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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h −0.208%
Price spread now: BingX against dYdX−0.008%7-day average · you buy dearer than you sell
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX POL-USD0.11030.0205pay 0.0026% / 1h28m 43s$17K$2K5x
ShortBingX POL-USDC0.11030.0100get 0.0050% / 4h28m 43s$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$22.14
Price spread: −0.008% → 0.000%
−$0.82
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$42.96
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; BingX: live order book, 3 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 BingX live order book, 3 min ago4.54 bp70.7 bp −$71291.3 bp −$2,9131179.2 bp −$117.9Kdoesn'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
Coinbase International POL-PERP-INTX−0.0520%1h0.1103−0.035%$203K$198K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1103−0.029%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1104+0.057%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.690%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0041%4h0.1103+0.001%$11K$260K20xas long as short
Lighter POL+0.0096%1h0.1103+0.006%$281K$555K8xas long as short
Aster POLUSDT+0.0100%4h0.1103−0.015%$366K$271K20xas long as short
Binance POLUSDT+0.0100%4h0.1103−0.008%$17.1M$42.0M75xas long as short
Bybit POLUSDT+0.0100%4h0.1103−0.054%$15.8M$11.8M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1103−0.008%$5.7M$10.1M50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate POL_USDT+0.0100%4h0.1103−0.081%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1103−0.035%$24.5M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1104+0.019%$2.9M$976K50xas long as short
Bitget POLUSDT+0.0100%4h0.1103+0.001%$4.1M$4.7M50xas long as short
BingX POL-USDCshort+0.0100%4h0.1103−0.008%$1.7M
Variational Omni POL+0.0100%4h0.1101−0.193%$610K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1103−0.037%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1099−0.398%$195K$635K50xas long as short
Extended POL-USD+0.0104%1h0.1103−0.022%$95K$451K10xas long as short
Aevo POL-PERP+0.0104%1h0.1102−0.126%$40K3xas long as short
Hyperliquid POL+0.0160%1h0.1105+0.146%$7.5M$3.7M5xas long as short
dYdX POL-USDlong+0.0205%1h0.1103long leg$17K$2K5x
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1104+0.054%$3K100xas long as short
Kraken Futures PF_POLUSD+0.0313%1h0.1104+0.042%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1103−0.008%$905K$169K75xas long as short