Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.029%

Price spread now: KuCoin against gTrade (Gains Network)−0.068%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. KuCoin is 0.068% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) POL/USD	0.1097	L +0.0003% / S −0.0003%	pay 0.0000% / 1h	48m 00s	$9K	—	150x
Short	KuCoin POLUSDTM	0.1097	0.0100	get 0.0050% / 4h	3h 48m	$2.9M	$878K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee KuCoinbpOrdersPrice spread, now −0.068%Rate

Funding earned: $20.27
Price spread: −0.068% → 0.000%: −$6.83
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$8.57
Costs to cover: 0.220%
Break-even: 10.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; KuCoin: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 9 min ago	5.93 bp	30.0 bp −$30	129.0 bp −$1,290	doesn't fit	doesn't fit

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International POL-PERP-INTX	−0.0600%	1h	0.1094	−0.305%	$200K	$182K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0473%	1h	0.1097	−0.021%	$1.2M	$989K	50x	as long as short
ApeX Omni POLUSDT	−0.0348%	1h	0.1095	−0.214%	$187K	$645K	50x	as long as short
Bybit POLUSDT	−0.0330%	4h	0.1097	−0.023%	$15.8M	$9.5M	75x	as long as short
GRVT POL_USDT_Perp	−0.0126%	4h	0.1095	−0.235%	$1.1M	$2.9M	10x	as long as short
Orderly PERP_POL_USDC	−0.0083%	4h	0.1097	−0.068%	$11K	$2.2M	20x	as long as short
OKX POL-USDT-SWAP	−0.0072%	4h	0.1098	+0.059%	$5.7M	$9.3M	50x	as long as short
Gate POL_USDT	−0.0050%	4h	0.1095	−0.169%	$1.8M	$1.2M	75x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1096	−0.116%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1097	−0.076%	$19K	$3K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) POL/USDlong	L +0.0003% / S −0.0003%	1h	0.1097	long leg	$9K	—	150x
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.244%	$3K	$124K	12x	as long as short
Binance POLUSDT	+0.0048%	4h	0.1098	+0.041%	$16.7M	$36.3M	75x	as long as short
Extended POL-USD	+0.0048%	1h	0.1098	+0.014%	$92K	$520K	10x	as long as short
MEXC POL_USDT	+0.0052%	4h	0.1096	−0.087%	$25.2M	$3.4M	125x	as long as short
Lighter POL	+0.0096%	1h	0.1097	−0.068%	$274K	$538K	8x	as long as short
Aevo POL-PERP	+0.0096%	1h	0.1095	−0.234%	$40K	—	3x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1098	+0.077%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1097	−0.007%	$363K	$167K	20x	as long as short
KuCoin POLUSDTMshort	+0.0100%	4h	0.1097	−0.068%	$2.9M	$878K	50x
Bitget POLUSDT	+0.0100%	4h	0.1098	+0.050%	$4.0M	$3.8M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1096	−0.087%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1097	−0.062%	$605K	$166K	—	as long as short
BloFin POL-USDT	+0.0209%	4h	0.1096	−0.141%	$897K	$146K	75x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1097	+0.005%	$3K	—	100x	as long as short