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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: BingX against Binance−0.009%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1541.538% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.225%+$22 on $10k
Price spread, last 7 days−0.019%−$2 · spread now −0.009%, 7d avg −0.010%
Together, before fees+0.206%+$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POLUSDT0.11060.0100pay 0.0050% / 4h2h 55m$17.0M$44.0M75x
ShortBingX POL-USDC0.11060.0100get 0.0050% / 4h2h 55m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$0
Price spread: −0.009% → −0.010%
$0.05
Slippage, 4 orders
−$133.75
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$153.7
Costs to cover
1.538%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; BingX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago0.45 bp11.7 bp −$1223.4 bp −$234196.3 bp −$19.6Kdoesn't fit
Sell BingX live order book, 6 min ago4.50 bp58.4 bp −$58487.9 bp −$4,8791145.5 bp −$114.5Kdoesn't fit

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−0.0312%1h0.1105−0.118%$203K$203K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1105−0.099%$3Kas long as short
dYdX POL-USD0.0000%1h0.1107+0.047%$17K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1106−0.071%$24K150xas long as short
Orderly PERP_POL_USDC+0.0030%4h0.1105−0.108%$11K$175K20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.425%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1106−0.002%$286K$575K8xas long as short
Hyperliquid POL+0.0100%1h0.1109+0.199%$7.5M$3.9M5xas long as short
Aster POLUSDT+0.0100%4h0.1108+0.125%$368K$274K20xas long as short
Binance POLUSDTlong+0.0100%4h0.1106long leg$17.0M$44.0M75x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1106−0.018%$15.9M$12.7M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1107+0.027%$5.7M$10.4M50xas long as short
Gate POL_USDT+0.0100%4h0.1106+0.009%$1.8M$1.2M75xas long as short
MEXC POL_USDT+0.0100%4h0.1106−0.009%$23.9M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1106−0.018%$2.9M$977K50xas long as short
Bitget POLUSDT+0.0100%4h0.1106−0.018%$4.1M$4.8M50xas long as short
BingX POL-USDCshort+0.0100%4h0.1106−0.009%$1.6M
Variational Omni POL+0.0100%4h0.1104−0.205%$611K$224Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1110+0.323%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1111+0.425%$197K$645K50xas long as short
Extended POL-USD+0.0104%1h0.1107+0.039%$92K$447K10xas long as short
Aevo POL-PERP+0.0104%1h0.1104−0.227%$40K3xas long as short
Kraken Futures PF_POLUSD+0.0116%1h0.1106−0.016%$1.2M$1.3M50xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1105−0.077%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1109+0.280%$909K$155K75xas long as short