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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%
Price spread now: Binance against Extended+0.038%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$530.529% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.038%, 7d avg +0.028%
Together, before fees+0.017%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POL-USD0.11000.0104pay 0.0013% / 1h8m 47s$95K$443K10x
ShortBinance POLUSDT0.11000.0100get 0.0050% / 4h2h 08m$17.1M$43.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
−$0.84
Price spread: +0.038% → +0.028%
$0.98
Slippage, 4 orders
−$37.91
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$52.77
Costs to cover
0.529%
Break-even
never at this rate
Slippage from Extended: live order book, 59 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 59 min ago2.01 bp18.3 bp −$18216.0 bp −$2,160doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago0.45 bp8.3 bp −$827.2 bp −$272140.1 bp −$14.0Kdoesn't fit

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-INTX−0.0312%1h0.1099−0.051%$202K$203K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1100+0.048%$3Kas long as short
dYdX POL-USD0.0000%1h0.1100+0.074%$17K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1100+0.037%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.040%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0045%4h0.1099−0.015%$11K$318K20xas long as short
Lighter POL+0.0096%1h0.1100+0.057%$284K$577K8xas long as short
Aster POLUSDT+0.0100%4h0.1100+0.084%$366K$276K20xas long as short
Binance POLUSDTshort+0.0100%4h0.1100+0.038%$17.1M$43.5M75x
Bybit POLUSDT+0.0100%4h0.1100−0.006%$15.9M$12.2M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1100+0.040%$5.7M$10.2M50xas long as short
Gate POL_USDT+0.0100%4h0.1099−0.078%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1100+0.049%$23.8M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1101+0.094%$2.9M$991K50xas long as short
Bitget POLUSDT+0.0100%4h0.1100+0.058%$4.2M$4.8M50xas long as short
BingX POL-USDC+0.0100%4h0.1100+0.003%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1102+0.191%$610K$224Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1103+0.283%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1102+0.222%$195K$636K50xas long as short
Extended POL-USDlong+0.0104%1h0.1100long leg$95K$443K10x
Aevo POL-PERP+0.0104%1h0.1099−0.097%$40K3xas long as short
Kraken Futures PF_POLUSD+0.0117%1h0.1100+0.078%$1.2M$1.2M50xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1100+0.027%$3K100xas long as short
Hyperliquid POL+0.0238%1h0.1102+0.224%$7.4M$3.7M5xas long as short