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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0056%/8h= −6.2% APRnext payment $0.07 per $10,000 · paid last 24h −0.030%
Price spread now: Aevo against Hyperliquid−0.372%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.372% cheaper against Hyperliquid than usual: you would sell low and buy high (−$37 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid POL0.11250.0160pay 0.0020% / 1h41m 11s$7.6M$4.6M5x
ShortAevo POL-PERP0.11210.0104get 0.0013% / 1h41m 11s$41K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hyperliquid. 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
−$11.81
Price spread: −0.372% → 0.000%
−$37.16
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$73.97
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 11 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 11 min ago1.34 bp15.1 bp −$15doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective POL/USDC PERP−0.0162%1h0.1111−1.242%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1122−0.264%$204K$253K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1124−0.116%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0026%4h0.1123−0.211%$11K$201K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1123−0.213%$3Kas long as short
dYdX POL-USD0.0000%1h0.1124−0.115%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1124−0.109%$22K150xas long as short
Lighter POL+0.0096%1h0.1123−0.181%$307K$570K8xas long as short
Aster POLUSDT+0.0100%4h0.1123−0.172%$373K$359K20xas long as short
Binance POLUSDT+0.0100%4h0.1123−0.192%$17.1M$51.4M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1122−0.237%$16.2M$16.0M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1123−0.175%$5.8M$12.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1123−0.184%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1123−0.184%$23.7M$3.8M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1123−0.157%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1123−0.193%$4.2M$5.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1124−0.113%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1118−0.607%$660K$193Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1121−0.387%$1.1M$3.4M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1120−0.442%$198K$661K50xas long as short
Extended POL-USD+0.0104%1h0.1122−0.225%$93K$427K10xas long as short
Aevo POL-PERPshort+0.0104%1h0.1121−0.372%$41K3x
Hyperliquid POLlong+0.0160%1h0.1125long leg$7.6M$4.6M5x
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1123−0.137%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1122−0.282%$905K$169K75xas long as short