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−0.0244%/8h= −26.7% APRnext payment $0.30 per $10,000 · paid last 24h −0.068%
Price spread now: Kraken Futures against Aevo+0.182%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. Kraken Futures is 0.182% dearer against Aevo than usual: you sell high and buy low (spread +0.182% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo POL-PERP0.10860.0104pay 0.0013% / 1h20m 24s$40K3x
ShortKraken Futures PF_POLUSD0.1088−0.0140pay 0.0017% / 1h20m 24s$1.1M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$51.24
Price spread: +0.182% → 0.000%
$18.19
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$59.05
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Kraken Futures live order book, 3 min ago8.29 bp24.1 bp −$2492.0 bp −$920doesn'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−0.0480%1h0.1081−0.460%$199K$200K50xas long as short
Gate POL_USDT−0.0194%4h0.1089+0.304%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSDshort−0.0140%1h0.1088+0.182%$1.1M$1.0M50x
Reya POLRUSDPERP−0.0006%1h0.1090+0.368%$2Kas long as short
dYdX POL-USD0.0000%1h0.1089+0.258%$18K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1092+0.507%$12K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+2.302%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0036%4h0.1091+0.497%$11K$980K20xas long as short
ApeX Omni POLUSDT+0.0096%1h0.1084−0.184%$192K$629K50xas long as short
Lighter POL+0.0096%1h0.1090+0.331%$277K$543K8xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid POL+0.0100%1h0.1092+0.534%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1090+0.414%$361K$240K20xas long as short
Binance POLUSDT+0.0100%4h0.1091+0.440%$16.6M$38.2M75xas long as short
Bybit POLUSDT+0.0100%4h0.1091+0.488%$15.7M$10.5M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1091+0.497%$5.6M$9.5M50xas long as short
MEXC POL_USDT+0.0100%4h0.1090+0.414%$24.5M$3.2M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1090+0.405%$2.9M$940K50xas long as short
Bitget POLUSDT+0.0100%4h0.1091+0.424%$4.0M$4.2M50xas long as short
BingX POL-USDT+0.0100%4h0.1091+0.433%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1087+0.102%$601K$167Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1085−0.086%$1.1M$2.7M10xas long as short
Extended POL-USD+0.0104%1h0.1089+0.299%$91K$270K10xas long as short
Aevo POL-PERPlong+0.0104%1h0.1086long leg$40K3x
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1091+0.506%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1089+0.239%$891K$160K75xas long as short