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: Binance against BingX0.000%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.480% 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 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX POL-USDT0.11000.0100pay 0.0050% / 4h54m 49s$7.2M
ShortBinance POLUSDT0.11000.0100get 0.0050% / 4h54m 49s$17.1M$42.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: 0.000% → 0.000%
$0.03
Slippage, 4 orders
−$28.03
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$48
Costs to cover
0.480%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Binance: live order book, 2 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 BingX live order book, 13 min ago1.82 bp12.7 bp −$1327.0 bp −$27084.7 bp −$8,474477.4 bp −$238.7K
Sell Binance live order book, 2 min ago0.45 bp12.6 bp −$1329.3 bp −$293139.9 bp −$14.0Kdoesn'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−0.0520%1h0.1096−0.382%$202K$197K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1100−0.030%$3Kas long as short
dYdX POL-USD0.0000%1h0.1101+0.091%$17K$1K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1101+0.092%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.982%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0038%4h0.1100+0.009%$11K$267K20xas long as short
ApeX Omni POLUSDT+0.0045%1h0.1098−0.200%$195K$633K50xas long as short
Lighter POL+0.0096%1h0.1101+0.053%$284K$550K8xas long as short
Aster POLUSDT+0.0100%4h0.1101+0.037%$366K$268K20xas long as short
Binance POLUSDTshort+0.0100%4h0.11000.000%$17.1M$42.0M75x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1100−0.064%$15.8M$11.7M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1100−0.036%$5.7M$10.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1099−0.091%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1100+0.027%$24.4M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1101+0.055%$2.9M$973K50xas long as short
Bitget POLUSDT+0.0100%4h0.1101+0.091%$4.1M$4.6M50xas long as short
BingX POL-USDTlong+0.0100%4h0.1100long leg$7.2M
Variational Omni POL+0.0100%4h0.1101+0.038%$609K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1100−0.024%$1.1M$2.7M10xas long as short
Extended POL-USD+0.0104%1h0.1100+0.013%$95K$453K10xas long as short
Aevo POL-PERP+0.0104%1h0.1100−0.018%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1101+0.055%$3K100xas long as short
Hyperliquid POL+0.0266%1h0.1103+0.209%$7.5M$3.7M5xas long as short
Kraken Futures PF_POLUSD+0.0313%1h0.1101+0.117%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1102+0.127%$918K$167K75xas long as short