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 +0.004%
Price spread now: Bybit against Extended−0.025%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$590.594% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.153%+$15 on $10k
Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.025%, 7d avg −0.005%
Together, before fees+0.200%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POL-USD0.11190.0104pay 0.0013% / 1h10m 45s$93K$427K10x
ShortBybit POLUSDT0.11190.0100get 0.0050% / 4h10m 45s$16.1M$15.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.025% → −0.005%
−$1.99
Slippage, 4 orders
−$43.37
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$62.2
Costs to cover
0.594%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Bybit: 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, 2 min ago1.56 bp15.9 bp −$16209.6 bp −$2,096doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.89 bp14.2 bp −$1435.9 bp −$359doesn't fitdoesn'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%1h0.1121+0.199%$205K$226K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1119+0.023%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1119−0.012%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1119+0.034%$24K150xas long as short
Orderly PERP_POL_USDC+0.0012%4h0.1118−0.052%$11K$186K20xas long as short
dYdX POL-USD+0.0014%1h0.1120+0.118%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.695%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.11190.000%$298K$572K8xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1119+0.029%$5.8M$11.6M50xas long as short
Aster POLUSDT+0.0100%4h0.1120+0.109%$372K$340K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance POLUSDT+0.0100%4h0.1119+0.038%$17.2M$49.8M75xas long as short
Bybit POLUSDTshort+0.0100%4h0.1119−0.025%$16.1M$15.1M75x
Gate POL_USDT+0.0100%4h0.1119−0.016%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1119+0.002%$24.2M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1119−0.007%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1119+0.020%$4.1M$5.3M50xas long as short
BingX POL-USDT+0.0100%4h0.1119+0.002%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1117−0.155%$660K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1121+0.172%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1121+0.199%$198K$649K50xas long as short
Extended POL-USDlong+0.0104%1h0.1119long leg$93K$427K10x
Aevo POL-PERP+0.0104%1h0.1117−0.162%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0216% / S −0.0750%1h0.1119+0.017%$3K100xas long as short
Hyperliquid POL+0.0228%1h0.1121+0.207%$7.6M$3.9M5xas long as short
BloFin POL-USDT+0.0340%4h0.1121+0.226%$911K$163K75xas long as short