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−0.0312%/8h= −34.2% APRnext payment $0.39 per $10,000 · paid last 24h −0.528%
Price spread now: Coinbase International against dYdX−0.237%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
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Coinbase International is 0.237% cheaper against dYdX than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX POL-USD0.11020get 0.0000% / 1h6m 07s$17K$4K5x
ShortCoinbase International POL-PERP-INTX0.1099−0.0312pay 0.0039% / 1h6m 07s$202K$203K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$65.52
Price spread: −0.237% → 0.000%
−$23.69
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$109.21
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 62 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 Coinbase International live order book, 62 min ago13.38 bp76.4 bp −$76doesn't fitdoesn'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 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-INTXshort−0.0312%1h0.1099−0.237%$202K$203K50x
Reya POLRUSDPERP−0.0006%1h0.1101−0.072%$3Kas long as short
dYdX POL-USDlong0.0000%1h0.1102long leg$17K$4K5x
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1102+0.026%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.852%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0047%4h0.1101−0.046%$11K$313K20xas long as short
Lighter POL+0.0096%1h0.1102−0.002%$284K$577K8xas long as short
Aster POLUSDT+0.0100%4h0.1102+0.055%$366K$276K20xas long as short
Binance POLUSDT+0.0100%4h0.1101−0.092%$17.1M$43.0M75xas long as short
Bybit POLUSDT+0.0100%4h0.1101−0.092%$15.9M$12.0M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1100−0.101%$5.7M$10.2M50xas long as short
Gate POL_USDT+0.0100%4h0.1100−0.101%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1101−0.037%$23.8M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1101−0.010%$2.9M$990K50xas long as short
Bitget POLUSDT+0.0100%4h0.1101−0.046%$4.2M$4.8M50xas long as short
BingX POL-USDT+0.0100%4h0.1101−0.064%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1100−0.114%$609K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1099−0.201%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1101−0.055%$195K$636K50xas long as short
Extended POL-USD+0.0104%1h0.1101−0.049%$92K$446K10xas long as short
Aevo POL-PERP+0.0104%1h0.1100−0.146%$40K3xas long as short
Kraken Futures PF_POLUSD+0.0117%1h0.1102+0.076%$1.2M$1.2M50xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1101−0.019%$3K100xas long as short
Hyperliquid POL+0.0240%1h0.1103+0.135%$7.4M$3.7M5xas long as short