	+0.0127%	1h	0.1103	−0.091%	$23K	$8K	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0164% / S −0.0294%	1h	0.1103	−0.087%	$3K	—	100x	as long as short