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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.163%
Price spread now: gTrade (Gains Network) against Coinbase International+0.529%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 3 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 +$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.529% dearer against Coinbase International than usual: you sell high and buy low: +$53 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-INTX0.1111−0.0080get 0.0010% / 1h33m 39s$202K$254K50x
ShortgTrade (Gains Network) POL/USD0.1117L +0.0004% / S −0.0006%get 0.0001% / 1h33m 39s$22K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$18.1
Price spread: +0.529% → 0.000%
$52.93
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$51.02
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 54 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 54 min ago8.94 bp13.9 bp −$14doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTXlong−0.0080%1h0.1111long leg$202K$254K50x
Kraken Futures PF_POLUSD−0.0072%1h0.1116+0.489%$1.2M$1.8M50xas long as short
ApeX Omni POLUSDT−0.0045%1h0.1115+0.360%$197K$660K50xas long as short
Orderly PERP_POL_USDC−0.0035%4h0.1116+0.450%$11K$209K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1116+0.433%$3Kas long as short
dYdX POL-USD+0.0003%1h0.1117+0.531%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDshortL +0.0004% / S −0.0006%1h0.1117+0.529%$22K150x
Injective POL/USDC PERP+0.0033%1h0.11110.000%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1116+0.447%$312K$559K8xas long as short
Hyperliquid POL+0.0100%1h0.1118+0.612%$7.6M$4.6M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.1117+0.496%$371K$383K20xas long as short
Binance POLUSDT+0.0100%4h0.1116+0.432%$17.0M$51.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1115+0.369%$16.0M$16.4M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1115+0.405%$5.8M$12.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1116+0.468%$1.9M$1.4M75xas long as short
MEXC POL_USDT+0.0100%4h0.1116+0.432%$23.4M$4.0M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1117+0.504%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1116+0.450%$4.1M$6.0M50xas long as short
BingX POL-USDT+0.0100%4h0.1116+0.495%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1115+0.334%$658K$211Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1117+0.541%$1.1M$3.4M10xas long as short
Extended POL-USD+0.0104%1h0.1116+0.411%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1114+0.315%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1117+0.518%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1117+0.576%$903K$168K75xas long as short