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 Bitget+0.018%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$560.555% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.135%−$14 on $10k
Price spread, last 7 days−0.018%−$2 · spread now +0.018%, 7d avg +0.003%
Together, before fees−0.153%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget POLUSDT0.11020.0100pay 0.0050% / 4h2h 11m$4.2M$4.8M50x
ShortBinance POLUSDT0.11020.0100get 0.0050% / 4h2h 11m$17.1M$43.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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% → +0.003%
$1.48
Slippage, 4 orders
−$33.52
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$54.04
Costs to cover
0.555%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 16 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 Bitget live order book, 2 min ago3.18 bp17.5 bp −$1725.2 bp −$252doesn't fitdoesn't fit
Sell Binance live order book, 16 min ago0.90 bp13.1 bp −$1328.0 bp −$280132.2 bp −$13.2Kdoesn't fit

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%1h0.1099−0.281%$202K$203K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1102−0.035%$3Kas long as short
dYdX POL-USD0.0000%1h0.1102−0.028%$17K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1102+0.028%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.808%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0044%4h0.1103+0.073%$11K$319K20xas long as short
Lighter POL+0.0096%1h0.1103+0.052%$285K$577K8xas long as short
Aster POLUSDT+0.0100%4h0.1103+0.039%$366K$276K20xas long as short
Binance POLUSDTshort+0.0100%4h0.1102+0.018%$17.1M$43.5M75x
Bybit POLUSDT+0.0100%4h0.1102+0.009%$16.0M$12.2M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1103+0.082%$5.7M$10.3M50xas long as short
Gate POL_USDT+0.0100%4h0.1101−0.064%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1102−0.018%$23.8M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1102−0.009%$2.9M$999K50xas long as short
Bitget POLUSDTlong+0.0100%4h0.1102long leg$4.2M$4.8M50x
BingX POL-USDC+0.0100%4h0.1102−0.036%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1101−0.105%$610K$224Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1101−0.084%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1101−0.100%$195K$636K50xas long as short
Extended POL-USD+0.0104%1h0.1102−0.025%$95K$446K10xas long as short
Aevo POL-PERP+0.0104%1h0.1101−0.054%$40K3xas long as short
Kraken Futures PF_POLUSD+0.0117%1h0.1103+0.111%$1.2M$1.2M50xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1103+0.040%$3K100xas long as short
Hyperliquid POL+0.0237%1h0.1104+0.196%$7.4M$3.8M5xas long as short