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 +0.003%
Price spread now: MEXC against Extended+0.038%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$390.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.038%, 7d avg +0.026%
Together, before fees−0.002%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POL-USD0.11270.0104pay 0.0013% / 1h56m 04s$94K$427K10x
ShortMEXC POL_USDT0.11270.0100get 0.0050% / 4h56m 04s$24.2M$3.8M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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% → +0.026%
$1.16
Slippage, 4 orders
−$34.2
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 0 bp × 2 orders
$0
Net
−$38.88
Costs to cover
0.392%
Break-even
never at this rate
Slippage from Extended: live order book, 22 min ago; MEXC: live order book, 8 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, 22 min ago1.56 bp15.5 bp −$16168.9 bp −$1,689doesn't fitdoesn't fit
Sell MEXC live order book, 8 min ago2.22 bp4.4 bp −$49.6 bp −$9670.5 bp −$7,049200.5 bp −$100.2K

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%1h0.1122−0.415%$205K$236K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1128+0.112%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1127+0.015%$3Kas long as short
Orderly PERP_POL_USDC−0.0005%4h0.1127+0.002%$11K$194K20xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1127+0.051%$24K150xas long as short
dYdX POL-USD+0.0017%1h0.1126−0.065%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−1.391%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1127+0.045%$301K$570K8xas long as short
Aster POLUSDT+0.0100%4h0.1127+0.025%$374K$360K20xas long as short
Binance POLUSDT+0.0100%4h0.1127+0.038%$17.4M$50.7M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1126−0.051%$16.3M$15.5M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1127+0.020%$5.8M$12.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1126−0.024%$1.9M$1.3M75xas long as short
MEXC POL_USDTshort+0.0100%4h0.1127+0.038%$24.2M$3.8M125x
KuCoin POLUSDTM+0.0100%4h0.1127+0.029%$2.8M$1.0M50xas long as short
Bitget POLUSDT+0.0100%4h0.1127+0.011%$4.2M$5.8M50xas long as short
BingX POL-USDT+0.0100%4h0.1127−0.007%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1123−0.309%$664K$189Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1126−0.100%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1126−0.060%$199K$657K50xas long as short
Extended POL-USDlong+0.0104%1h0.1127long leg$94K$427K10x
Aevo POL-PERP+0.0104%1h0.1126−0.103%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1127+0.063%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1127−0.015%$915K$170K75xas long as short
Hyperliquid POL+0.0379%1h0.1129+0.233%$7.7M$4.0M5xas long as short