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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Aevo+0.160%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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.160% dearer against Aevo than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo POL-PERP0.11220.0104pay 0.0013% / 1h13m 02s$41K3x
ShortLighter POL0.11230.0096get 0.0012% / 1h13m 02s$300K$577K8x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$1.68
Price spread: +0.160% → 0.000%
$16.05
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter: 0 bp × 2 orders
$0
Net
−$1.63
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 62 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 Lighter live order book, 62 min ago6.24 bp10.7 bp −$1174.1 bp −$741doesn'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
Injective POL/USDC PERP−0.0162%1h0.1111−0.939%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1125+0.309%$206K$237K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1124+0.195%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0013%4h0.1123+0.113%$11K$198K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1123+0.091%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1124+0.191%$24K150xas long as short
dYdX POL-USD+0.0004%1h0.1124+0.219%$17K$3K5xas long as short
Lighter POLshort+0.0096%1h0.1123+0.160%$300K$577K8x
Aster POLUSDT+0.0100%4h0.1123+0.168%$376K$358K20xas long as short
Binance POLUSDT+0.0100%4h0.1123+0.140%$17.4M$51.5M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1123+0.095%$16.2M$15.6M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1123+0.122%$5.8M$12.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1124+0.211%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1123+0.158%$23.7M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1123+0.140%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1123+0.158%$4.2M$5.8M50xas long as short
BingX POL-USDT+0.0100%4h0.1123+0.149%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1125+0.288%$664K$193Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1126+0.359%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1125+0.309%$199K$659K50xas long as short
Extended POL-USD+0.0104%1h0.1123+0.120%$94K$427K10xas long as short
Aevo POL-PERPlong+0.0104%1h0.1122long leg$41K3x
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1124+0.177%$3K100xas long as short
Hyperliquid POL+0.0230%1h0.1125+0.352%$7.6M$4.6M5xas long as short
BloFin POL-USDT+0.0340%4h0.1125+0.336%$915K$170K75xas long as short