Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Aevo against Extended−0.197%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.197% cheaper against Extended than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended POL-USD	0.1104	0.0104	pay 0.0013% / 1h	42m 54s	$92K	$448K	10x
Short	Aevo POL-PERP	0.1102	0.0104	get 0.0013% / 1h	42m 54s	$40K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee AevobpOrdersPrice spread, now −0.197%Rate

Funding earned: $0
Price spread: −0.197% → 0.000%: −$19.7
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$40.7
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 20 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 20 min ago	2.09 bp	17.1 bp −$17	149.5 bp −$1,495	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International POL-PERP-INTX	−0.0464%	1h	0.1098	−0.517%	$202K	$201K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1103	−0.094%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1101	−0.232%	$17K	$1K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1103	−0.021%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.661%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0044%	4h	0.1103	−0.055%	$11K	$299K	20x	as long as short
ApeX Omni POLUSDT	+0.0048%	1h	0.1100	−0.336%	$195K	$636K	50x	as long as short
Lighter POL	+0.0096%	1h	0.1104	−0.017%	$285K	$564K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1103	−0.077%	$367K	$269K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1104	+0.020%	$17.1M	$42.2M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1103	−0.064%	$15.9M	$11.9M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1103	−0.055%	$5.7M	$10.1M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1103	−0.082%	$1.8M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1104	+0.027%	$23.8M	$3.5M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1104	−0.018%	$2.9M	$975K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1104	+0.027%	$4.2M	$4.7M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1103	−0.028%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1100	−0.294%	$609K	$209K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1100	−0.303%	$1.1M	$2.7M	10x	as long as short
Extended POL-USDlong	+0.0104%	1h	0.1104	long leg	$92K	$448K	10x
Aevo POL-PERPshort	+0.0104%	1h	0.1102	−0.197%	$40K	—	3x
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1104	−0.004%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0226%	1h	0.1105	+0.154%	$7.4M	$3.7M	5x	as long as short
Kraken Futures PF_POLUSD	+0.0260%	1h	0.1104	+0.067%	$1.2M	$1.2M	50x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1101	−0.200%	$911K	$165K	75x	as long as short