Settings8H · net · $10k
Funding arb · Price arb /

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.052%
Price spread now: BloFin against Aevo+0.037%53s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.037% dearer against Aevo than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo POL-PERP0.10950.0104pay 0.0013% / 1h59m 32s$40K3x
ShortBloFin POL-USDT0.10950.0340get 0.0170% / 4h1h 59m$895K$155K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$49.56
Price spread: +0.037% → 0.000%
$3.75
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BloFin: 6 bp × 2 orders
−$12
Net
$25.31
Costs to cover
0.280%
Break-even
3.4 days
Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 27 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell BloFin live order book, 27 min ago0.92 bp17.8 bp −$1828.5 bp −$28582.5 bp −$8,249doesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0480%1h0.1093−0.154%$201K$202K50xas long as short
Gate POL_USDT−0.0198%4h0.1095+0.019%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSD−0.0139%1h0.1096+0.137%$1.2M$1.0M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1096+0.087%$3Kas long as short
dYdX POL-USD0.0000%1h0.1097+0.191%$19K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1097+0.189%$12K150xas long as short
Orderly PERP_POL_USDC+0.0032%4h0.1096+0.129%$11K$1.1M20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.490%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1096+0.083%$277K$542K8xas long as short
Hyperliquid POL+0.0100%1h0.1097+0.220%$7.4M$3.7M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.1096+0.083%$363K$240K20xas long as short
Binance POLUSDT+0.0100%4h0.1095+0.065%$16.7M$37.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1094−0.026%$15.7M$10.3M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1095−0.008%$5.6M$9.6M50xas long as short
MEXC POL_USDT+0.0100%4h0.1095+0.074%$24.7M$3.3M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1095+0.074%$2.9M$938K50xas long as short
Bitget POLUSDT+0.0100%4h0.1096+0.111%$4.1M$4.1M50xas long as short
BingX POL-USDT+0.0100%4h0.1095+0.065%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1095+0.024%$605K$167Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1096+0.083%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1096+0.120%$195K$634K50xas long as short
Extended POL-USD+0.0104%1h0.1095+0.047%$91K$268K10xas long as short
Aevo POL-PERPlong+0.0104%1h0.1095long leg$40K3x
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1097+0.178%$3K100xas long as short
BloFin POL-USDTshort+0.0340%4h0.1095+0.037%$895K$155K75x