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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.015%
Price spread now: BingX against Extended+0.019%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1681.683% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.233%+$23 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.019%, 7d avg +0.016%
Together, before fees+0.249%+ Points / potential airdropExtended: Active · farm board+$25 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POL-USD0.11180.0104pay 0.0013% / 1h34m 00s$93K$427K10x
ShortBingX POL-USDC0.11180.0100get 0.0050% / 4h34m 00s$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.019% → +0.016%
$0.3
Slippage, 4 orders
−$153.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$168.84
Costs to cover
1.683%
Break-even
never at this rate
Slippage from Extended: live order book, 44 min ago; BingX: live order book, 12 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, 44 min ago1.56 bp15.5 bp −$16168.9 bp −$1,689doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago4.45 bp77.9 bp −$78709.6 bp −$7,0961258.3 bp −$125.8Kdoesn't fit

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−0.0128%1h0.1117−0.062%$204K$224K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1118+0.058%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1117−0.041%$3Kas long as short
dYdX POL-USD+0.0002%1h0.1119+0.123%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1118+0.048%$24K150xas long as short
Orderly PERP_POL_USDC+0.0007%4h0.1118+0.001%$11K$190K20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.598%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1118+0.038%$298K$572K8xas long as short
Aster POLUSDT+0.0100%4h0.1119+0.092%$372K$353K20xas long as short
Binance POLUSDT+0.0100%4h0.1118+0.028%$17.2M$50.4M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1117−0.026%$16.1M$15.3M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1118−0.017%$5.8M$11.8M50xas long as short
Gate POL_USDT+0.0100%4h0.1118−0.008%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1118+0.010%$24.3M$3.8M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1118+0.037%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1118−0.017%$4.1M$5.5M50xas long as short
BingX POL-USDCshort+0.0100%4h0.1118+0.019%$1.7M
Variational Omni POL+0.0100%4h0.1117−0.037%$661K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1119+0.091%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1119+0.117%$197K$655K50xas long as short
Extended POL-USDlong+0.0104%1h0.1118long leg$93K$427K10x
Aevo POL-PERP+0.0104%1h0.1116−0.139%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0216% / S −0.0750%1h0.1118+0.045%$3K100xas long as short
Hyperliquid POL+0.0293%1h0.1120+0.180%$7.6M$4.0M5xas long as short
BloFin POL-USDT+0.0340%4h0.1118−0.008%$911K$168K75xas long as short