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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0256%/8h= −28.0% APRnext payment $0.32 per $10,000 · paid last 24h −0.169%
Price spread now: Coinbase International against Aevo−0.580%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$8 a day on $10k at the current rate, and Coinbase International is 0.580% cheaper against Aevo than usual: you would sell low and buy high (−$58 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo POL-PERP0.11210.0104pay 0.0013% / 1h41m 54s$41K3x
ShortCoinbase International POL-PERP-INTX0.1115−0.0152pay 0.0019% / 1h41m 54s$204K$200K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$53.76
Price spread: −0.580% → 0.000%
−$57.96
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$137.72
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 31 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 Coinbase International live order book, 31 min ago8.92 bp30.7 bp −$31doesn't fitdoesn't fitdoesn'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
Kraken Futures PF_POLUSD−0.0239%1h0.1123+0.162%$1.2M$1.3M50xas long as short
Coinbase International POL-PERP-INTXshort−0.0152%1h0.1115−0.580%$204K$200K50x
Reya POLRUSDPERP−0.0006%1h0.1122+0.056%$3Kas long as short
dYdX POL-USD0.0000%1h0.1121−0.069%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1123+0.142%$24K150xas long as short
Orderly PERP_POL_USDC+0.0016%4h0.1122+0.080%$11K$174K20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.936%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1123+0.138%$294K$579K8xas long as short
Aster POLUSDT+0.0100%4h0.1122+0.065%$373K$340K20xas long as short
Binance POLUSDT+0.0100%4h0.1123+0.174%$17.3M$45.7M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1123+0.107%$16.2M$13.4M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1122+0.062%$5.8M$10.9M50xas long as short
Gate POL_USDT+0.0100%4h0.1121−0.009%$1.9M$1.2M75xas long as short
MEXC POL_USDT+0.0100%4h0.1123+0.134%$24.3M$3.7M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1123+0.143%$3.0M$1.0M50xas long as short
Bitget POLUSDT+0.0100%4h0.1123+0.143%$4.2M$4.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1123+0.134%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1118−0.278%$619K$225Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1119−0.210%$1.1M$3.0M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1118−0.312%$197K$643K50xas long as short
Extended POL-USD+0.0104%1h0.1123+0.138%$94K$545K10xas long as short
Aevo POL-PERPlong+0.0104%1h0.1121long leg$41K3x
Hyperliquid POL+0.0140%1h0.1125+0.285%$7.6M$3.9M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0217% / S −0.0750%1h0.1123+0.140%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1119−0.259%$909K$159K75xas long as short