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+0.0167%/8h= +18.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.401%
Price spread now: dYdX against Injective+1.473%7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and dYdX is 1.473% dearer against Injective than usual: you sell high and buy low: +$147 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective POL/USDC PERP0.1111−0.0162get 0.0020% / 1h22m 54s$3K$124K12x
ShortdYdX POL-USD0.11270.0005get 0.0001% / 1h22m 54s$17K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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
$35.12
Price spread: +1.473% → 0.000%
$147.3
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee dYdX: 5 bp × 2 orders
−$10
Net
$172.4
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: live order book, 16 min ago; dYdX: 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 Injective live order book, 16 min ago75.79 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 PERPlong−0.0162%1h0.1111long leg$3K$124K12x
Coinbase International POL-PERP-INTX−0.0128%1h0.1125+1.260%$206K$236K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1127+1.477%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0017%4h0.1126+1.377%$11K$199K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1126+1.335%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1127+1.426%$22K150xas long as short
dYdX POL-USDshort+0.0005%1h0.1127+1.473%$17K$3K5x
Lighter POL+0.0096%1h0.1127+1.432%$306K$572K8xas long as short
Aster POLUSDT+0.0100%4h0.1127+1.432%$376K$360K20xas long as short
Binance POLUSDT+0.0100%4h0.1127+1.426%$17.4M$51.6M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1126+1.377%$16.2M$15.8M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1127+1.413%$5.8M$12.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1126+1.368%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1127+1.440%$23.8M$3.8M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1127+1.395%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1127+1.440%$4.2M$5.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1126+1.386%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1125+1.274%$665K$193Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1128+1.500%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1127+1.440%$199K$658K50xas long as short
Extended POL-USD+0.0104%1h0.1127+1.429%$94K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1125+1.262%$41K3xas long as short
Hyperliquid POL+0.0200%1h0.1129+1.620%$7.6M$4.6M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1127+1.411%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1126+1.386%$916K$170K75xas long as short