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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.394%
Price spread now: dYdX against gTrade (Gains Network)+0.036%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.036% dearer against gTrade (Gains Network) than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) POL/USD0.1121L +0.0004% / S −0.0007%pay 0.0001% / 1h59m 12s$24K150x
ShortdYdX POL-USD0.11210.0011get 0.0001% / 1h59m 12s$17K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against gTrade (Gains Network). 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
$1.55
Price spread: +0.036% → 0.000%
$3.57
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$14.88
Costs to cover
0.200%
Break-even
74.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell dYdX no order-book sample
gTrade (Gains Network) and 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
Kraken Futures PF_POLUSD−0.0239%1h0.1121−0.007%$1.2M$1.6M50xas long as short
Coinbase International POL-PERP-INTX−0.0152%1h0.1118−0.268%$205K$215K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1120−0.061%$3Kas long as short
gTrade (Gains Network) POL/USDlongL +0.0004% / S −0.0007%1h0.1121long leg$24K150x
dYdX POL-USDshort+0.0011%1h0.1121+0.036%$17K$3K5x
Orderly PERP_POL_USDC+0.0014%4h0.1120−0.089%$11K$182K20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.892%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1121−0.044%$300K$574K8xas long as short
Hyperliquid POL+0.0100%1h0.1122+0.062%$7.6M$3.9M5xas long as short
Aster POLUSDT+0.0100%4h0.1121−0.026%$372K$340K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance POLUSDT+0.0100%4h0.1120−0.088%$17.3M$48.4M75xas long as short
Bybit POLUSDT+0.0100%4h0.1119−0.161%$16.1M$14.3M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1120−0.107%$5.8M$11.3M50xas long as short
Gate POL_USDT+0.0100%4h0.1120−0.098%$1.9M$1.2M75xas long as short
MEXC POL_USDT+0.0100%4h0.1120−0.080%$24.3M$3.7M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1121−0.018%$3.0M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1120−0.080%$4.1M$5.1M50xas long as short
BingX POL-USDC+0.0100%4h0.1120−0.125%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1120−0.125%$662K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1121+0.027%$1.1M$3.1M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.11210.000%$198K$646K50xas long as short
Extended POL-USD+0.0104%1h0.1120−0.108%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1119−0.134%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0216% / S −0.0750%1h0.1121−0.021%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1120−0.080%$908K$159K75xas long as short