Funding you earn now, next payment 02:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h +0.032%
Price spread now: Aster against Reya+0.132%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.132% dearer against Reya than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya POLRUSDPERP | 0.1103 | −0.0006 | get 0.0001% / 1h | 21m 09s | $3K | — | — |
| Short | Aster POLUSDT | 0.1104 | 0.0100 | get 0.0050% / 4h | 2h 21m | $367K | $276K | 20x |
Reya POLRUSDPERP
Aster POLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Reya. 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
- $22.31
- Price spread: +0.132% → 0.000%
- $13.17
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $21.48
- Costs to cover
- 0.140%
- Break-even
- 0.3 days
Slippage unknown: Reya: no order-book sample; Aster: live order book, 46 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 Reya no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 46 min ago | 7.14 bp | 16.1 bp −$16 | 274.4 bp −$2,744 | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
POL on 23 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 | −0.0312% | 1h | 0.1101 | −0.139% | $203K | $204K | 50x | as long as short |
| Reya POLRUSDPERPlong | −0.0006% | 1h | 0.1103 | long leg | $3K | — | — | |
| dYdX POL-USD | 0.0000% | 1h | 0.1104 | +0.104% | $17K | $4K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.768% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0039% | 4h | 0.1102 | −0.012% | $11K | $324K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1103 | +0.049% | $285K | $576K | 8x | as long as short |
| Aster POLUSDTshort | +0.0100% | 4h | 0.1104 | +0.132% | $367K | $276K | 20x | |
| Binance POLUSDT | +0.0100% | 4h | 0.1103 | +0.006% | $17.1M | $43.9M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1102 | −0.039% | $16.0M | $12.3M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1102 | −0.012% | $5.7M | $10.4M | 50x | as long as short |
Coinbase International POL-PERP-INTX
dYdX POL-USD
Injective POL/USDC PERP
Orderly PERP_POL_USDC
Lighter POL
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate POL_USDT | +0.0100% | 4h | 0.1103 | +0.006% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1102 | −0.012% | $23.8M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1104 | +0.115% | $2.9M | $999K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1103 | +0.079% | $4.2M | $4.9M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1103 | +0.015% | — | $1.7M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1107 | +0.393% | $612K | $224K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1104 | +0.128% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1103 | +0.042% | $195K | $637K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1102 | −0.003% | $96K | $446K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1101 | −0.105% | $40K | — | 3x | as long as short |
| Kraken Futures PF_POLUSD | +0.0117% | 1h | 0.1103 | +0.087% | $1.2M | $1.2M | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1103 | +0.060% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0224% | 1h | 0.1105 | +0.224% | $7.4M | $3.8M | 5x | as long as short |
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
Kraken Futures PF_POLUSD
GMX POL/USD [ETH-USDC]
Hyperliquid POL