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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: ApeX Omni against Gate+0.054%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$810.808% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 4 days (all we have)+0.215%+$22 · spread now +0.054%, 7d avg +0.058%
Together, before fees+0.295%+$29 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate POL_USDT0.11030.0100pay 0.0050% / 4h2h 31m$1.8M$1.3M75x
ShortApeX Omni POLUSDT0.11040.0100get 0.0013% / 1h31m 23s$195K$640K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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
$0
Price spread: +0.054% → +0.058%
−$0.33
Slippage, 4 orders
−$55.8
Fee Gate: 7.5 bp × 2 orders
−$15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$81.12
Costs to cover
0.808%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; ApeX Omni: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago3.62 bp23.0 bp −$23215.9 bp −$2,159doesn't fitdoesn't fit
Sell ApeX Omni live order book, 37 min ago8.92 bp18.3 bp −$18112.1 bp −$1,121doesn't fitdoesn't fit

POL on 24 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−0.0312%1h0.1101−0.218%$203K$204K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1103−0.024%$3Kas long as short
dYdX POL-USD0.0000%1h0.1104+0.009%$17K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1104+0.059%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.689%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0038%4h0.1103−0.027%$11K$330K20xas long as short
Lighter POL+0.0096%1h0.1104+0.040%$285K$576K8xas long as short
Aster POLUSDT+0.0100%4h0.1104+0.060%$367K$275K20xas long as short
Binance POLUSDT+0.0100%4h0.11030.000%$17.1M$44.2M75xas long as short
Bybit POLUSDT+0.0100%4h0.1103−0.018%$16.0M$12.5M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1103−0.009%$5.7M$10.5M50xas long as short
Gate POL_USDTlong+0.0100%4h0.1103long leg$1.8M$1.3M75x
MEXC POL_USDT+0.0100%4h0.1104+0.009%$23.8M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1104+0.045%$2.9M$1.0M50xas long as short
Bitget POLUSDT+0.0100%4h0.1104+0.054%$4.2M$4.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1103−0.009%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1103−0.047%$611K$224Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1102−0.104%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDTshort+0.0100%1h0.1104+0.054%$195K$640K50x
Extended POL-USD+0.0104%1h0.1103+0.001%$95K$451K10xas long as short
Aevo POL-PERP+0.0104%1h0.1103−0.036%$40K3xas long as short
Kraken Futures PF_POLUSD+0.0117%1h0.1105+0.152%$1.2M$1.2M50xas long as short
Hyperliquid POL+0.0184%1h0.1105+0.181%$7.4M$3.8M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1105+0.165%$3K100xas long as short