Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.006%

Price spread now: gTrade (Gains Network) against Gate+0.241%7-day average — · you sell dearer than you buy

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

Long on Gate Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.241% dearer against Gate than usual: you sell high and buy low (spread +0.241% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate POL_USDT	0.1111	0.0100	pay 0.0050% / 4h	2h 38m	$1.9M	$1.4M	75x
Short	gTrade (Gains Network) POL/USD	0.1114	L +0.0004% / S −0.0006%	get 0.0001% / 1h	38m 48s	$22K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee GatebpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.241%Rate

Funding earned: −$19.7
Price spread: +0.241% → 0.000%: $24.11
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$20.59
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 4 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 4 min ago	3.15 bp	19.3 bp −$19	206.9 bp −$2,069	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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
ApeX Omni POLUSDT	−0.0154%	1h	0.1113	+0.135%	$197K	$661K	50x	as long as short
Coinbase International POL-PERP-INTX	−0.0080%	1h	0.1111	−0.045%	$202K	$254K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0072%	1h	0.1113	+0.104%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0039%	4h	0.1113	+0.162%	$11K	$209K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1113	+0.135%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USDshort	L +0.0004% / S −0.0006%	1h	0.1114	+0.241%	$22K	—	150x
dYdX POL-USD	+0.0004%	1h	0.1112	+0.067%	$17K	$3K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.045%	$3K	$124K	12x	as long as short
GRVT POL_USDT_Perp	+0.0064%	4h	0.1112	+0.018%	$1.1M	$3.5M	10x	as long as short
OKX POL-USDT-SWAP	+0.0092%	4h	0.1113	+0.162%	$5.7M	$12.1M	50x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter POL	+0.0096%	1h	0.1113	+0.153%	$311K	$559K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1115	+0.342%	$7.6M	$4.6M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1113	+0.132%	$370K	$383K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1113	+0.162%	$17.0M	$51.9M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1113	+0.108%	$16.0M	$16.5M	75x	as long as short
Gate POL_USDTlong	+0.0100%	4h	0.1111	long leg	$1.9M	$1.4M	75x
MEXC POL_USDT	+0.0100%	4h	0.1113	+0.162%	$23.4M	$4.0M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1112	+0.036%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1113	+0.162%	$4.1M	$6.0M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1112	+0.081%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1111	−0.017%	$657K	$211K	—	as long as short
Extended POL-USD	+0.0104%	1h	0.1112	+0.050%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1112	+0.045%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1114	+0.228%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1113	+0.108%	$903K	$167K	75x	as long as short