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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.56 per $10,000 · paid last 24h +0.039%
Price spread now: BingX against Gate+0.018%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$630.630% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.122%+$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate POL_USDT0.1096−0.0012get 0.0006% / 4h3h 40m$1.8M$1.2M75x
ShortBingX POL-USDT0.10960.0100get 0.0050% / 4h3h 40m$7.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$23.52
Price spread: +0.018% → 0.000%
$1.82
Slippage, 4 orders
−$37.97
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$37.62
Costs to cover
0.630%
Break-even
18.2 days
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 12 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, 2 min ago4.10 bp18.1 bp −$18209.7 bp −$2,097doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago1.83 bp13.0 bp −$1324.2 bp −$24289.5 bp −$8,950479.3 bp −$239.7K

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−0.0600%1h0.1094−0.192%$200K$180K50xas long as short
Kraken Futures PF_POLUSD−0.0473%1h0.1098+0.135%$1.2M$973K50xas long as short
ApeX Omni POLUSDT−0.0176%1h0.1097+0.082%$174K$652K50xas long as short
Bybit POLUSDT−0.0163%4h0.10960.000%$15.8M$9.5M75xas long as short
Orderly PERP_POL_USDC−0.0092%4h0.1096+0.018%$11K$2.2M20xas long as short
OKX POL-USDT-SWAP−0.0065%4h0.1096+0.036%$5.7M$9.3M50xas long as short
Gate POL_USDTlong−0.0012%4h0.1096long leg$1.8M$1.2M75x
Reya POLRUSDPERP−0.0006%1h0.1096−0.025%$3Kas long as short
dYdX POL-USD0.0000%1h0.1098+0.138%$19K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0003%1h0.1098+0.130%$9K150xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT POL_USDT_Perp+0.0016%4h0.1097+0.053%$1.1M$2.9M10xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.359%$3K$124K12xas long as short
Extended POL-USD+0.0040%1h0.1096−0.017%$91K$521K10xas long as short
MEXC POL_USDT+0.0042%4h0.1096+0.018%$25.2M$3.4M125xas long as short
Binance POLUSDT+0.0043%4h0.1096+0.027%$16.7M$35.7M75xas long as short
Lighter POL+0.0096%1h0.1097+0.046%$274K$539K8xas long as short
Aevo POL-PERP+0.0096%1h0.1095−0.095%$40K3xas long as short
Hyperliquid POL+0.0100%1h0.1098+0.164%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1097+0.069%$363K$167K20xas long as short
KuCoin POLUSDTM+0.0100%4h0.1097+0.055%$2.8M$871K50xas long as short
Bitget POLUSDT+0.0100%4h0.1096+0.018%$4.0M$3.8M50xas long as short
BingX POL-USDTshort+0.0100%4h0.1096+0.018%$7.2M
Variational Omni POL+0.0100%4h0.1096−0.039%$606K$166Kas long as short
BloFin POL-USDT+0.0172%4h0.1096+0.009%$896K$146K75xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1098+0.183%$3K100xas long as short