Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Extended against KuCoin−0.091%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$880.879% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.091%, 7d avg −0.060%
=Together, before fees−0.206%+ Points / potential airdropExtended: Active · farm board−$21 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: Extended is 0.031% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POLUSDTM | 0.1090 | 0.0100 | pay 0.0050% / 4h | 11m 34s | $2.9M | $918K | 50x |
| Short | Extended POL-USD | 0.1089 | 0.0096 | get 0.0012% / 1h | 11m 34s | $91K | $518K | 10x |
KuCoin POLUSDTM
Extended POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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: −0.091% → −0.060%
- −$3.14
- Slippage, 4 orders
- −$70.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$91.93
- Costs to cover
- 0.879%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Extended: live order book, 26 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 KuCoin live order book, 6 min ago | 4.58 bp | 28.9 bp −$29 | 132.4 bp −$1,324 | doesn't fit | doesn't fit |
| Sell Extended live order book, 26 min ago | 0.83 bp | 14.6 bp −$15 | 145.5 bp −$1,455 | 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 | −0.0544% | 1h | 0.1087 | −0.294% | $201K | $176K | 50x | as long as short |
| Gate POL_USDT | −0.0254% | 4h | 0.1090 | 0.000% | $1.8M | $1.3M | 75x | as long as short |
| Kraken Futures PF_POLUSD | −0.0233% | 1h | 0.1091 | +0.104% | $1.1M | $995K | 50x | as long as short |
| OKX POL-USDT-SWAP | −0.0080% | 4h | 0.1090 | −0.018% | $5.7M | $9.3M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0049% | 4h | 0.1090 | 0.000% | $11K | $2.0M | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1090 | +0.005% | $2K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1092 | +0.127% | $19K | $3K | 5x | as long as short |
| ApeX Omni POLUSDT | +0.0001% | 1h | 0.1090 | −0.018% | $193K | $641K | 50x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1091 | +0.098% | $9K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.908% | $3K | $124K | 12x | as long as short |
Coinbase International POL-PERP-INTX
Gate POL_USDT
Kraken Futures PF_POLUSD
OKX POL-USDT-SWAP
Orderly PERP_POL_USDC
Reya POLRUSDPERP
dYdX POL-USD
ApeX Omni POLUSDT
gTrade (Gains Network) POL/USD
Injective POL/USDC PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0036% | 4h | 0.1089 | −0.083% | $15.7M | $9.6M | 75x | as long as short |
| GRVT POL_USDT_Perp | +0.0046% | 4h | 0.1090 | +0.009% | $1.1M | $2.9M | 10x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1090 | −0.049% | $275K | $544K | 8x | as long as short |
| Extended POL-USDshort | +0.0096% | 1h | 0.1089 | −0.091% | $91K | $518K | 10x | |
| MEXC POL_USDT | +0.0096% | 4h | 0.1089 | −0.101% | $24.9M | $3.4M | 125x | as long as short |
| Binance POLUSDT | +0.0096% | 4h | 0.1090 | −0.055% | $16.6M | $36.3M | 75x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1091 | +0.083% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1091 | +0.076% | $362K | $167K | 20x | as long as short |
| KuCoin POLUSDTMlong | +0.0100% | 4h | 0.1090 | long leg | $2.9M | $918K | 50x | |
| Bitget POLUSDT | +0.0100% | 4h | 0.1090 | 0.000% | $4.0M | $3.9M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1090 | −0.046% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1090 | −0.052% | $602K | $166K | — | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1089 | −0.156% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1091 | +0.093% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0336% | 4h | 0.1091 | +0.055% | $898K | $146K | 75x | as long as short |
Bybit POLUSDT
GRVT POL_USDT_Perp
Lighter POL
MEXC POL_USDT
Binance POLUSDT
Hyperliquid POL
Aster POLUSDT
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT