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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Bitget against Binance+0.025%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$530.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.142%+$14 on $10k
Price spread, last 7 days−0.050%−$5 · spread now +0.025%, 7d avg −0.006%
Together, before fees+0.092%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.030% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POLUSDT0.11210.0100pay 0.0050% / 4h1h 56m$17.1M$51.5M75x
ShortBitget POLUSDT0.11210.0100get 0.0050% / 4h1h 56m$4.2M$5.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.025% → −0.006%
$3.02
Slippage, 4 orders
−$30.99
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$49.97
Costs to cover
0.530%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 1 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, 15 min ago0.45 bp12.6 bp −$1323.3 bp −$233175.1 bp −$17.5Kdoesn't fit
Sell Bitget live order book, 1 min ago2.24 bp16.2 bp −$1623.1 bp −$231doesn't fitdoesn'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
Injective POL/USDC PERP−0.0162%1h0.1111−0.877%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1111−0.877%$202K$253K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1120−0.103%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0026%4h0.1119−0.199%$11K$204K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1118−0.259%$3Kas long as short
dYdX POL-USD0.0000%1h0.1119−0.173%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1119−0.182%$22K150xas long as short
Lighter POL+0.0096%1h0.1119−0.162%$310K$558K8xas long as short
Aster POLUSDT+0.0100%4h0.1120−0.047%$372K$359K20xas long as short
Binance POLUSDTlong+0.0100%4h0.1121long leg$17.1M$51.5M75x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1120−0.065%$16.1M$16.2M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1121−0.020%$5.8M$12.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1119−0.118%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1121+0.007%$23.7M$3.8M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1120−0.056%$2.8M$1.1M50xas long as short
Bitget POLUSDTshort+0.0100%4h0.1121+0.025%$4.2M$5.9M50x
BingX POL-USDT+0.0100%4h0.1120−0.038%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1116−0.399%$660K$211Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1117−0.332%$1.1M$3.4M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1118−0.252%$198K$662K50xas long as short
Extended POL-USD+0.0104%1h0.1121−0.027%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1117−0.324%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1119−0.180%$3K100xas long as short
Hyperliquid POL+0.0221%1h0.1122+0.114%$7.6M$4.6M5xas long as short
BloFin POL-USDT+0.0340%4h0.1118−0.261%$906K$168K75xas long as short