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 −0.013%
Price spread now: MEXC against Bitget+0.027%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$380.383% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.142%−$14 on $10k
Price spread, last 7 days−0.037%−$4 · spread now +0.027%, 7d avg +0.001%
Together, before fees−0.179%−$18 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: MEXC is 0.026% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget POLUSDT0.11180.0100pay 0.0050% / 4h33m 17s$4.1M$5.5M50x
ShortMEXC POL_USDT0.11190.0100get 0.0050% / 4h33m 17s$24.3M$3.8M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.027% → +0.001%
$2.56
Slippage, 4 orders
−$26.31
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$35.75
Costs to cover
0.383%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, just now.

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, 5 min ago3.57 bp15.2 bp −$1526.8 bp −$268doesn't fitdoesn't fit
Sell MEXC live order book, just now0.45 bp4.4 bp −$417.1 bp −$17176.4 bp −$7,639192.1 bp −$96.1K

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−0.0128%1h0.1117−0.116%$204K$224K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1119+0.062%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1118+0.004%$3Kas long as short
dYdX POL-USD+0.0002%1h0.1119+0.068%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1119+0.062%$24K150xas long as short
Orderly PERP_POL_USDC+0.0007%4h0.1119+0.018%$11K$190K20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.653%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1119+0.043%$298K$572K8xas long as short
Aster POLUSDT+0.0100%4h0.1119+0.063%$372K$353K20xas long as short
Binance POLUSDT+0.0100%4h0.1119+0.045%$17.2M$50.3M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1118−0.018%$16.1M$15.3M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1118+0.009%$5.8M$11.8M50xas long as short
Gate POL_USDT+0.0100%4h0.1118−0.063%$1.9M$1.3M75xas long as short
MEXC POL_USDTshort+0.0100%4h0.1119+0.027%$24.3M$3.8M125x
KuCoin POLUSDTM+0.0100%4h0.1118−0.018%$2.8M$1.1M50xas long as short
Bitget POLUSDTlong+0.0100%4h0.1118long leg$4.1M$5.5M50x
BingX POL-USDT+0.0100%4h0.1119+0.018%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1117−0.092%$661K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1119+0.036%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1119+0.063%$197K$655K50xas long as short
Extended POL-USD+0.0104%1h0.1119+0.035%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1117−0.110%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0216% / S −0.0750%1h0.1119+0.091%$3K100xas long as short
Hyperliquid POL+0.0295%1h0.1121+0.215%$7.6M$4.0M5xas long as short
BloFin POL-USDT+0.0340%4h0.1118−0.045%$911K$168K75xas long as short