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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.059%
Price spread now: BloFin against Binance0.000%61s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.443% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.238%+$24 on $10k
Price spread, last 3 days (all we have)−0.392%−$39 · spread now 0.000%, 7d avg −0.021%
Together, before fees−0.153%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.021% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POLUSDT0.11210.0100pay 0.0050% / 4h28m 18s$17.2M$50.2M75x
ShortBloFin POL-USDT0.11210.0340get 0.0170% / 4h28m 18s$913K$169K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$50.4
Price spread: 0.000% → −0.021%
$2.07
Slippage, 4 orders
−$22.32
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$8.15
Costs to cover
0.443%
Break-even
5.9 days
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 49 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, 14 min ago0.45 bp10.5 bp −$1123.3 bp −$233187.9 bp −$18.8Kdoesn't fit
Sell BloFin live order book, 49 min ago0.89 bp11.0 bp −$1120.3 bp −$20375.8 bp −$7,580doesn'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−0.0128%1h0.1117−0.330%$204K$224K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1121+0.014%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1120−0.039%$3Kas long as short
dYdX POL-USD+0.0002%1h0.1121+0.027%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1121+0.053%$24K150xas long as short
Orderly PERP_POL_USDC+0.0009%4h0.1121−0.009%$11K$189K20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.866%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1121+0.026%$299K$572K8xas long as short
Aster POLUSDT+0.0100%4h0.1122+0.073%$373K$353K20xas long as short
Binance POLUSDTlong+0.0100%4h0.1121long leg$17.2M$50.2M75x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1120−0.062%$16.2M$15.3M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1121−0.009%$5.8M$11.8M50xas long as short
Gate POL_USDT+0.0100%4h0.1120−0.027%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1121+0.009%$24.4M$3.8M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1121+0.027%$2.9M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1120−0.018%$4.2M$5.4M50xas long as short
BingX POL-USDC+0.0100%4h0.1121+0.009%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1118−0.257%$660K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1119−0.166%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1120−0.062%$198K$656K50xas long as short
Extended POL-USD+0.0104%1h0.1121−0.014%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1119−0.152%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0217% / S −0.0750%1h0.1121+0.039%$3K100xas long as short
Hyperliquid POL+0.0291%1h0.1123+0.170%$7.6M$4.0M5xas long as short
BloFin POL-USDTshort+0.0340%4h0.11210.000%$913K$169K75x