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+0.0096%/8h= +10.5% APRpaid last 24h +0.029%
Price spread now: Variational Omni against gTrade (Gains Network)+0.070%51s7-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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.070% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) POL/USD0.1124L +0.0004% / S −0.0007%pay 0.0001% / 1h11m 37s$24K150x
ShortVariational Omni POL0.11250.0100get 0.0050% / 4h1h 11m$664K$193K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$20.15
Price spread: +0.070% → 0.000%
$7.02
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$17.18
Costs to cover
0.100%
Break-even
1.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 7 min ago. 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 Variational Omni RFQ quote, 7 min ago4.44 bpdoesn't fit40.0 bp −$400doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective POL/USDC PERP−0.0162%1h0.1111−1.154%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1122−0.175%$205K$236K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1124+0.019%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0012%4h0.1123−0.069%$11K$197K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1123−0.058%$3Kas long as short
gTrade (Gains Network) POL/USDlongL +0.0004% / S −0.0007%1h0.1124long leg$24K150x
dYdX POL-USD+0.0014%1h0.1124+0.001%$17K$3K5xas long as short
Lighter POL+0.0096%1h0.1124−0.019%$300K$577K8xas long as short
Aster POLUSDT+0.0100%4h0.1124−0.042%$376K$360K20xas long as short
Binance POLUSDT+0.0100%4h0.1124−0.015%$17.4M$51.1M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1123−0.060%$16.2M$15.6M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1123−0.060%$5.8M$12.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1124−0.006%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1123−0.069%$23.7M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1123−0.051%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1124−0.006%$4.2M$5.8M50xas long as short
BingX POL-USDC+0.0100%4h0.1123−0.113%$1.6Mas long as short
Variational Omni POLshort+0.0100%4h0.1125+0.070%$664K$193K
GRVT POL_USDT_Perp+0.0100%4h0.1124−0.024%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1124+0.003%$199K$658K50xas long as short
Extended POL-USD+0.0104%1h0.1123−0.062%$94K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1123−0.131%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1124+0.001%$3K100xas long as short
Hyperliquid POL+0.0234%1h0.1126+0.163%$7.6M$4.6M5xas long as short
BloFin POL-USDT+0.0340%4h0.1125+0.118%$915K$170K75xas long as short