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+0.0372%/8h= +40.7% APRnext payment +$0.46 per $10,000 · paid last 24h +0.078%
Price spread now: dYdX against Kraken Futures+0.028%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 6 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 +$11 a day on $10k at the current rate, and dYdX is 0.028% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_POLUSD0.1081−0.0372get 0.0046% / 1h10m 37s$1.2M$805K50x
ShortdYdX POL-USD0.10820get 0.0000% / 1h10m 37s$24K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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
$78.04
Price spread: +0.028% → 0.000%
$2.76
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$60.8
Costs to cover
0.200%
Break-even
1.5 days
Slippage unknown: Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago6.47 bp12.5 bp −$1359.2 bp −$592doesn'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 exchanges

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−0.0648%1h0.1082+0.056%$188K$163K50xas long as short
Kraken Futures PF_POLUSDlong−0.0372%1h0.1081long leg$1.2M$805K50x
Orderly PERP_POL_USDC−0.0180%4h0.1081−0.037%$10K$2.6M20xas long as short
Gate POL_USDT−0.0152%4h0.1080−0.083%$1.8M$936K75xas long as short
Bybit POLUSDT−0.0108%4h0.1080−0.102%$15.3M$7.9M75xas long as short
GRVT POL_USDT_Perp−0.0080%4h0.1081−0.009%$1.0M$2.6M10xas long as short
Reya POLRUSDPERP−0.0006%1h0.1081−0.081%$2Kas long as short
dYdX POL-USDshort0.0000%1h0.1082+0.028%$24K$9K5x
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0003%1h0.1082+0.058%$8K150xas long as short
Bitget POLUSDT+0.0010%4h0.1082+0.028%$4.0M$2.6M50xas long as short
Show all 25 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective POL/USDC PERP+0.0033%1h0.1111+2.737%$3K$124K12xas long as short
OKX POL-USDT-SWAP+0.0033%4h0.1081−0.065%$5.6M$7.2M50xas long as short
MEXC POL_USDT+0.0038%4h0.1081−0.065%$25.0M$3.1M125xas long as short
BingX POL-USDT+0.0038%4h0.1081−0.065%$7.0Mas long as short
Binance POLUSDT+0.0039%4h0.1081−0.065%$16.5M$28.4M75xas long as short
Extended POL-USD+0.0040%1h0.1080−0.097%$90K$618K10xas long as short
Variational Omni POL+0.0086%4h0.1080−0.143%$605K$157Kas long as short
Aevo POL-PERP+0.0088%1h0.1080−0.171%$40K3xas long as short
Lighter POL+0.0096%1h0.1081+0.005%$250K$431K8xas long as short
Hyperliquid POL+0.0100%1h0.1083+0.113%$7.3M$3.3M5xas long as short
Aster POLUSDT+0.0100%4h0.1082+0.062%$363K$131K20xas long as short
KuCoin POLUSDTM+0.0100%4h0.1082+0.037%$3.1M$764K50xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1082+0.056%$153K$658K50xas long as short
GMX POL/USD [ETH-USDC]L +0.0158% / S −0.0283%1h0.1082+0.030%$3K100xas long as short
BloFin POL-USDT+0.0159%4h0.1081−0.055%$887K$135K75xas long as short