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 −0.002%
Price spread now: Bybit against BingX+0.018%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$560.560% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 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-USDT0.10990.0100pay 0.0050% / 4h1h 45m$7.2M
ShortBybit POLUSDT0.10990.0100get 0.0050% / 4h1h 45m$15.9M$11.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.018% → 0.000%
$1.82
Slippage, 4 orders
−$35.03
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$54.21
Costs to cover
0.560%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: 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 BingX live order book, 7 min ago2.27 bp13.7 bp −$1428.7 bp −$28791.9 bp −$9,185493.8 bp −$246.9K
Sell Bybit live order book, 3 min ago0.45 bp15.2 bp −$1544.4 bp −$444doesn'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−0.0464%1h0.1098−0.082%$202K$201K50xas long as short
ApeX Omni POLUSDT−0.0133%1h0.1101+0.191%$195K$635K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1101+0.202%$3Kas long as short
dYdX POL-USD0.0000%1h0.1101+0.198%$17K$1K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1100+0.138%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.101%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0045%4h0.1099+0.046%$11K$299K20xas long as short
Lighter POL+0.0096%1h0.1100+0.079%$284K$564K8xas long as short
Aster POLUSDT+0.0100%4h0.1100+0.138%$366K$269K20xas long as short
Binance POLUSDT+0.0100%4h0.1100+0.091%$17.1M$42.2M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDTshort+0.0100%4h0.1099+0.018%$15.9M$11.9M75x
OKX POL-USDT-SWAP+0.0100%4h0.1100+0.064%$5.7M$10.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1099−0.009%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1099+0.046%$23.7M$3.5M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1100+0.100%$2.9M$969K50xas long as short
Bitget POLUSDT+0.0100%4h0.1100+0.082%$4.2M$4.7M50xas long as short
BingX POL-USDTlong+0.0100%4h0.1099long leg$7.2M
Variational Omni POL+0.0100%4h0.1100+0.142%$609K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1105+0.537%$1.1M$2.7M10xas long as short
Extended POL-USD+0.0104%1h0.1099+0.020%$92K$448K10xas long as short
Aevo POL-PERP+0.0104%1h0.1098−0.066%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1102+0.266%$3K100xas long as short
Hyperliquid POL+0.0225%1h0.1101+0.218%$7.4M$3.7M5xas long as short
Kraken Futures PF_POLUSD+0.0261%1h0.1100+0.132%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1100+0.100%$160K75xas long as short