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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h −0.163%
Price spread now: gTrade (Gains Network) against dYdX−0.029%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.029% cheaper against dYdX than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX POL-USD0.10950get 0.0000% / 1h58m 13s$19K$3K5x
ShortgTrade (Gains Network) POL/USD0.1095L +0.0003% / S −0.0003%get 0.0000% / 1h58m 13s$9K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$0.58
Price spread: −0.029% → 0.000%
−$2.92
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$22.34
Costs to cover
0.200%
Break-even
275.7 days
Slippage unknown: dYdX: no order-book sample; gTrade (Gains Network): 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 dYdX no order-book sample
Sell gTrade (Gains Network) no order-book sample
dYdX and gTrade (Gains Network): 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
Bybit POLUSDT−0.0657%4h0.1093−0.178%$15.7M$9.5M75xas long as short
Coinbase International POL-PERP-INTX−0.0600%1h0.1091−0.361%$202K$177K50xas long as short
Kraken Futures PF_POLUSD−0.0475%1h0.1094−0.090%$1.2M$1.0M50xas long as short
OKX POL-USDT-SWAP−0.0074%4h0.1093−0.178%$5.7M$9.3M50xas long as short
Orderly PERP_POL_USDC−0.0069%4h0.1094−0.123%$11K$2.1M20xas long as short
ApeX Omni POLUSDT−0.0039%1h0.1092−0.269%$194K$641K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1094−0.101%$3Kas long as short
dYdX POL-USDlong0.0000%1h0.1095long leg$19K$3K5x
gTrade (Gains Network) POL/USDshortL +0.0003% / S −0.0003%1h0.1095−0.029%$9K150x
Injective POL/USDC PERP+0.0033%1h0.1111+1.466%$3K$124K12xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT POL_USDT_Perp+0.0034%4h0.1094−0.075%$1.1M$2.9M10xas long as short
Binance POLUSDT+0.0069%4h0.1094−0.127%$16.7M$36.3M75xas long as short
Extended POL-USD+0.0072%1h0.1094−0.129%$92K$520K10xas long as short
MEXC POL_USDT+0.0072%4h0.1094−0.114%$25.1M$3.4M125xas long as short
Lighter POL+0.0096%1h0.1093−0.135%$276K$535K8xas long as short
Aevo POL-PERP+0.0096%1h0.1093−0.213%$40K3xas long as short
Gate POL_USDT+0.0098%4h0.1094−0.123%$1.8M$1.2M75xas long as short
Hyperliquid POL+0.0100%1h0.1095−0.014%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1094−0.077%$363K$167K20xas long as short
KuCoin POLUSDTM+0.0100%4h0.1095−0.023%$2.9M$868K50xas long as short
Bitget POLUSDT+0.0100%4h0.1094−0.114%$4.0M$3.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1094−0.114%$7.1Mas long as short
Variational Omni POL+0.0100%4h0.1093−0.173%$604K$166Kas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1095−0.025%$3K100xas long as short
BloFin POL-USDT+0.0293%4h0.1094−0.078%$894K$146K75xas long as short