Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.025%

Price spread now: Aevo against GRVT+0.169%71s7-day average — · you sell dearer than you buy

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

Long on GRVT Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.169% dearer against GRVT than usual: you sell high and buy low, +$17 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT POL_USDT_Perp	0.1121	0.0100	pay 0.0050% / 4h	1h 39m	$1.1M	$3.4M	10x
Short	Aevo POL-PERP	0.1123	0.0104	get 0.0013% / 1h	39m 37s	$41K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GRVT. 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 GRVTbpFee AevobpOrdersPrice spread, now +0.169%Rate

Funding earned: $0.84
Price spread: +0.169% → 0.000%: $16.86
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$7.3
Costs to cover: 0.250%
Break-even: 67.9 days

Slippage unknown: GRVT: live order book, 4 min ago; Aevo: 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 GRVT live order book, 4 min ago	1.78 bp	13.4 bp −$13	26.1 bp −$261	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Injective POL/USDC PERP	−0.0162%	1h	0.1111	−0.858%	$3K	$124K	12x	as long as short
Coinbase International POL-PERP-INTX	−0.0128%	1h	0.1122	+0.124%	$204K	$253K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0071%	1h	0.1125	+0.423%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0025%	4h	0.1124	+0.338%	$11K	$201K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1124	+0.279%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1125	+0.379%	$17K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	0.1125	+0.404%	$22K	—	150x	as long as short
Lighter POL	+0.0096%	1h	0.1125	+0.380%	$307K	$570K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1125	+0.377%	$374K	$359K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1125	+0.367%	$17.2M	$51.4M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1124	+0.338%	$16.2M	$16.0M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1124	+0.329%	$5.8M	$12.1M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1124	+0.294%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1124	+0.347%	$23.7M	$3.8M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1124	+0.347%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1124	+0.347%	$4.2M	$5.9M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1125	+0.374%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1122	+0.153%	$663K	$193K	—	as long as short
GRVT POL_USDT_Perplong	+0.0100%	4h	0.1121	long leg	$1.1M	$3.4M	10x
ApeX Omni POLUSDT	+0.0100%	1h	0.1120	−0.055%	$198K	$661K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1125	+0.348%	$94K	$427K	10x	as long as short
Aevo POL-PERPshort	+0.0104%	1h	0.1123	+0.169%	$41K	—	3x
Hyperliquid POL	+0.0155%	1h	0.1127	+0.526%	$7.6M	$4.6M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1125	+0.396%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1122	+0.106%	$905K	$169K	75x	as long as short