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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.008%
Price spread now: Aevo against Bybit+0.171%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.171% dearer against Bybit than usual: you sell high and buy low, +$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POLUSDT0.11140.0100pay 0.0050% / 4h2h 54m$16.0M$16.6M75x
ShortAevo POL-PERP0.11150.0104get 0.0013% / 1h54m 39s$41K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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
$0.84
Price spread: +0.171% → 0.000%
$17.06
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$9.1
Costs to cover
0.270%
Break-even
82.8 days
Slippage unknown: Bybit: live order book, 4 min ago; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago0.45 bp10.3 bp −$1034.0 bp −$340doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0080%1h0.1113−0.054%$203K$254K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1117+0.330%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0043%4h0.1117+0.269%$11K$213K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1116+0.181%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1117+0.262%$22K150xas long as short
dYdX POL-USD+0.0018%1h0.1116+0.214%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1113−0.054%$3K$73K12xas long as short
GRVT POL_USDT_Perp+0.0068%4h0.1115+0.088%$1.1M$3.5M10xas long as short
ApeX Omni POLUSDT+0.0084%1h0.1115+0.126%$197K$659K50xas long as short
Lighter POL+0.0096%1h0.1115+0.115%$321K$549K8xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid POL+0.0100%1h0.1117+0.269%$7.6M$4.6M5xas long as short
Aster POLUSDT+0.0100%4h0.1115+0.099%$371K$383K20xas long as short
Binance POLUSDT+0.0100%4h0.1114+0.053%$17.0M$52.3M75xas long as short
Bybit POLUSDTlong+0.0100%4h0.1114long leg$16.0M$16.6M75x
OKX POL-USDT-SWAP+0.0100%4h0.1112−0.108%$5.8M$12.3M50xas long as short
Gate POL_USDT+0.0100%4h0.1114+0.027%$1.9M$1.4M75xas long as short
MEXC POL_USDT+0.0100%4h0.1114+0.027%$23.4M$4.0M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1115+0.126%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1112−0.117%$4.1M$6.0M50xas long as short
BingX POL-USDT+0.0100%4h0.1113−0.063%$7.3Mas long as short
Variational Omni POL+0.0100%4h0.1114+0.008%$658K$260Kas long as short
Extended POL-USD+0.0104%1h0.1114+0.016%$93K$437K10xas long as short
Aevo POL-PERPshort+0.0104%1h0.1115+0.171%$41K3x
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1116+0.258%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1116+0.260%$909K$169K75xas long as short