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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.027%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$930.926% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days−0.008%−$1 · spread now +0.027%, 7d avg +0.036%
Together, before fees−0.020%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX POL-USDT0.10940.0100pay 0.0050% / 4h0m 43s$7.2M
ShortKuCoin POLUSDTM0.10940.0100get 0.0050% / 4h0m 43s$2.9M$868K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.027% → +0.036%
−$0.85
Slippage, 4 orders
−$70.6
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$93.45
Costs to cover
0.926%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 6 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 ago1.84 bp13.1 bp −$1328.4 bp −$28495.9 bp −$9,590485.8 bp −$242.9K
Sell KuCoin live order book, 6 min ago5.50 bp32.0 bp −$32141.9 bp −$1,419doesn'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−0.0544%1h0.1087−0.649%$201K$176K50xas long as short
Kraken Futures PF_POLUSD−0.0233%1h0.1094−0.009%$1.2M$1.0M50xas long as short
Gate POL_USDT−0.0226%4h0.1094−0.037%$1.8M$1.3M75xas long as short
OKX POL-USDT-SWAP−0.0079%4h0.1094+0.009%$5.7M$9.3M50xas long as short
Orderly PERP_POL_USDC−0.0064%4h0.1093−0.091%$11K$2.1M20xas long as short
ApeX Omni POLUSDT−0.0039%1h0.1092−0.192%$194K$641K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1093−0.059%$3Kas long as short
dYdX POL-USD0.0000%1h0.1095+0.078%$19K$3K5xas long as short
Bybit POLUSDT0.0000%4h0.1094−0.046%$15.7M$9.6M75xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0003%1h0.1094+0.032%$9K150xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT POL_USDT_Perp+0.0030%4h0.1093−0.072%$1.1M$2.9M10xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.545%$3K$124K12xas long as short
Extended POL-USD+0.0072%1h0.1094−0.018%$92K$520K10xas long as short
MEXC POL_USDT+0.0072%4h0.10940.000%$25.0M$3.4M125xas long as short
Binance POLUSDT+0.0073%4h0.1094−0.018%$16.7M$36.3M75xas long as short
Lighter POL+0.0096%1h0.1094+0.014%$276K$544K8xas long as short
Aevo POL-PERP+0.0096%1h0.1092−0.146%$40K3xas long as short
Hyperliquid POL+0.0100%1h0.1096+0.165%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1094+0.018%$363K$167K20xas long as short
KuCoin POLUSDTMshort+0.0100%4h0.1094+0.027%$2.9M$868K50x
Bitget POLUSDT+0.0100%4h0.1095+0.055%$4.1M$3.9M50xas long as short
BingX POL-USDTlong+0.0100%4h0.1094long leg$7.2M
Variational Omni POL+0.0100%4h0.1093−0.096%$604K$166Kas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1095+0.048%$3K100xas long as short
BloFin POL-USDT+0.0293%4h0.1092−0.146%$893K$145K75xas long as short