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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0306%/8h= +33.5% APRnext payment +$0.38 per $10,000 · paid last 24h +0.131%
Price spread now: Reya against Coinbase International+0.341%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Reya is 0.341% dearer against Coinbase International than usual: you sell high and buy low: +$34 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-INTX0.1101−0.0312get 0.0039% / 1h27m 41s$203K$204K50x
ShortReya POLRUSDPERP0.1105−0.0006pay 0.0001% / 1h27m 41s$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$64.21
Price spread: +0.341% → 0.000%
$34.07
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$82.28
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 40 min ago; Reya: 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, 40 min ago13.38 bp712.5 bp −$713doesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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 24 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−0.0312%1h0.1101long leg$203K$204K50x
Reya POLRUSDPERPshort−0.0006%1h0.1105+0.341%$3K
dYdX POL-USD0.0000%1h0.1107+0.527%$17K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1106+0.431%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.908%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0039%4h0.1105+0.409%$11K$328K20xas long as short
Lighter POL+0.0096%1h0.1106+0.434%$286K$576K8xas long as short
Aster POLUSDT+0.0100%4h0.1106+0.438%$368K$275K20xas long as short
Binance POLUSDT+0.0100%4h0.1106+0.421%$17.1M$44.0M75xas long as short
Bybit POLUSDT+0.0100%4h0.1106+0.436%$16.0M$12.5M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1106+0.427%$5.7M$10.5M50xas long as short
Gate POL_USDT+0.0100%4h0.1105+0.354%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1106+0.472%$23.9M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1106+0.481%$2.9M$1.0M50xas long as short
Bitget POLUSDT+0.0100%4h0.1106+0.490%$4.2M$4.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1106+0.454%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1103+0.189%$611K$224Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1103+0.192%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1103+0.182%$195K$641K50xas long as short
Extended POL-USD+0.0104%1h0.1106+0.457%$95K$446K10xas long as short
Aevo POL-PERP+0.0104%1h0.1104+0.283%$40K3xas long as short
Kraken Futures PF_POLUSD+0.0116%1h0.1106+0.496%$1.2M$1.2M50xas long as short
Hyperliquid POL+0.0198%1h0.1108+0.599%$7.5M$3.8M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1106+0.411%$3K100xas long as short