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: MEXC against BingX0.000%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.344% 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 days+0.002%$0 · spread now 0.000%, 7d avg +0.009%
Together, before fees−0.223%−$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX POL-USDT0.11050.0100pay 0.0050% / 4h2h 30m$7.2M
ShortMEXC POL_USDT0.11050.0100get 0.0050% / 4h2h 30m$23.9M$3.6M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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% → +0.009%
−$0.91
Slippage, 4 orders
−$24.45
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$35.36
Costs to cover
0.344%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 4 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, 3 min ago2.26 bp12.4 bp −$1228.2 bp −$282112.1 bp −$11.2K499.7 bp −$249.9K
Sell MEXC live order book, 4 min ago2.72 bp4.9 bp −$512.2 bp −$12270.1 bp −$7,008177.9 bp −$88.9K

POL on 24 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−0.0312%1h0.1101−0.344%$203K$204K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1104−0.081%$3Kas long as short
dYdX POL-USD0.0000%1h0.1104−0.118%$17K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1104−0.037%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.561%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0039%4h0.1104−0.045%$11K$329K20xas long as short
Lighter POL+0.0096%1h0.1105+0.033%$285K$576K8xas long as short
Aster POLUSDT+0.0100%4h0.1105+0.022%$367K$275K20xas long as short
Binance POLUSDT+0.0100%4h0.1105+0.018%$17.1M$44.1M75xas long as short
Bybit POLUSDT+0.0100%4h0.1105−0.009%$16.0M$12.5M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1105+0.018%$5.7M$10.5M50xas long as short
Gate POL_USDT+0.0100%4h0.1104−0.081%$1.8M$1.3M75xas long as short
MEXC POL_USDTshort+0.0100%4h0.11050.000%$23.9M$3.6M125x
KuCoin POLUSDTM+0.0100%4h0.1105−0.009%$2.9M$1.0M50xas long as short
Bitget POLUSDT+0.0100%4h0.1105+0.054%$4.2M$4.9M50xas long as short
BingX POL-USDTlong+0.0100%4h0.1105long leg$7.2M
Variational Omni POL+0.0100%4h0.1103−0.156%$611K$224Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1102−0.231%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1104−0.072%$195K$640K50xas long as short
Extended POL-USD+0.0104%1h0.1104−0.045%$95K$451K10xas long as short
Aevo POL-PERP+0.0104%1h0.1104−0.118%$40K3xas long as short
Kraken Futures PF_POLUSD+0.0116%1h0.1106+0.087%$1.2M$1.2M50xas long as short
Hyperliquid POL+0.0195%1h0.1107+0.217%$7.5M$3.8M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1105−0.014%$3K100xas long as short