Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0333%/8h= −36.4% APRpaid last 24h −0.075%

Price spread now: gTrade (Gains Network) against BloFin+0.098%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.098% dearer against BloFin than usual: you sell high and buy low (spread +0.098% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin POL-USDT	0.1120	0.0340	pay 0.0170% / 4h	0m 53s	$908K	$159K	75x
Short	gTrade (Gains Network) POL/USD	0.1121	L +0.0004% / S −0.0007%	get 0.0001% / 1h	0m 53s	$24K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.098%Rate

Funding earned: −$69.87
Price spread: +0.098% → 0.000%: $9.82
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$82.05
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 11 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 11 min ago	0.89 bp	15.9 bp −$16	25.8 bp −$258	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

POL on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International POL-PERP-INTX	−0.0128%	1h	0.1118	−0.205%	$205K	$217K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0072%	1h	0.1122	+0.129%	$1.2M	$1.7M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1121	+0.022%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USDshort	L +0.0004% / S −0.0007%	1h	0.1121	+0.098%	$24K	—	150x
dYdX POL-USD	+0.0012%	1h	0.1121	+0.098%	$17K	$3K	5x	as long as short
Orderly PERP_POL_USDC	+0.0014%	4h	0.1121	+0.036%	$11K	$183K	20x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.830%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1121	+0.107%	$300K	$580K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1121	+0.068%	$372K	$340K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1121	+0.079%	$17.3M	$48.9M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1121	+0.036%	$16.2M	$14.4M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1121	+0.071%	$5.8M	$11.4M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1120	+0.009%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1121	+0.107%	$24.3M	$3.9M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1121	+0.107%	$3.0M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1122	+0.125%	$4.2M	$5.2M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1121	+0.080%	—	$1.7M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1120	−0.063%	$662K	$183K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1120	−0.019%	$1.1M	$3.1M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1122	+0.152%	$198K	$646K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1121	+0.082%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1119	−0.071%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0216% / S −0.0750%	1h	0.1121	+0.096%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0227%	1h	0.1123	+0.250%	$7.6M	$3.9M	5x	as long as short
BloFin POL-USDTlong	+0.0340%	4h	0.1120	long leg	$908K	$159K	75x