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+0.0232%/8h= +25.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.183%
Price spread now: Aevo against Coinbase International+0.514%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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aevo is 0.514% dearer against Coinbase International than usual: you sell high and buy low: +$51 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International POL-PERP-INTX0.1111−0.0128get 0.0016% / 1h50m 23s$202K$250K50x
ShortAevo POL-PERP0.11170.0104get 0.0013% / 1h50m 23s$41K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
$48.72
Price spread: +0.514% → 0.000%
$51.4
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$74.12
Costs to cover
0.260%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 32 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 Coinbase International live order book, 32 min ago8.92 bp13.9 bp −$14doesn't fitdoesn'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
Injective POL/USDC PERP−0.0162%1h0.11110.000%$3K$124K12xas long as short
Coinbase International POL-PERP-INTXlong−0.0128%1h0.1111long leg$202K$250K50x
Kraken Futures PF_POLUSD−0.0072%1h0.1119+0.758%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0025%4h0.1119+0.675%$11K$203K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1118+0.657%$3Kas long as short
dYdX POL-USD0.0000%1h0.1120+0.801%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1119+0.749%$22K150xas long as short
Lighter POL+0.0096%1h0.1119+0.730%$310K$558K8xas long as short
Aster POLUSDT+0.0100%4h0.1120+0.797%$372K$359K20xas long as short
Binance POLUSDT+0.0100%4h0.1119+0.687%$17.1M$51.5M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1118+0.648%$16.1M$16.0M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1119+0.684%$5.8M$12.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1118+0.648%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1119+0.675%$23.6M$3.8M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1120+0.810%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1120+0.783%$4.2M$5.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1119+0.675%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1119+0.712%$661K$211Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1122+0.980%$1.1M$3.4M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1122+0.990%$199K$661K50xas long as short
Extended POL-USD+0.0104%1h0.1118+0.673%$93K$427K10xas long as short
Aevo POL-PERPshort+0.0104%1h0.1117+0.514%$41K3x
Hyperliquid POL+0.0155%1h0.1121+0.882%$7.6M$4.6M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1119+0.743%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1120+0.774%$904K$169K75xas long as short