Funding you earn now, next payment 05:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h +0.032%
Price spread now: KuCoin against Reya+0.048%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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.048% dearer against Reya than usual: you sell high and buy low: +$5 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 | 0.1097 | −0.0006 | get 0.0001% / 1h | 15m 06s | $3K | — | — |
| Short | KuCoin POLUSDTM | 0.1097 | 0.0100 | get 0.0050% / 4h | 3h 15m | $2.9M | $965K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $22.3
- Price spread: +0.048% → 0.000%
- $4.82
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $9.12
- Costs to cover
- 0.180%
- Break-even
- 4.1 days
Slippage unknown: Reya: no order-book sample; KuCoin: 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 Reya no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 2 min ago | 6.84 bp | 34.6 bp −$35 | 125.1 bp −$1,251 | 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 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 | 0.1095 | −0.143% | $202K | $199K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0140% | 1h | 0.1097 | +0.024% | $1.2M | $1.2M | 50x | as long as short |
| Reya POLRUSDPERPlong | −0.0006% | 1h | 0.1097 | long leg | $3K | — | — | |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1097 | +0.068% | $12K | — | 150x | as long as short |
| dYdX POL-USD | +0.0027% | 1h | 0.1097 | +0.019% | $17K | $2K | 5x | as long as short |
| Gate POL_USDT | +0.0028% | 4h | 0.1096 | −0.070% | $1.8M | $1.4M | 75x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.316% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0043% | 4h | 0.1097 | +0.012% | $11K | $538K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1097 | +0.007% | $279K | $541K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1098 | +0.148% | $7.4M | $3.7M | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster POLUSDT | +0.0100% | 4h | 0.1097 | +0.047% | $364K | $247K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1096 | −0.036% | $16.8M | $41.0M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1096 | −0.070% | $15.8M | $11.7M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1096 | −0.034% | $5.7M | $9.9M | 50x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1097 | +0.003% | $24.7M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTMshort | +0.0100% | 4h | 0.1097 | +0.048% | $2.9M | $965K | 50x | |
| Bitget POLUSDT | +0.0100% | 4h | 0.1097 | +0.003% | $4.0M | $4.3M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1096 | −0.007% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1096 | −0.088% | $607K | $206K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1096 | −0.034% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1096 | −0.052% | $194K | $633K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1096 | −0.036% | $96K | $275K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1095 | −0.098% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1097 | +0.078% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1096 | −0.007% | $902K | $164K | 75x | as long as short |
KuCoin POLUSDTM
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Gate POL_USDT
Injective POL/USDC PERP
Lighter POL
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
MEXC POL_USDT
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
GMX POL/USD [ETH-USDC]
BloFin POL-USDT