Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.038%
Price spread now: Injective against KuCoin−0.919%7-day average −0.302% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.505%−$151 on $10k
+Price spread, last 3 days (all we have)−1.293%−$129 · spread now −0.919%, 7d avg −0.302%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.616% cheaper against KuCoin than usual: you would sell low and buy high (−$62 if the spread goes back to its 7-day average of −0.302%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POLUSDTM | 0.1121 | 0.0100 | pay 0.0050% / 4h | 3h 26m | $3.0M | $982K | 50x |
| Short | Injective POL/USDC PERP | 0.1111 | 0.0033 | get 0.0004% / 1h | 26m 52s | $3K | $124K | 12x |
KuCoin POLUSDTM
Injective POL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −0.919% → −0.302%
- −$61.63
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$87.65
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Injective: live order book, 2 min ago. 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 KuCoin live order book, 5 min ago | 5.80 bp | 36.8 bp −$37 | 129.3 bp −$1,293 | doesn't fit | doesn't fit |
| Sell Injective live order book, 2 min ago | 89.44 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_POLUSD | −0.0239% | 1h | 0.1122 | +0.057% | $1.2M | $1.3M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0152% | 1h | 0.1116 | −0.473% | $204K | $199K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1121 | −0.024% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1122 | +0.057% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0019% | 4h | 0.1121 | −0.027% | $11K | $167K | 20x | as long as short |
| dYdX POL-USD | +0.0025% | 1h | 0.1121 | +0.009% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERPshort | +0.0033% | 1h | 0.1111 | −0.919% | $3K | $124K | 12x | |
| Lighter POL | +0.0096% | 1h | 0.1122 | +0.019% | $293K | $582K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1121 | −0.010% | $372K | $303K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1122 | +0.045% | $17.2M | $44.6M | 75x | as long as short |
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
dYdX POL-USD
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 | 0.1122 | +0.036% | $16.2M | $13.1M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1122 | +0.062% | $5.8M | $10.7M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1121 | −0.062% | $1.9M | $1.2M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1122 | +0.027% | $24.3M | $3.7M | 125x | as long as short |
| KuCoin POLUSDTMlong | +0.0100% | 4h | 0.1121 | long leg | $3.0M | $982K | 50x | |
| Bitget POLUSDT | +0.0100% | 4h | 0.1122 | +0.036% | $4.2M | $4.8M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1122 | +0.054% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1119 | −0.216% | $620K | $224K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | −0.161% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1120 | −0.116% | $198K | $645K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1121 | −0.023% | $93K | $449K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1120 | −0.116% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0124% | 1h | 0.1124 | +0.214% | $7.6M | $3.9M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0217% / S −0.0750% | 1h | 0.1122 | +0.046% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1121 | −0.009% | $910K | $159K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT