Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.008%
Price spread now: Extended against OKX−0.054%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.054%, 7d avg −0.008%
=Together, before fees+0.032%+ Points / potential airdropExtended: Active · farm board+$3 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 0.046% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX POL-USDT-SWAP | 0.1097 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $5.7M | $10.0M | 50x |
| Short | Extended POL-USD | 0.1096 | 0.0104 | get 0.0013% / 1h | 27m 54s | $91K | $439K | 10x |
OKX POL-USDT-SWAP
Extended POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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: −0.054% → −0.008%
- −$4.6
- Slippage, 4 orders
- −$38.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$57.05
- Costs to cover
- 0.533%
- Break-even
- 482.4 days
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 25 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 OKX live order book, 5 min ago | 1.37 bp | 10.8 bp −$11 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell Extended live order book, 25 min ago | 0.95 bp | 15.3 bp −$15 | 161.4 bp −$1,614 | 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 | −0.0512% | 1h | 0.1096 | −0.091% | $202K | $199K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0140% | 1h | 0.1097 | +0.017% | $1.2M | $1.2M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1097 | −0.012% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1099 | +0.201% | $17K | $2K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1098 | +0.072% | $12K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.276% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0043% | 4h | 0.1097 | +0.027% | $11K | $455K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1097 | +0.015% | $279K | $541K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1098 | +0.132% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1098 | +0.068% | $364K | $247K | 20x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Orderly PERP_POL_USDC
Lighter POL
Hyperliquid POL
Aster POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDT | +0.0100% | 4h | 0.1097 | −0.018% | $16.9M | $40.9M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1096 | −0.073% | $15.8M | $11.7M | 75x | as long as short |
| OKX POL-USDT-SWAPlong | +0.0100% | 4h | 0.1097 | long leg | $5.7M | $10.0M | 50x | |
| Gate POL_USDT | +0.0100% | 4h | 0.1097 | +0.009% | $1.8M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1097 | −0.018% | $24.7M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1098 | +0.064% | $2.9M | $966K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1097 | +0.018% | $4.0M | $4.3M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1097 | 0.000% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1099 | +0.178% | $608K | $206K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1100 | +0.243% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1097 | 0.000% | $195K | $635K | 50x | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1096 | −0.054% | $91K | $439K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1095 | −0.178% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1098 | +0.075% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1099 | +0.191% | $906K | $164K | 75x | as long as short |
Binance POLUSDT
Bybit POLUSDT
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT