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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Reya against gTrade (Gains Network)−0.084%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 airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Reya is 0.084% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) POL/USD0.1106L +0.0004% / S −0.0007%pay 0.0001% / 1h32m 29s$24K150x
ShortReya POLRUSDPERP0.1105−0.0006pay 0.0001% / 1h32m 29s$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$2.16
Price spread: −0.084% → 0.000%
−$8.41
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$26.57
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell Reya no order-book sample
gTrade (Gains Network) and 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
Coinbase International POL-PERP-INTX−0.0464%1h0.1098−0.749%$202K$200K50xas long as short
Reya POLRUSDPERPshort−0.0006%1h0.1105−0.084%$3K
dYdX POL-USD0.0000%1h0.1107+0.044%$17K$1K5xas long as short
gTrade (Gains Network) POL/USDlongL +0.0004% / S −0.0007%1h0.1106long leg$24K150x
Injective POL/USDC PERP+0.0033%1h0.1111+0.426%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0043%4h0.1105−0.080%$11K$298K20xas long as short
Lighter POL+0.0096%1h0.1106−0.005%$286K$564K8xas long as short
Aster POLUSDT+0.0100%4h0.1106+0.004%$368K$269K20xas long as short
Binance POLUSDT+0.0100%4h0.1106−0.016%$17.2M$42.2M75xas long as short
Bybit POLUSDT+0.0100%4h0.1105−0.117%$16.0M$11.9M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1106−0.062%$5.7M$10.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1106−0.017%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1106−0.017%$23.9M$3.5M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1106−0.026%$2.9M$975K50xas long as short
Bitget POLUSDT+0.0100%4h0.1106−0.044%$4.2M$4.7M50xas long as short
BingX POL-USDC+0.0100%4h0.1106−0.017%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1103−0.330%$610K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1104−0.171%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1104−0.207%$195K$636K50xas long as short
Extended POL-USD+0.0104%1h0.1106−0.033%$92K$448K10xas long as short
Aevo POL-PERP+0.0104%1h0.1104−0.252%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1106−0.009%$3K100xas long as short
Hyperliquid POL+0.0222%1h0.1108+0.118%$7.5M$3.7M5xas long as short
Kraken Futures PF_POLUSD+0.0259%1h0.1107+0.064%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1104−0.198%$912K$166K75xas long as short