Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0374%/8h= −41.0% APRpaid last 24h −0.023%

Price spread now: Gate against Aevo+0.037%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Gate

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Gate is 0.037% dearer against Aevo than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo POL-PERP	0.1090	0.0104	pay 0.0013% / 1h	44m 09s	$40K	—	3x
Short	Gate POL_USDT	0.1090	−0.0270	pay 0.0135% / 4h	2h 44m	$1.8M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee AevobpFee GatebpOrdersPrice spread, now +0.037%Rate

Funding earned: −$78.54
Price spread: +0.037% → 0.000%: $3.67
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$105.87
Costs to cover: 0.310%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Gate: live order book, 3 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 Aevo no order-book sample	—	—	—	—	—
Sell Gate live order book, 3 min ago	4.59 bp	20.3 bp −$20	171.4 bp −$1,714	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International POL-PERP-INTX	−0.0480%	1h	0.1089	−0.046%	$201K	$199K	50x	as long as short
Gate POL_USDTshort	−0.0270%	4h	0.1090	+0.037%	$1.8M	$1.3M	75x
Kraken Futures PF_POLUSD	−0.0140%	1h	0.1092	+0.205%	$1.2M	$1.0M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1091	+0.140%	$2K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1091	+0.100%	$18K	$4K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0001%	1h	0.1092	+0.208%	$12K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.973%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0039%	4h	0.1091	+0.147%	$11K	$811K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1091	+0.180%	$278K	$541K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1093	+0.312%	$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	0.1091	+0.160%	$362K	$242K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1091	+0.152%	$16.7M	$38.6M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1091	+0.128%	$15.7M	$10.6M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1091	+0.138%	$5.6M	$9.4M	50x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1091	+0.165%	$24.6M	$3.2M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1092	+0.211%	$2.9M	$939K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1091	+0.184%	$4.0M	$4.1M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1091	+0.147%	—	$1.7M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1089	−0.022%	$603K	$166K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1091	+0.138%	$1.1M	$2.7M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1091	+0.138%	$194K	$632K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1091	+0.130%	$91K	$276K	10x	as long as short
Aevo POL-PERPlong	+0.0104%	1h	0.1090	long leg	$40K	—	3x
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1092	+0.215%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1090	+0.018%	$898K	$160K	75x	as long as short