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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.210%
Price spread now: dYdX against Extended+0.046%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and dYdX is 0.046% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POL-USD0.11010.0104pay 0.0013% / 1h27m 30s$95K$451K10x
ShortdYdX POL-USD0.11020.0199get 0.0025% / 1h27m 30s$17K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$19.95
Price spread: +0.046% → 0.000%
$4.57
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
$9.52
Costs to cover
0.150%
Break-even
3.7 days
Slippage unknown: Extended: live order book, 30 min ago; dYdX: 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 Extended live order book, 30 min ago1.51 bp16.2 bp −$16196.2 bp −$1,962doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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
Coinbase International POL-PERP-INTX−0.0520%1h0.1101−0.045%$203K$198K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1101−0.028%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1102+0.021%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.863%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0041%4h0.1100−0.100%$11K$259K20xas long as short
Lighter POL+0.0096%1h0.1102+0.037%$280K$555K8xas long as short
Aster POLUSDT+0.0100%4h0.1102+0.033%$366K$271K20xas long as short
Binance POLUSDT+0.0100%4h0.1102+0.037%$17.1M$41.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1101−0.009%$15.8M$11.8M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1102+0.037%$5.7M$10.1M50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate POL_USDT+0.0100%4h0.1100−0.100%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1102+0.037%$24.5M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1102+0.028%$2.9M$977K50xas long as short
Bitget POLUSDT+0.0100%4h0.1102+0.018%$4.1M$4.7M50xas long as short
BingX POL-USDT+0.0100%4h0.1101−0.009%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1101−0.022%$610K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1103+0.135%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1103+0.136%$196K$635K50xas long as short
Extended POL-USDlong+0.0104%1h0.1101long leg$95K$451K10x
Aevo POL-PERP+0.0104%1h0.1100−0.136%$40K3xas long as short
Hyperliquid POL+0.0147%1h0.1104+0.191%$7.5M$3.7M5xas long as short
dYdX POL-USDshort+0.0199%1h0.1102+0.046%$17K$2K5x
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1102+0.006%$3K100xas long as short
Kraken Futures PF_POLUSD+0.0314%1h0.1101−0.055%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1103+0.164%$905K$169K75xas long as short