POL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0340%/8h= +37.2% APRnext payment +$0.43 per $10,000 · paid last 24h +0.094%

Price spread now: ApeX Omni against Kraken Futures+0.260%75s7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as 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−$880.879% of the position

Long on Kraken Futures Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.318%+$32 on $10k

Price spread, last 3 days (all we have)−0.137%−$14 · spread now +0.260%, 7d avg −0.042%

Together, before fees+0.181%+$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and ApeX Omni is 0.302% dearer against Kraken Futures than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.042%. The two prices were read 75 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	Kraken Futures PF_POLUSD	0.1117	−0.0240	get 0.0030% / 1h	50m 01s	$1.2M	$1.4M	50x
Short	ApeX Omni POLUSDT	0.1120	0.0100	get 0.0013% / 1h	50m 01s	$198K	$644K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Kraken Futures. 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 Kraken FuturesbpFee ApeX OmnibpOrdersPrice spread, now +0.260%Rate

Funding earned: $71.44
Price spread: +0.260% → −0.042%: $30.15
Slippage, 4 orders: −$67.88
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $13.71
Costs to cover: 0.879%
Break-even: 5.7 days

Slippage from Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago	7.13 bp	14.1 bp −$14	61.2 bp −$612	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 23 min ago	13.39 bp	23.7 bp −$24	137.1 bp −$1,371	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
Kraken Futures PF_POLUSDlong	−0.0240%	1h	0.1117	long leg	$1.2M	$1.4M	50x
Coinbase International POL-PERP-INTX	−0.0152%	1h	0.1117	−0.009%	$205K	$214K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1118	+0.041%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1118	+0.081%	$17K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1118	+0.093%	$24K	—	150x	as long as short
Orderly PERP_POL_USDC	+0.0014%	4h	0.1117	−0.036%	$11K	$179K	20x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.546%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1117	0.000%	$298K	$574K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1118	+0.102%	$372K	$340K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1117	−0.009%	$17.2M	$47.4M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1116	−0.080%	$16.1M	$14.1M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1117	−0.018%	$5.8M	$11.2M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1118	+0.117%	$1.9M	$1.2M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1117	0.000%	$24.2M	$3.7M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1118	+0.036%	$3.0M	$1.0M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1117	−0.036%	$4.1M	$5.1M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1117	−0.018%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1117	−0.006%	$661K	$183K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1121	+0.338%	$1.1M	$3.0M	10x	as long as short
ApeX Omni POLUSDTshort	+0.0100%	1h	0.1120	+0.260%	$198K	$644K	50x
Extended POL-USD	+0.0104%	1h	0.1117	−0.031%	$94K	$450K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1117	+0.030%	$41K	—	3x	as long as short
Hyperliquid POL	+0.0136%	1h	0.1119	+0.135%	$7.6M	$3.9M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0216% / S −0.0750%	1h	0.1118	+0.094%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1118	+0.045%	$906K	$159K	75x	as long as short