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−0.0081%/8h= −8.9% APRnext payment $0.41 per $10,000 · paid last 24h −0.014%
Price spread now: OKX against GRVT−0.026%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.574% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days+0.099%+$10 · spread now −0.026%, 7d avg −0.030%
Together, before fees+0.097%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT POL_USDT_Perp0.10970.0016pay 0.0008% / 4h3h 39m$1.1M$2.9M10x
ShortOKX POL-USDT-SWAP0.1096−0.0065pay 0.0033% / 4h3h 39m$5.7M$9.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
−$17.02
Price spread: −0.026% → −0.030%
$0.42
Slippage, 4 orders
−$38.39
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$74
Costs to cover
0.574%
Break-even
never at this rate
Slippage from GRVT: live order book, 4 min ago; OKX: live order book, 4 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 GRVT live order book, 4 min ago2.73 bp20.2 bp −$2032.1 bp −$321doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago1.37 bp13.5 bp −$1352.5 bp −$525doesn't fitdoesn't fit

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%1h0.1094−0.245%$200K$180K50xas long as short
Kraken Futures PF_POLUSD−0.0473%1h0.1098+0.077%$1.2M$973K50xas long as short
Bybit POLUSDT−0.0152%4h0.1096−0.026%$15.8M$9.5M75xas long as short
Orderly PERP_POL_USDC−0.0093%4h0.1097−0.008%$11K$2.2M20xas long as short
ApeX Omni POLUSDT−0.0072%1h0.1096−0.063%$169K$654K50xas long as short
OKX POL-USDT-SWAPshort−0.0065%4h0.1096−0.026%$5.7M$9.3M50x
Reya POLRUSDPERP−0.0006%1h0.1096−0.103%$3Kas long as short
dYdX POL-USD0.0000%1h0.1098+0.085%$19K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0003%1h0.1097+0.041%$9K150xas long as short
Gate POL_USDT+0.0006%4h0.1096−0.053%$1.8M$1.2M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT POL_USDT_Perplong+0.0016%4h0.1097long leg$1.1M$2.9M10x
Injective POL/USDC PERP+0.0033%1h0.1111+1.305%$3K$124K12xas long as short
Extended POL-USD+0.0040%1h0.1097−0.007%$91K$521K10xas long as short
Binance POLUSDT+0.0040%4h0.1097+0.052%$16.7M$35.7M75xas long as short
MEXC POL_USDT+0.0042%4h0.1097−0.008%$25.2M$3.4M125xas long as short
Lighter POL+0.0096%1h0.1097+0.030%$274K$539K8xas long as short
Aevo POL-PERP+0.0096%1h0.1095−0.136%$40K3xas long as short
Hyperliquid POL+0.0100%1h0.1098+0.102%$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+0.010%$2.9M$871K50xas long as short
Bitget POLUSDT+0.0100%4h0.1097+0.010%$4.0M$3.8M50xas long as short
BingX POL-USDT+0.0100%4h0.1096−0.035%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1096−0.093%$606K$166Kas long as short
BloFin POL-USDT+0.0172%4h0.1096−0.044%$896K$146K75xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1098+0.130%$3K100xas long as short