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 0.000%
Price spread now: Bitget against BingX−0.080%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$550.547% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 7 days+0.068%+$7 · spread now −0.080%, 7d avg +0.006%
Together, before fees−0.023%−$2 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 0.086% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX POL-USDT0.11240.0100pay 0.0050% / 4h1h 41m$7.2M
ShortBitget POLUSDT0.11230.0100get 0.0050% / 4h1h 41m$4.2M$5.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.080% → +0.006%
−$8.63
Slippage, 4 orders
−$32.69
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$63.32
Costs to cover
0.547%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; Bitget: 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, 12 min ago1.79 bp11.2 bp −$1127.8 bp −$27899.1 bp −$9,907472.3 bp −$236.2K
Sell Bitget live order book, 2 min ago1.78 bp16.4 bp −$1634.6 bp −$346doesn'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%1h0.1111−1.130%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1122−0.151%$204K$253K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1124−0.003%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0026%4h0.1123−0.098%$11K$201K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1123−0.100%$3Kas long as short
dYdX POL-USD0.0000%1h0.1124−0.002%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1124+0.004%$22K150xas long as short
Lighter POL+0.0096%1h0.1123−0.069%$307K$570K8xas long as short
Aster POLUSDT+0.0100%4h0.1123−0.059%$373K$359K20xas long as short
Binance POLUSDT+0.0100%4h0.1123−0.079%$17.1M$51.4M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1122−0.125%$16.2M$16.0M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1123−0.062%$5.8M$12.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1123−0.071%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1123−0.071%$23.7M$3.8M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1123−0.044%$2.8M$1.1M50xas long as short
Bitget POLUSDTshort+0.0100%4h0.1123−0.080%$4.2M$5.9M50x
BingX POL-USDTlong+0.0100%4h0.1124long leg$7.2M
Variational Omni POL+0.0100%4h0.1118−0.494%$660K$193Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1121−0.275%$1.1M$3.4M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1120−0.329%$198K$661K50xas long as short
Extended POL-USD+0.0104%1h0.1122−0.112%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1121−0.259%$41K3xas long as short
Hyperliquid POL+0.0160%1h0.1125+0.113%$7.6M$4.6M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1123−0.024%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1122−0.169%$905K$169K75xas long as short