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+0.0412%/8h= +45.1% APRpaid last 24h +0.162%
Price spread now: Variational Omni against Coinbase International+0.171%7-day average +0.330% · 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)+0.741%+$74 on $10k
Price spread, last 3 days (all we have)+0.692%+$69 · spread now +0.171%, 7d avg +0.330%
Together, before fees+1.433%+ Points / potential airdropVariational Omni: Active · farm board+$143 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.159% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.171% now, against its 7-day average of +0.330%). If the spread goes back, that is −$16 on $10k: about 31 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International POL-PERP-INTX0.1101−0.0312get 0.0039% / 1h32m 26s$203K$204K50x
ShortVariational Omni POL0.11030.0100get 0.0050% / 4h2h 32m$611K$224K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$86.52
Price spread: +0.171% → +0.330%
−$15.9
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$60.62
Costs to cover
0.100%
Break-even
2.1 days
Slippage unknown: Coinbase International: live order book, 35 min ago; Variational Omni: RFQ quote, 37 min ago. 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, 35 min ago13.38 bp712.5 bp −$713doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 37 min ago8.90 bpdoesn't fit44.5 bp −$445doesn't fitdoesn't fit

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 POLRUSDPERP−0.0006%1h0.1105+0.323%$3Kas long as short
dYdX POL-USD0.0000%1h0.1104+0.227%$17K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1105+0.346%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.908%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0037%4h0.1104+0.300%$11K$331K20xas long as short
Lighter POL+0.0096%1h0.1104+0.293%$285K$576K8xas long as short
Aster POLUSDT+0.0100%4h0.1104+0.308%$367K$275K20xas long as short
Binance POLUSDT+0.0100%4h0.1105+0.346%$17.1M$44.2M75xas long as short
Bybit POLUSDT+0.0100%4h0.1104+0.272%$16.0M$12.5M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1105+0.318%$5.7M$10.5M50xas long as short
Gate POL_USDT+0.0100%4h0.1104+0.236%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1105+0.372%$23.9M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1104+0.263%$2.9M$1.0M50xas long as short
Bitget POLUSDT+0.0100%4h0.1105+0.336%$4.2M$4.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1104+0.300%$7.2Mas long as short
Variational Omni POLshort+0.0100%4h0.1103+0.171%$611K$224K
GRVT POL_USDT_Perp+0.0100%4h0.1105+0.350%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1104+0.272%$195K$640K50xas long as short
Extended POL-USD+0.0104%1h0.1104+0.293%$95K$451K10xas long as short
Aevo POL-PERP+0.0104%1h0.1103+0.182%$40K3xas long as short
Kraken Futures PF_POLUSD+0.0117%1h0.1105+0.370%$1.2M$1.2M50xas long as short
Hyperliquid POL+0.0181%1h0.1107+0.509%$7.5M$3.8M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1105+0.383%$3K100xas long as short