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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0630%/8h= +69.0% APRnext payment +$0.79 per $10,000 · paid last 24h +0.362%
Price spread now: dYdX against Coinbase International+0.155%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 +$19 a day on $10k at the current rate, and dYdX is 0.155% dearer against Coinbase International than usual: you sell high and buy low: +$15 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-INTX0.1100−0.0520get 0.0065% / 1h1m 18s$202K$197K50x
ShortdYdX POL-USD0.11020.0110get 0.0014% / 1h1m 18s$17K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$132.32
Price spread: +0.155% → 0.000%
$15.45
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$127.78
Costs to cover
0.200%
Break-even
0.2 days
Slippage unknown: Coinbase International: live order book, 57 min ago; dYdX: 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, 57 min ago13.68 bp27.2 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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-INTXlong−0.0520%1h0.1100long leg$202K$197K50x
Reya POLRUSDPERP−0.0006%1h0.1102+0.168%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1102+0.200%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.000%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0041%4h0.1101+0.127%$11K$247K20xas long as short
Lighter POL+0.0096%1h0.1102+0.184%$280K$555K8xas long as short
Aster POLUSDT+0.0100%4h0.1102+0.192%$366K$271K20xas long as short
Binance POLUSDT+0.0100%4h0.1102+0.164%$17.1M$41.4M75xas long as short
Bybit POLUSDT+0.0100%4h0.1101+0.118%$15.8M$11.8M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1102+0.164%$5.7M$10.1M50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate POL_USDT+0.0100%4h0.1101+0.064%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1103+0.236%$24.7M$3.7M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1102+0.209%$2.9M$975K50xas long as short
Bitget POLUSDT+0.0100%4h0.1102+0.182%$4.1M$4.6M50xas long as short
BingX POL-USDT+0.0100%4h0.1102+0.155%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1099−0.058%$609K$206Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1102+0.173%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1102+0.182%$195K$638K50xas long as short
Extended POL-USD+0.0104%1h0.1102+0.140%$92K$454K10xas long as short
Aevo POL-PERP+0.0104%1h0.11000.000%$40K3xas long as short
dYdX POL-USDshort+0.0110%1h0.1102+0.155%$17K$2K5x
Hyperliquid POL+0.0120%1h0.1104+0.336%$7.5M$3.7M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1102+0.195%$3K100xas long as short
Kraken Futures PF_POLUSD+0.0313%1h0.1102+0.189%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1101+0.127%$911K$169K75xas long as short