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+0.0004%/8h= +0.4% APRpaid last 24h −0.002%
Price spread now: Extended against Binance−0.020%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.020%, 7d avg −0.029%
Together, before fees−0.043%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POLUSDT0.11200.0100pay 0.0050% / 4h9m 54s$17.3M$49.8M75x
ShortExtended POL-USD0.11200.0104get 0.0013% / 1h9m 54s$93K$427K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.020% → −0.029%
$0.89
Slippage, 4 orders
−$39.1
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$52.38
Costs to cover
0.541%
Break-even
443.5 days
Slippage from Binance: live order book, 2 min ago; Extended: live order book, 3 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, 2 min ago0.45 bp11.6 bp −$1224.3 bp −$243185.3 bp −$18.5Kdoesn't fit
Sell Extended live order book, 3 min ago1.56 bp16.2 bp −$16165.4 bp −$1,654doesn'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
Coinbase International POL-PERP-INTX−0.0128%1h0.1118−0.179%$205K$226K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1121+0.056%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1119−0.046%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1121+0.052%$24K150xas long as short
Orderly PERP_POL_USDC+0.0012%4h0.1120−0.027%$11K$186K20xas long as short
dYdX POL-USD+0.0014%1h0.1120+0.009%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.804%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1120+0.016%$299K$572K8xas long as short
Aster POLUSDT+0.0100%4h0.11200.000%$372K$340K20xas long as short
Binance POLUSDTlong+0.0100%4h0.1120long leg$17.3M$49.8M75x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1119−0.054%$16.1M$15.1M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1120+0.018%$5.8M$11.6M50xas long as short
Gate POL_USDT+0.0100%4h0.1120−0.036%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1120+0.027%$24.3M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1120−0.009%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1120−0.018%$4.1M$5.3M50xas long as short
BingX POL-USDC+0.0100%4h0.1120−0.009%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1117−0.264%$660K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1121+0.062%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1121+0.089%$198K$649K50xas long as short
Extended POL-USDshort+0.0104%1h0.1120−0.020%$93K$427K10x
Aevo POL-PERP+0.0104%1h0.1119−0.128%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0216% / S −0.0750%1h0.1120+0.025%$3K100xas long as short
Hyperliquid POL+0.0228%1h0.1122+0.179%$7.6M$3.9M5xas long as short
BloFin POL-USDT+0.0340%4h0.1121+0.116%$911K$163K75xas long as short