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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0110%/8h= −12.1% APRnext payment $0.14 per $10,000 · paid last 24h −0.017%
Price spread now: Reya against Extended−0.035%7-day average · you buy dearer than you sell
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 3 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 · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 0.035% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POL-USD0.11260.0104pay 0.0013% / 1h38m 07s$94K$427K10x
ShortReya POLRUSDPERP0.1126−0.0006pay 0.0001% / 1h38m 07s$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$23.17
Price spread: −0.035% → 0.000%
−$3.5
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Reya: 3 bp × 2 orders
−$6
Net
−$37.66
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 44 min ago; Reya: 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, 44 min ago1.88 bp15.7 bp −$16212.5 bp −$2,125doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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
Injective POL/USDC PERP−0.0162%1h0.1111−1.347%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1126−0.015%$205K$233K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1126+0.005%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0024%4h0.1126−0.023%$11K$201K20xas long as short
Reya POLRUSDPERPshort−0.0006%1h0.1126−0.035%$3K
dYdX POL-USD0.0000%1h0.1127+0.051%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1127+0.056%$22K150xas long as short
Lighter POL+0.0096%1h0.1126−0.028%$307K$570K8xas long as short
Aster POLUSDT+0.0100%4h0.1127+0.048%$374K$357K20xas long as short
Binance POLUSDT+0.0100%4h0.1126−0.048%$17.2M$51.4M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1125−0.086%$16.2M$16.0M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1125−0.068%$5.8M$12.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1126−0.015%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1126−0.006%$23.8M$3.8M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1126−0.015%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1126+0.012%$4.2M$5.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1126+0.003%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1122−0.341%$663K$193Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1123−0.305%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1124−0.192%$199K$660K50xas long as short
Extended POL-USDlong+0.0104%1h0.1126long leg$94K$427K10x
Aevo POL-PERP+0.0104%1h0.1124−0.192%$41K3xas long as short
Hyperliquid POL+0.0152%1h0.1128+0.119%$7.6M$4.6M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1127+0.049%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1127+0.048%$909K$170K75xas long as short