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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.039%
Price spread now: Injective against Aevo+1.184%7-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
The price spread pays, funding is against you. Injective is 1.184% dearer against Aevo than usual: you sell high and buy low (spread +1.184% now, against zero (this spread has no 7-day history yet)): +$118 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 56 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo POL-PERP0.10980.0104pay 0.0013% / 1h53m 00s$40K3x
ShortInjective POL/USDC PERP0.11110.0033get 0.0004% / 1h53m 00s$3K$124K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14.84
Price spread: +1.184% → 0.000%
$118.4
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$87.54
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Injective: live order book, 26 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 Injective live order book, 26 min ago68.03 bpdoesn't fitdoesn'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
Coinbase International POL-PERP-INTX−0.0520%1h0.1096−0.182%$202K$197K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1099+0.133%$3Kas long as short
dYdX POL-USD0.0000%1h0.1101+0.291%$17K$1K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1100+0.214%$24K150xas long as short
Injective POL/USDC PERPshort+0.0033%1h0.1111+1.184%$3K$124K12x
Orderly PERP_POL_USDC+0.0038%4h0.1099+0.128%$11K$266K20xas long as short
ApeX Omni POLUSDT+0.0045%1h0.10980.000%$195K$633K50xas long as short
Lighter POL+0.0096%1h0.1100+0.174%$284K$550K8xas long as short
Aster POLUSDT+0.0100%4h0.1100+0.196%$366K$268K20xas long as short
Binance POLUSDT+0.0100%4h0.1100+0.137%$17.1M$42.0M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1099+0.073%$15.8M$11.7M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1099+0.118%$5.7M$10.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1099+0.082%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1100+0.146%$24.4M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1100+0.209%$2.9M$973K50xas long as short
Bitget POLUSDT+0.0100%4h0.1100+0.200%$4.1M$4.6M50xas long as short
BingX POL-USDT+0.0100%4h0.1100+0.146%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1101+0.238%$609K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1100+0.176%$1.1M$2.7M10xas long as short
Extended POL-USD+0.0104%1h0.1099+0.119%$95K$453K10xas long as short
Aevo POL-PERPlong+0.0104%1h0.1098long leg$40K3x
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1100+0.197%$3K100xas long as short
Hyperliquid POL+0.0230%1h0.1102+0.342%$7.5M$3.7M5xas long as short
Kraken Futures PF_POLUSD+0.0314%1h0.1100+0.219%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1100+0.155%$912K$167K75xas long as short