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 −0.008%
Price spread now: Gate against Extended−0.042%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$740.744% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.042%, 7d avg −0.011%
Together, before fees+0.173%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.031% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POL-USD0.11210.0104pay 0.0013% / 1h12m 06s$93K$427K10x
ShortGate POL_USDT0.11200.0100get 0.0050% / 4h12m 06s$1.9M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.042% → −0.011%
−$3.07
Slippage, 4 orders
−$54.43
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$78.34
Costs to cover
0.744%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; Gate: live order book, 6 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, 1 min ago1.56 bp15.9 bp −$16209.6 bp −$2,096doesn't fitdoesn't fit
Sell Gate live order book, 6 min ago4.46 bp22.5 bp −$23177.6 bp −$1,776doesn'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+0.029%$205K$226K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1121+0.019%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1120−0.029%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1121+0.073%$24K150xas long as short
Orderly PERP_POL_USDC+0.0012%4h0.1120−0.024%$11K$186K20xas long as short
dYdX POL-USD+0.0015%1h0.1122+0.128%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.863%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1121+0.004%$299K$572K8xas long as short
Aster POLUSDT+0.0100%4h0.1122+0.100%$373K$353K20xas long as short
Binance POLUSDT+0.0100%4h0.1120−0.017%$17.3M$49.8M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1120−0.078%$16.1M$15.1M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1120−0.015%$5.8M$11.7M50xas long as short
Gate POL_USDTshort+0.0100%4h0.1120−0.042%$1.9M$1.3M75x
MEXC POL_USDT+0.0100%4h0.1120−0.015%$24.3M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1122+0.110%$2.9M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1121+0.003%$4.2M$5.3M50xas long as short
BingX POL-USDC+0.0100%4h0.1121−0.006%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1123+0.167%$662K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1124+0.255%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1123+0.208%$198K$650K50xas long as short
Extended POL-USDlong+0.0104%1h0.1121long leg$93K$427K10x
Aevo POL-PERP+0.0104%1h0.1119−0.130%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0217% / S −0.0750%1h0.1121+0.055%$3K100xas long as short
Hyperliquid POL+0.0228%1h0.1122+0.128%$7.6M$3.9M5xas long as short
BloFin POL-USDT+0.0340%4h0.1121+0.074%$909K$163K75xas long as short