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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0086%/8h= +9.5% APRnext payment +$0.11 per $10,000 · paid last 24h −0.392%
Price spread now: ApeX Omni against dYdX+0.001%50s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX POL-USD0.11240.0014pay 0.0002% / 1h10m 27s$17K$3K5x
ShortApeX Omni POLUSDT0.11240.0100get 0.0013% / 1h10m 27s$199K$658K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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
$18.14
Price spread: +0.001% → 0.000%
$0.12
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$1.74
Costs to cover
0.200%
Break-even
7.7 days
Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 8 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 dYdX no order-book sample
Sell ApeX Omni live order book, 8 min ago8.89 bp19.0 bp −$19133.2 bp −$1,332doesn't fitdoesn't fit
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
Injective POL/USDC PERP−0.0162%1h0.1111−1.155%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1122−0.177%$205K$236K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1124+0.023%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0012%4h0.1123−0.061%$11K$197K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1122−0.139%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1123−0.052%$24K150xas long as short
dYdX POL-USDlong+0.0014%1h0.1124long leg$17K$3K5x
Lighter POL+0.0096%1h0.1124−0.025%$300K$577K8xas long as short
Aster POLUSDT+0.0100%4h0.1123−0.115%$375K$360K20xas long as short
Binance POLUSDT+0.0100%4h0.1123−0.112%$17.4M$51.0M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1122−0.141%$16.2M$15.6M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1123−0.123%$5.8M$12.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1124−0.008%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1123−0.106%$23.7M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1123−0.088%$2.8M$1.0M50xas long as short
Bitget POLUSDT+0.0100%4h0.1123−0.070%$4.2M$5.8M50xas long as short
BingX POL-USDC+0.0100%4h0.1123−0.106%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1125+0.069%$664K$193Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1124−0.025%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDTshort+0.0100%1h0.1124+0.001%$199K$658K50x
Extended POL-USD+0.0104%1h0.1123−0.107%$94K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1122−0.175%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1123−0.062%$3K100xas long as short
Hyperliquid POL+0.0235%1h0.1125+0.115%$7.6M$4.6M5xas long as short
BloFin POL-USDT+0.0340%4h0.1124−0.043%$914K$170K75xas long as short