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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0313%/8h= +34.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.024%
Price spread now: Aevo against ApeX Omni−0.180%70s7-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
Funding pays, the price is against you. Aevo is 0.180% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.180% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 46 hours of funding at the current rate (+$9 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni POLUSDT0.1113−0.0209get 0.0026% / 1h44m 01s$197K$661K50x
ShortAevo POL-PERP0.11110.0104get 0.0013% / 1h44m 01s$41K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. 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
$65.65
Price spread: −0.180% → 0.000%
−$17.97
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$21.68
Costs to cover
0.260%
Break-even
4.7 days
Slippage unknown: ApeX Omni: live order book, 44 min ago; Aevo: no order-book sample. 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 ApeX Omni live order book, 44 min ago8.94 bp18.1 bp −$18122.4 bp −$1,224doesn't fitdoesn't fit
Sell Aevo no order-book sample
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
ApeX Omni POLUSDTlong−0.0209%1h0.1113long leg$197K$661K50x
Coinbase International POL-PERP-INTX−0.0080%1h0.1111−0.180%$202K$254K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1112−0.078%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0043%4h0.1111−0.153%$11K$209K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1111−0.152%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1112−0.084%$22K150xas long as short
dYdX POL-USD+0.0006%1h0.1112−0.081%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.180%$3K$124K12xas long as short
GRVT POL_USDT_Perp+0.0034%4h0.1112−0.127%$1.1M$3.5M10xas long as short
OKX POL-USDT-SWAP+0.0080%4h0.1113−0.036%$5.7M$12.1M50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter POL+0.0096%1h0.1112−0.122%$310K$559K8xas long as short
Hyperliquid POL+0.0100%1h0.1114+0.054%$7.5M$4.6M5xas long as short
Aster POLUSDT+0.0100%4h0.1112−0.079%$370K$383K20xas long as short
Binance POLUSDT+0.0100%4h0.1113−0.018%$17.0M$51.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1112−0.090%$16.0M$16.4M75xas long as short
Gate POL_USDT+0.0100%4h0.1111−0.216%$1.9M$1.4M75xas long as short
MEXC POL_USDT+0.0100%4h0.1112−0.126%$23.3M$4.0M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1111−0.153%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1112−0.081%$4.1M$6.0M50xas long as short
BingX POL-USDC+0.0100%4h0.1112−0.090%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1111−0.211%$656K$211Kas long as short
Extended POL-USD+0.0104%1h0.1111−0.165%$93K$437K10xas long as short
Aevo POL-PERPshort+0.0104%1h0.1111−0.180%$41K3x
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1112−0.073%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1111−0.216%$904K$167K75xas long as short